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Nairaland Forum / Nairaland / General / Business / Lagos City Hotel Rates Are The Most Expensive In Africa (38015 Views)
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Re: Lagos City Hotel Rates Are The Most Expensive In Africa by t2luv1: 7:06pm On Sep 04, 2014 |
whirlwind7: It doesn't take rocket science to figure out. Cost of running business in Nigeria is outrageously high. Same reason why many companies have been shut down: No water, no electricity. In manufacturing term we call it COGS (Cost of Goods Sold). Normally labor is the most expensive item during cost roll up in determining how much to sell a manufacture good. In Nigeria it is usually utilities. That is why I am always skeptical when I read about an auto company setting up shop in Nigeria cos I know from experience how important constant source of energy is to a manufacturing or assembly plant. I know we will get there one day. |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by Tobbey(m): 7:10pm On Sep 04, 2014 |
ONLY FOR THE RICH |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by Solodegreat24(m): 7:11pm On Sep 04, 2014 |
And we are wondering why d country don't hv tourists. Nonsense. Wht a failed economy! 3 Likes |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by t2luv1: 7:14pm On Sep 04, 2014 |
UchihaMadara: And those houses goes for 1/4th of the cost it takes just to buy a plot of (120X60) in Lekki. Only in Nigeria !!!!. I always wonder how people are able to justify spending such a huge amount just to buy a land with no amenities. 3 Likes |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by 100Cents: 7:15pm On Sep 04, 2014 |
Segadem: That excuse does not hold water, are they the only one that generates power for themselves? It is everybody's problem, once u are living in Nigeria u get to generate your power,your water, your security and so on! No mind them bro, borehole that is drilled and piped once. Me self go soon on my gen. Like that every night for 3 hours. So if I pay N6000 for a low class room in a hotel, I don't deserve an AC to prevent mosquitoes biting me all under the 12 Noon to 12 Noon time. ? Smh.. 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by Suarezilla(m): 7:17pm On Sep 04, 2014 |
Blockus:I'd rather give such money to the less priviledge |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by InvertedHammer: 7:19pm On Sep 04, 2014 |
CityNG: / Day to day living bro. Not every day that you go for official dinner. That's why there is something called take out. You don't have to eat there. Thai food is about the same price but in a serene environment. Good food is good food unless you wan form or out just to impress. \ 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by clog(m): 7:24pm On Sep 04, 2014 |
Whoever pays N200k to sleep for just a night is nt wise at all. 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by InvertedHammer: 7:26pm On Sep 04, 2014 |
t2luv1:/ Estate development usually starts with construction of access roads and streets so that potential and prospective buyers can drive in, look at the models and sign a contract. But in Nigeria, the reverse is the case Why complain? One csn decide to dive into the murky water of Nigeria business. What an easy way to make money?! You don't need to deliver quality. Churn out any crap and people are willing to pay just to belong/form. Minimal packaging required. No oversight. / 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by royalblood21: 7:27pm On Sep 04, 2014 |
sirjohnson: I dont believe thisCos u live in Osun... 2 Likes |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by 100Cents: 7:27pm On Sep 04, 2014 |
Naigerian: Simply put. Money has no value in Nigeria. You made a point. I was baffled to hear one guy her in naija has a house in U.S. but he still resides in a flat in a local city here in Nigeria. It wasn't heresay, its someone I do business with. Make we make things cheaper for ourselves and eschew greed and avarice.. 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by persius555(m): 7:29pm On Sep 04, 2014 |
Chai!!!!!!!!248,000 naira per night. I better not have nightmares if i spend a night in that room or else i will sue them or ask for refund. 2 Likes |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by 100Cents: 7:33pm On Sep 04, 2014 |
UchihaMadara: This looks like a N25,000 discounted room in Transcorp Metropolitan, calabar. Fine room with 4 neat towels and excess of amenities like soaps, mouth wash, cream and perfume... Not forgeting that it contains two beds... 2 Likes |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by Nobody: 7:37pm On Sep 04, 2014 |
InvertedHammer: A non sequitur. I don't form or impress and I just do me. We got here because it said that Chinese food is supposed to be cheap. Yes the slop at local joints are cheap but not from a sit down authentic place. 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by sirjohnson(m): 7:37pm On Sep 04, 2014 |
royalblood21: Nope, I live is Sambisa 2 Likes |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by manny4life(m): 7:42pm On Sep 04, 2014 |
InvertedHammer: I was about to say the same thing now, few times I was in a Thai restaurant in VA, man, I enjoyed it better than Chinese cuisine... The restaurant itself is perfect, and the food? Spicy and tasty 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by manny4life(m): 7:44pm On Sep 04, 2014 |
CityNG: What would you recommend is a good food? |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by Nobody: 8:04pm On Sep 04, 2014 |
manny4life: You mean a Chinese dish? I am averse to anything that has pork in it (not religious just a thing I have) so most dishes that have seafood are on the table. I like Shrimp with Black Beans Sauce, as an example but only 3 restaurants in SoCal know how to prepare it correctly, IMHO. Sometimes I drive for 30 miles to go to one of them. |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by bigtt76(f): 8:06pm On Sep 04, 2014 |
What do you expect ...hotels like every other Nigerian out there, generate their own electricity, provide their own source of potable water supply, provide their own security, pay tax, employ labour .....sometimes I wonder how they are able to cope perhaps through 'short-time' shaaaa 2 Likes |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by poweredcom(m): 8:07pm On Sep 04, 2014 |
Omo short rest na 700naira and full 24 hrs lodgin na 3500 na...abi I wan live for hotel forever omo I control my ashewo I collect room...nak banga 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by BodyKiss(m): 8:10pm On Sep 04, 2014 |
aholiab: GOD help us Wetin concern God for this matter? 2 Likes |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by harrysterol(m): 8:11pm On Sep 04, 2014 |
