Amor Hotel leads South-West Nigeria’s booming hospitality despite inflation pressures
The Amor Hotel, part of the Amor Hotel Group, is making waves in the South-West Nigerian hospitality sector. Located in Ado-Ekiti, Ekiti State, it offers accommodation at varying prices, from N55,000 to N400,000 per night. Meanwhile, Lagos State recorded a headline inflation rate of 14.7% year-on-year in August 2025, the lowest in the region.
The Amor Hotel Group, led by Radjendran Tirounavoucarassou and Kamal Puri, operates four properties in Nigeria. Despite growing supply and varying inflation rates across states - Ekiti at 28.2%, Oyo at 26.6%, Ogun at 24.3%, and Osun at 22.1% - investors and consumers face inflationary pressures. The sector remains attractive, with significant investments flowing in.
Certain hotels in the South-West stand out for their strong performance. The Amor Hotel, among them, is distinguished by guest ratings, room capacity, cost per night, and proximity to key landmarks. Nigeria ranks high in Africa for hotel development, with 48 new projects and over 7,300 rooms slated for completion in 2025.
The Amor Hotel, with its competitive pricing and strategic location, is a notable player in the thriving South-West Nigerian hospitality industry. Despite inflationary pressures, the sector continues to attract significant investment, indicating a promising future for the industry.