Company profile
Ikeja Hotel Plc
Ikeja Hotel Plc owns and operates a portfolio of hospitality assets, including luxury and business hotels, casinos, and leisure facilities. Its portfolio includes the Sheraton Lagos Hotel, Federal Palace Hotel & Casino, and associated real estate assets, which serve corporate travellers, government institutions, and leisure customers. The company is listed on the Nigerian Exchange Limited under the ticker “IKEJAHOTEL” and operates as a holding entity for its hotel subsidiaries. Ikeja Hotel Plc maintains its headquarters in Lagos, Nigeria, and operates primarily in the Nigerian hospitality market.
- Sector
- Consumer / Hotels
- Markets
- Nigeria
- Founded
- 1972
- Ownership
- Public
- Stage
- Corporate
- Capital raised
- $9.6m
- Employees
- 500+
- Business model
- B2B, B2C Transactional, Rental/Leasing
Products and services
Sheraton Lagos Hotel, Federal Palace Hotel & Casino, Hospitality Property Leasing & Casino Operations
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 2 Jul 2026 | Honeywell Group acquires 14.12% stake in Ikeja Hotel Plc for NGN 13.2 billion | Corporate Transactions | $9.6m | Nigeria |
Source: Partner Researchers.