Tourism in Nigeria, which contributes, to a greater extend, to the country’s economic growth; also plays a crucial role in the development of the hotel industry. However, the fact that most tourist attraction sites in the country are owned and managed by the government of Nigeria complicates the issue of hotel management.
The cost of running hotels is also complicated, in Nigeria, by the fact that a lot of bureaucracy does exist on the manner on which people can develop hotels. Some regions in the country, especially in Lagos and Abuja, are always very highly rated. Ownership of hotels in such regions therefore requires that in-depth analysis is done to ensure that the actual cost of purchasing land and constructing hotels is fully understood before the premises could be constructed.
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