business
Accor and Shoreline sign agreement for Nigerian hotel development
Key takeaways
- Announced at the Africa Forward Summit 2026 in Nairobi, the agreement outlines plans to create a hotel network across the country.
- The initiative will involve ten hotels in eight cities, bringing more than 1,200 rooms to the market by 2030.
- Shoreline intends to invest $300m in the project, and Accor will provide access to its portfolio of international brands as well as operational expertise.
Accor and Shoreline sign agreement for Nigerian hotel development Anwesha Pattanaik Wed, May 13, 2026 at 5:45 PM GMT+7 2 min read AC.PA Hospitality group Accor has signed a letter of intent (LOI) with energy and infrastructure investment group Shoreline for establishing Nigeria’s first national hotel platform.
Announced at the Africa Forward Summit 2026 in Nairobi, the agreement outlines plans to create a hotel network across the country.
The initiative will involve ten hotels in eight cities, bringing more than 1,200 rooms to the market by 2030.
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