Okijajuju1: I agree..c sawa thank God una no brakeup o 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by Okijajuju1(m): 8:32pm On Sep 04, 2014 |
Yungwizzzy: shey The sleep for these expensive hotels dey different?? No jokes, e different. When you sef wake up, your body go tell you. 3 Likes |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by julibos: 8:50pm On Sep 04, 2014 |
Hmm, am an hotelier ,I believe I can identify a little with the high room rate .in as much as I’m in the business ,I’m not trying to totally justify the high rate, it could be a little lower but then check this analysis: I’m using a case study of an international brand of 220 bedded rooms You have a 220 room facilties,2 restaurant,gym,pool,3 guest elevators,2 staff service elevators,2 generator,3 meeting rooms, 500 seat hall. A whole lot would definitely go into the making of this place and staying presence in business for a long time, think of the standard you intend to have and the clientele you want to attract. If it’s international then you would definitely need to pour in more. Rooms: international standard It’s definitely not cheap to furnish 220 rooms, given you want to reproduce an international theme in these rooms. Most of the furniture are imported, now I love my country and it would be nice to patronize and buy things here but experience has taught one to make sure if you want quality (what would last and serve for years ,max 5yrs)you need to spend. The mattresses are all imported, we have bought some from the mattress makers here in Nigeria but I tell you there is no basis for comparison, the ones imported lasted for 5 years straight up, but the ones we bought here (the highest quality grade) just to change the imported ones that are now sunken did not hold up for 6months before they collapsed. Same goes with the quality of rugs and other soft furnishings in the room and bed linens. So you can imagine the amount this will gulp Food and beverage/kitchen operations: So much goes into this , the equipment to be used ,cooking equipments/machines, the crockery sets were all brought in, our own Nigeria brand does not match, we don’t even have ours in Nigeria, most of the cooking Bain marine, boilers, mixers e.t.c are not made here in Nigeria. They are imported; even when you go to our Nigerian Lagos market or other states, what you find is china. Don’t forget these are industrial machines meant to serve for 5years Laundry: You want to set up a laundry that wash and dry-clean something of high capacity, this also requires some strong industrial machines, can you mention a company in Nigeria making such machines-None except the domestic which some of us have tried at home and they dint last. Don’t want to mention names… Aesthetics /ambience, building. A lot would definitely go into this, to make it standard. Most times the building contractors are world class builders… Lift, generators, power; The hotel needs power and that we certainly lack right now in Nigeria. For most part of the day the hotel is powered by gen, you have guest from the world where everything is fast, now you want such people in your hotel, you definitely would to do all you can to keep them, the hotel needs power, we don’t want them stuck in lift, they need internet, fast connectivity, wifi… sometimes Nepa current is low, cant power much, and very unreliable able and diesel is not cheap at all. Hmmm. see where the money goes. Waste: We are charge heavily to dispose our waste…lawma must make money Staff and remunerations We have expatriate with wealth of experience and exposure to run the place. Most of them have families back at home, so they sacrifice and come stay here .the indigenes of the country Nigeria form a larger percentage of staff 80%(250 staff).they all get paid salary, medical coverage, pension ,nhf…. All does not come cheap. Nigeria really has more to do to make prices drop. If we had more professionals in the business that would run the hotel properly and not employ all their families to run down the place, we may not need 20% expat to come and be paid 1.5mil each per month, and who says hotels don’t pay well. That’s not true. Maybe very small hotels, or Lebanese and Indian run hotels. There are some good ones that pay. But personally if I want to do mine later in life, I may not necessarily choose 100% international theme setting. Having seen what obtains in the industry. I would mix it up and still have some classy style…….so price can be low, maybe before my dreams are actualized Nepa and other issues would have been stable, who knows…… once again this is not to justify the high rate. 4 Likes |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by ayubaazonto: 8:50pm On Sep 04, 2014 |
typical lie typical lie |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by experimentist: 9:26pm On Sep 04, 2014 |
Kagawa: According to a story on the guardian newspaper of last week, despite the high number of hotels in Lagos metropolis, it remains the city with highest charges on hotel accommodation in Africa. The Lagos state hotel licensing office cites that there are about 2,500 registered hotels in the state. Now the guardian newspaper’s research finds out that five star hotels with branches in other African countries like Johannesburg, South Africa, Kenya, Nairobi, Maputo, Zambia, Lusaka, Da es Salam, Tanzania, Mauritius, charge very much higher room rates in Lagos compared to their other African cities counterparts.Ho.. Wetin? Na on top roof sure pass o! 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by Nobody: 9:35pm On Sep 04, 2014 |
charony: Just being extravagant..... yea ooo... when i saw the title,iwas wondering whether na the small 5k and 10k hotels i normally lodge in till i read through... well,when you can afford it..its difficult not to spend . |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by BlackBaron: 9:35pm On Sep 04, 2014 |
100Cents: ...in fact, I might have been wrong. We do have the most expensive cement prices on the planet. Added to my first post. |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by wills(m): 9:48pm On Sep 04, 2014 |
lagos-hotels-2nd-most-expensive in the world https://www.nairaland.com/1022934/lagos-hotels-2nd-most-expensive One word, profiteering 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by piagetskinner(m): 9:56pm On Sep 04, 2014 |
Yungwizzzy: shey The sleep for these expensive hotels dey different??I tire oo |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by abartworld: 9:59pm On Sep 04, 2014 |
Naigerian: Simply put. Money has no value in Nigeria. wow 1 Like |
Re: Lagos City Hotel Rates Are The Most Expensive In Africa by Eyop: 10:02pm On Sep 04, 2014 |
piagetskinner: Level pass level my brother even though the prices are high,but Pray for God to bless you |
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