Hotel Business suffers setback in Lagos over Ebola
113 views · Published 3 September 2014 · 1:15 · Indexed 31 October 2026
Channel: TV360 Nigeria · 2014 · News & Politics
Now even Nigeria’s Ebola case is not so bad, the disease is beginning to take its toll on the economy. According to the CEO of Financial Derivatives Company Limited, Bismarck Rewane, The Ebola virus is now affecting hotel businesses in Nigeria, with hotel occupancy dropping by an average of 50 percent in Lagos. , Rewane said that within the Ikoyi area of Lagos, hotel occupancy had dropped from 65 per cent to about 30 per cent, while in Victoria Island, where hotel occupancy is higher, it had also fallen from about 70 per cent, down to about 20 per cent since the outbreak of the virus.
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