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Development Pipeline Scheduled for Q1 2028

Crowne Plaza Lagos Ikeja

IHG Strengthens Presence in West Africa with signing of Crowne Plaza Lagos Ikeja

IHG Hotels & Resorts, one of the world's leading hospitality companies, has announced the signing of Crowne Plaza Lagos Ikeja, a 119-rooms hotel scheduled to open in early 2028 under a franchise agreement with Watercress Hotel International Limited and to be operated by Valor Hospitality Partners, a global leader in integrated hotel management and operations solutions, and one of IHG's trusted partners. The signing represents a strategic milestone in IHG's expansion across the African continent and reinforces its commitment to strengthening its presence in key cities.

IHG and Valor Hospitality
Ikeja, Nigeria
Crowne Plaza Lagos Ikeja ......

Photo by IHG

Strategically located in Lagos' vibrant Ikeja district — the city's main administrative, aviation, and commercial hub — Crowne Plaza Lagos Ikeja will offer seamless access to Murtala Muhammed International Airport, Alausa Secretariat, Ikeja City Mall, major corporate offices, embassies, and cultural attractions such as Nike Art Gallery, positioning the hotel to serve international business travellers, government delegations, and leisure guests alike. Its central location also allows convenient connectivity to Lagos' renowned coastal attractions, including Tarkwa Bay Beach and Elegushi Beach, providing leisure guests with access to the city's vibrant waterfront experiences.

Crowne Plaza Lagos Ikeja will introduce the brand's signature features to West Africa, including the next-generation Plaza Workspace, a flexible, design-led environment that supports collaboration and informal meetings. Guests will also benefit from WorkLife Rooms, thoughtfully designed to combine comfort, functionality, and seamless transitions between work and relaxation.

Upon opening, Crowne Plaza Lagos Ikeja will join a global network of more than 400 Crowne Plaza hotels and resorts. The brand is recognised for its contemporary design and guest-centric approach, helping travellers maintain balance between work and leisure, and making it a preferred choice for today's professionals and global travellers.

The transaction was advised by Olayiwola Matthew, Founder of HeroPlus Hospitality Consulting, who served as development advisor and hospitality consultant to Watercress Hotel International Limited, providing strategic support in brand selection, market feasibility, operator negotiations, and transaction execution.

Africa Nigeria Ikeja
Crowne Plaza
Hotel Brand

Part of the IHG global portfolio, the Crowne Plaza® Hotels & Resorts brand is a dynamic upscale hotel brand located in nearly 65 countries around the world in major urban centres, gateway cities and resort destinations. As the fourth largest upscale full-service hotel brand in the world and one of the fastest growing, the Crowne Plaza brand has a solid foundation for future growth.

IHG
Management CompanyFranchise OrganizationBrand OwnerHotel Group

IHG Hotels & Resorts is a global hospitality company, with a purpose to provide True Hospitality for Good. With a family of 19 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,000 open hotels in over 100 countries, and more than 1,900 in the development pipeline.

Valor Hospitality
Hotel GroupManagement Company

Valor Hospitality Partners is a leading global full-service hotel management and development company, delivering fully integrated hospitality solutions across multiple continents. Headquartered in Atlanta, GA, USA, Valor Hospitality Partner is known for its hands-on leadership, innovative commercial strategies, culture-driven teams, and strong track record in improving hotel performance and profitability across diverse markets.