South-West Nigeria’s inflation soars, yet luxury hotels like Amor Hotel thrive in 2025
Inflation rates in South-West Nigeria's states have surged in August 2025, with Ekiti leading at 28.2%, followed by Oyo at 26.6%, Ogun at 24.3%, and Osun at 22.1%. Meanwhile, Lagos recorded the lowest rate at 14.7%. Despite this, the region remains attractive for hospitality sector investments, with notable projects like the Amor Hotel in Ado-Ekiti.
The Amor Hotel, part of the Amor Hotel Group, operates under Orange Skyline Hospitality Limited, a collaboration between Grand Towers Limited and Cilantro Global Services Limited. Led by Radjendran Tirounavoucarassou (Chairman and MD of Cilantro Global Services) and Kamal Puri (Founder and Chairman of Skyline International Group), the group ensures high operational standards across its four properties in Nigeria.
The Amor Hotel in Ado-Ekiti offers accommodation ranging from N55,000 for a Classic King Room to N400,000 per night for the Presidential Suite. Despite growing supply and inflationary pressures, certain hotels in the South-West stand out for their strong performance, distinguished by guest ratings, room capacity, cost per night, and proximity to key landmarks. Nigeria ranks among the top countries in Africa for hotel development, with 48 new projects and over 7,300 rooms slated for completion in 2025.
While inflation rates in South-West Nigeria's states remain high, the region continues to attract significant investment in the hospitality sector. The Amor Hotel Group, with its high operational standards and quality service delivery, is a notable player in this growing market, offering a range of accommodation options to suit different budgets.
