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Home Featured News

Hospitality Industry in Nigeria Has a Promising Future – Dr. Akweke

by NationalInsight
July 18, 2025
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Chairman and CEO of McDons Skye Hotel, Owerri, Dr. Modestus Chigo Akweke, has expressed strong optimism about the future of Nigeria’s hospitality industry, citing renewed federal support for tourism and creative economy development as key drivers of sustained growth and investment.

Speaking at the recently concluded Hotel Managers Conference Africa, held in Lagos, Dr. Akweke praised the Federal Government’s commitment to reviving the sector, particularly acknowledging the efforts of the Honourable Minister of Art, Culture, Tourism, and Creative Economy, Barrister Hannatu Musawa, for successfully hosting the 68th UN Tourism Regional Commission for Africa (CAF) meeting in Abuja.

“The current administration is clearly not taking tourism for granted,” Dr. Akweke stated. “Hosting such a prestigious event with international delegates present shows not only our government’s commitment but also sends a strong message to the world that Nigeria is open, ready, and safe for tourism and hospitality investment.”

He described Nigeria as a compelling destination with immense potential, noting that the country’s security challenges are not unique and should not overshadow the vast opportunities within the sector.

“Nigeria is an amazing destination worthy of exploring,” he added. “The presence of over 300 delegates—including more than 20 Ministers, tourism leaders, government officials, and creative-sector stakeholders—at the CAF meeting is a testimony to our potential and safety.”

Dr. Akweke highlighted that Nigeria’s rich cultural heritage, diverse landscapes, and fast-growing middle class are fueling increasing demand for high-quality hospitality services.

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“That’s the vision behind McDons Skye Hotel in Owerri,” he noted. “We want to demonstrate that from the North to the South, East to West, Nigeria is truly a home of hospitality.”

Referencing a recent industry report by the W Hospitality Group, he disclosed that Nigeria currently ranks third in Africa for hotel room development—trailing only Egypt and Morocco—while leading countries like Ethiopia, Cape Verde, Kenya, Tunisia, South Africa, Tanzania, and Ghana.

“This data, based on analysis from over 50 international and regional hotel chains, confirms that development activity in Nigeria’s hospitality sector is not only growing, it’s accelerating,” he said. “All indicators point to a very bright and promising future for the industry.”

Dr. Akweke concluded by encouraging both local and foreign investors to seize the emerging opportunities in the sector, as Nigeria positions itself as a leading destination for tourism, business, and leisure across Africa.

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Tags: Chairman and CEO of McDons Skye HotelDr. Modestus Chigo AkwekeHotel Managers Conference AfricaOwerri
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