InterContinental exits Nigeria after fallout with partners
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Lagos, Nigeria
INTERCONTINENTAL Hotels Group is withdrawing from Nigeria four years after it opened its first site in Africa's most populous country following a disagreement with local partners over the terms of how to bring the property out of receivership.
The UK company's 358-room hotel in Lagos, Nigeria's commercial capital, will no longer operate as an InterContinental-branded property from Jan 18, said Simon Stamper, IHG's director of African operations.
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