Emaar Hospitality Group, the leisure division of Dubai-based real estate developer Emaar Properties, said on Wednesday it has signed an agreement with West African conglomerate Kalyan Group to open a hotel in Togo, marking Emaar’s entry into sub-Saharan Africa. The premium hotel in the Togolese capital city of Lomé will operate under Emaar’s Address Hotels and Resorts brand and is scheduled to open later this year. “Our management agreement to operate Address Hotel 2 Février Lomé Togo is a significant landmark in our expansion to Sub-Saharan Africa,” Olivier Harnisch, chief executive of Emaar Hospitality, said in a statement to media on Wednesday. “Togo is a fascinating country with strong growth prospects. It is also strengthening its tourism sector with the goal of increasing the [GDP] share of the industry from 2 to 7 per cent by 2020, investing in infrastructure upgrades and boosting the industrial sector,” Mr Harnisch added.
The 30-storey property, first established as Hotel 2 Février in 1980, is located seven kilometres from Lomé-Tokoin International Airport and occupies the tallest building in Togo. It will open its doors to guests following a rebranding and, once complete, will offer 256 rooms and suites, 64 serviced apartments, restaurants, meeting rooms, a ballroom and other facilities. The management agreement was signed with the building’s owner Kalyan Hospitality Development, the hospitality arm of Kalyan Group, one of Togo’s largest conglomerates.
All rights reserved to the initial publisher for thenational.ae
Collected and published by Arms &McGregor International Realty® editorial team. Get in touch with us at [email protected]