Nigeria’s luxury hospitality market is growing steadily and quietly with strong investor confidence, regional business travel, and a growing appetite for premium experiences among Africa’s elite.
Despite a drop in overall ranking, Nigeria is now second on the 2024 Hotel Development Index with 7,622 rooms across 50 new hotel projects.
This is driven by the aggressive growth strategies of international brands like Marriott International, Hilton, Radisson Hotel Group, and Leva Hotels, with Lagos leading development and Abuja trailing in project execution.
Lagos, Nigeria’s economic capital and most populous city, remains the hotel investment hub, attracting global chains and local entrepreneurs. Its strategic location, international airport, and corporate presence have made it a magnet for luxury hotel development, particularly in Victoria Island, Ikoyi, and Ikeja. Abuja, the political capital, is stalled in pipeline projects, many of which are still in pre-planning stages.
Against this backdrop, many Nigerian business moguls, foreign investors, and regional conglomerates are behind some of the country’s most expensive hotels.
Here’s a listing in no particular order of fifteen owners redefining Nigeria’s luxury hospitality in 2025.
- Room cost/night: N215,000-N1.08million
Nordic Hotel Abuja is a stylish, Scandinavian-inspired luxury hotel located in Nigeria’s capital and Lagos. It is owned by a group of partners, including Nwaya Chukwuemeka Collins, Anders Mogensen, Christian Schwarz Lausten, and Jonas Schwarz Lausten.
Jonas Schwarz Lausten, who is the current CEO of Nordic Hotels Nigeria, brings over a decade of experience in business development, project management, and hospitality leadership in emerging markets. Passionate about culture and storytelling, Lausten also created Studio Visits Nigeria, a podcast-turned-book highlighting the lives of contemporary Nigerian artists.
He, alongside the group, launched the first Nordic Hotels property in Nigeria in 2011, introducing a minimalist yet elegant hospitality concept that blends Nordic design with warm African hospitality.
Nordic Hotel Abuja is part of the growing Nordic Hotels Group, which also owns and operates Nordic Villa, a boutique lodging option also located in Abuja. The hotel has built a solid reputation for its tranquil atmosphere, exceptional service, and modern amenities tailored for business and leisure travelers alike.
With room rates ranging from N215,000 to N1.08 million per night, Nordic Hotel Abuja caters to a wide range of guests from executives seeking privacy to luxury travelers looking for comfort and exclusivity.,
Now I know the owner of Bon Hotels and locations it extends. The price per night is actually for exquisite Business men. Wonderful piece very insightful
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