TRANSCORP Hilton has announced the commencement of a major renovation that will upgrade the five- Star Transcorp Hilton Abuja guest experience in every aspect. “The upgrade is the first of its kind in the 30-year history of the hotel and it underpins our commitment to delivering an experience that cannot be duplicated by any other hotel. The Transcorp Hilton hotel set the gold standard decades ago and will continue to set high standards for others to follow” said Valentine Ozigbo, Managing Director/CEO Transcorp Hotels Plc, the owners of Transcorp Hilton Abuja and a subsidiary of Transcorp Plc. When the renovation is completed, the iconic Transcorp Hilton Abuja will offer guests a brand new and ultramodern furnishing concept to rival other five- star hotels worldwide. All 670 guest rooms and suites have been redesigned by award-winning Swedish interior design company, Living Design, who has added an extra touch of luxury to the exquisite finish and furnishing. The complete renovation, when finalised, will include refurbishing of the Executive Lounge, elevators and
richest woman, Folorunsho Alakija, who – according to Forbes – is worth 1.73 billion dollars. Global markets erased another 69.2 billion dollars from the combined net worth of the world’s 400 richest people on the first trading day of the week after the Brexit vote, bringing total loss to 196.2 billion dollars in 48 hours. The pain on Monday was felt most by Europe’s wealthiest, as 92 billionaires lost 29.4
Market breadth closed negative as NEM led 21gainers against 24losers topped by Transcorp at the end of yesterday’s session- an unimproved performance when compared with previous outlook. Market turnover closes positive as volume moved up by 12.06% against 19.78% positive recorded in the previous
elevator lobbies, meeting rooms, Congress Hall and the hotel lobby. The spa and restaurants will also be upgraded to reflect the standards of the modern traveller with high expectations. The hotel will remain open during the renovation. Disruptions will be minimal, as no more than three floors will be closed at any given time. Selected services and facilities are to be relocated in order to ensure guest comfort and satisfaction, as the hotel remains operational and committed to exceeding expectations during the improvement period. Transcorp Hilton assures all guests that customer satisfaction is of utmost importance. “We are excited to unveil the on-going renovations to our guests and community as another stride towards maintaining our position as one of Africa’s leading hotels,” said Etienne Gailliez, General Manager. The full renovation will be completed in 18 months. In addition to the upgrade of Transcorp Hilton, Transcorp Hotels Plc has also embarked on two major hotel projects, Transcorp Hilton Ikoyi Lagos and Transcorp Hilton Port Harcourt to extend its luxury accommodation and conferencing facilities to guests beyond Abuja and Calabar. A major multi-purpose conferencing facility with a seating capacity of 5,000 is also being developed in Abuja to help transform the capital city to a major conference hub in Africa. Finally, as part of the expansion in Transcorp Hilton Abuja, Transcorp Hotels Plc intends to develop a 200-unit luxury apartment that will rival the best of residential experiences anywhere in the world.

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