Located in the heart of Benin City - the capital city of Edo State, one of the 36 states in Nigeria - the hotel is situated within a five-minute drive to the airport and no more than 10 minutes from the government and business district.
Through the first half of 2016, the GCC hotel industry reported a 10.3% year-over-year decrease in the key hotel performance indicator, revenue per available room (RevPAR). According to Statista, the average price of OPEC crude oil in 2016 is down 27.0% (to US$36.13) from the average price per barrel in 2015.
Compared with July 2015, the Middle East recorded a 4.8% rise in occupancy to 58.0%. However, average daily rate (ADR) was down 15.9% to US$161.82, and revenue per available room (RevPAR) fell 11.9% to US$93.88.
Among the countries in the Middle East and Africa, Saudi Arabia reported the most rooms In Construction with 35,611 rooms in 79 hotels. United Arab Emirates followed with 28,082 rooms in 97 hotels.