Hospitality group Accor has signed a letter of intent (LOI) with energy and infrastructure investment group Shoreline for establishing Nigeria’s first national hotel platform.
Announced at the Africa Forward Summit 2026 in Nairobi, the agreement outlines plans to create a hotel network across the country.
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The initiative will involve ten hotels in eight cities, bringing more than 1,200 rooms to the market by 2030.
Shoreline intends to invest $300m in the project, and Accor will provide access to its portfolio of international brands as well as operational expertise.
The partnership will introduce hotels spanning midscale to luxury segments, aiming to address the needs of a wide range of visitors to Nigeria.
In addition to building hotels, the initiative includes a plan to open a hospitality training academy, which aims to provide job opportunities and industry development for the local workforce.
The project is expected to generate nearly 1,000 direct jobs.
Accor chairman and CEO Sébastien Bazin said: “By combining Shoreline’s deep understanding of the local market with Accor’s global expertise and diverse brand portfolio, we are poised to create an unparalleled hospitality offering that will set new benchmarks for quality and service.
“Crucially, the establishment of the Accor Academy is integral to this vision, enabling us to deliver immediate talent development for the Shoreline hotel portfolio, demonstrate our long-term commitment to Nigeria through dedicated training facilities, and solidify Accor’s position as the employer and educator of choice in West Africa.”
Shoreline chairman Kola Karim said: “The hospitality academy is crucial, alongside physical hotels, for developing local talent to sustain international standards. It will support our portfolio and enhance Nigeria’s hospitality workforce.”
In Nigeria, Accor runs four hotels and has five additional properties under development.
Last month, Accor India and InterGlobe Hotels, together with Ennismore, signed an agreement to launch The Hoxton, Bengaluru City. Marking the brand’s debut in India, the hotel is set to open in November 2026.
