Hilton and Transcorp Hotels Sign 20 Year Extension
Hilton and Transcorp Hotels have signed a 20-year extension to the current agreement to manage the iconic Transcorp Hilton hotel in Abuja. The agreement will see Hilton manage the property until 2037.
The hotel, which is a national landmark for having hosted countless heads of state and global events like the World Economic Forum on Africa, has been operated by Hilton since its opening in 1987.
The award-winning 667-room hotel is currently undergoing a multi-million dollar renovation which will transform the property and re-position it as the leading provider of hospitality in Nigeria.
Hilton and Transcorp Hotels have two additional properties in the development pipeline. Hilton expects to open six hotels in the next six months across Africa, and open properties in 15 countries where it currently does not operate in the next three years.
Hilton, which has more than 5,000 hotels globally, has had a continuous presence in Africa for more than 50 years. It expects to more than double its current presence across the continent in the next five years.