Published On: Thu, May 21st, 2015

Hotel Presidential, ‘Pride of the East’ comes alive …

… as Enugu, EHSL signs N4 billion concession deal

There is a glimmer of hope for the restoration of the old glory of Presidential Hotel in Enugu, this is just as the out-going governor of Enugu State, Sullivan Chime, has approved N4 billion concessioning agreement with E-Hospitality Services Limited (EHSL) to develop the hotel into a world class hotel in the coal city.
The deal with EHSL, according to the state government is to facilitate measures required in the redevelopment of the hotel. The firm was also offered the opportunity to manage the hotel under an international hotel brand name.
The hotel which was once the pride of eastern Nigeria, Hallmark gathered was one of the first iconic buildings built in post-independence as part of the Eastern government’s industrialization plan created under the late Dr. Mike Okpara.  With a unique offering of recreational and lifestyle elements, the hotel later metamorphosis into a choice destination for locals and foreign visitors.
It sits on prime land within the Independence Layout Enugu and is approximately 15 minutes by car from the Enugu International airport.
According to Mr. Ikechi Uko, Chairman Jedidah Promotion, at the time the hotel was opened to the public, it used to be the most expensive hotel in the entire South-east. He added that the hotel offered 100 rooms on 4 floors with recreational facilities such as swimming pools, tennis courts and a night club considered best in class.
He further noted that most people who spent their growing-up days in Enugu and other eastern states had fond memories of Sunday lunch in the Hotel’s restaurant as well as attending functions in the grand ball room.
He revealed that these memories however quickly fade once the reality of the hotel’s current state of disrepair was revealed. Military administration that had ruled that state, contributed to the rots and disrepair.  This culminated in a complete rundown of the Hotel and subsequent closure of the once iconic facility.
In the concession, EHSL is expected to undertake the project through a special purpose company – Primeview Hotels Limited. It was also revealed that there are plans to engage renown hotel management company to operate the hotel post renovation.
According to the company, following extensive research it conducted in the South-eastern part of the country, it discovered that the region lacked international standard hospitality services that are capable of attracting international tourists.
The company said, ”Given the strong demand for quality hotel, leisure and conferencing facilities in the region EHSL aims to breach this supply gap by providing what would be undoubtedly the premier business and leisure facility in the South-East zone when completed.
It also expects that with the growing Foreign Direct Investment-FDI, flowing into the zone and the commencement of direct international flights into Enugu airport and significant foreign traveler traffic, the hotel after fully renovated will  become the destination of choice for tourists.
Enugu is strategically located, being approximately an hour’s drive from the state capitals of Anambra, Abia, Imo and Ebonyi and about ninety minutes from Port Harcourt. The Hotel when completed will play a key role in facilitating business and socio-economic activities across the South-East and South-South zones.
Meanwhile, Primeview Hotels Limited has since taken possession of the facility and concluded preliminary surveys and assessments including a structural integrity test carried out by Sanni Ojo and Partners, a leading firm of structural engineers. The results of the tests have been positive.
EHSL however has assembled a team of world class design and engineering consultants and produced a redevelopment concept.
The company further revealed that the proposed redevelopment concept involves reconfiguring and modernising the existing hotel facilities such as Restaurants, Conferencing facility, Outdoor swimming pool, 4 tennis courts and increasing the stock of rooms from 100 to 150 rooms.
It said, ”In addition a Family leisure center will be incorporated and the number of restaurants and other elements increased in line with the requirements of the preferred hotel manager. It is expected that the main contract for the redevelopment will be awarded in Q4 2015 and the Hotel ready to be opened by Q2 2017.’’

 

© 2015, Hallmarknews. All rights reserved. Reference and link to this site is required if you wish to reuse any article.

Reactions from Facebook

comments and opinions

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Most Shared

Recent posts

  • Modric defeats Ronaldo, Salah to emerge FIFA’s Footballer of the Year 2018

    Real Madrid and Croatia midfielder Luka Modric has been named the Best Men’s Player at The Best FIFA Football Awards on Monday evening, fighting off competition from fellow nominees Cristiano Ronaldo and Mohamed Salah. The award caps off an incredible year for Modric, who won his fourth Champions League title with Real Madrid in May, […]

  • Nigerian bond market witnesses low demand

    A slowdown in client demand characterizes the bond market on Monday, unlike sentiments witnessed for the most part of last week. This is on the back of expected renewed supply at the bond auction on Wednesday, where the Debt Management Office (DMO) would raise a total of N90billion from the 2023, 2025 and 2028 maturities. […]

  • Oil price climbs to four-year high as Saudi, Russia turn Trump down

    Oil prices have hit a four-year high of over $81 a barrel after Saudi Arabia and Russia rejected calls by Donald Trump to increase production. Brent crude hit its highest level since November 2014 at $81.16 a barrel, up 3 per cent on the day. Saudi Arabia led the c oil cartel, while Russia is […]

  • Buhari releases N22bn to Nigerian Airways retirees

    The Federal Government has released N22.68 billion to settle part of the retirement benefits of former workers of the defunct Nigeria Airways. The government has also approved the release of N20 billion to revitalise public universities in line with demands of the Academic Staff of Universities (ASUU). Minister of Finance, Zainab Ahmed, made the disclosure […]

  • MPC set for another policy freeze

    By FELIX OLOYEDE Despite the outcry for lower domestic interest rates, the Monetary Policy Committee (MPC) is expected to leave the Monetary Policy Rate (MPR) at 14 per cent as it responds to inflation jitters ahead of the 2019 general elections, say economists. The MPC meeting schedule to hold today, Monday 24th 2018 and Tuesday […]

  • Ambode fights for his political life

    By OBINNA EZUGWU It is no longer news; the political love affair in Lagos state is in trouble. For the first time since 1999, a sitting governor is facing a real challenge from his own party for the ticket. The indignity can only be imagined and its implications continue to reverberate across the state and […]

  • Adeosun: Betrayed by a dysfunctional system (Editorial)

    A fortnight ago, former Finance Minister Mrs. Kemi Adeosun, resigned her position following the report of an investigative panel into allegations of NYSC certificate forgery against her. The allegation had been earlier made by an online newspaper, Premium Times, and the nation was agog with speculations about it. Her resignation has been interpreted by most […]

  • High cost of Nomination Forms: A conspiracy against the youths

    From PETER OKORE, Umuahia Amidst the mixed feelings trailing the high cost of Nomination Forms for interested candidates to participate in the 2019 general elections, there is growing consensus for the electorate should go for credible candidates rather than political parties in order to achieve desired results. This is because since some political parties in the […]

  • Govt bottlenecks still inhibiting agric business– Farmfields CEO

    Mr. Zanau Hassan Maikasuwa is the CEO of Farmfields Agro-allied Services, an agro-allied consulting and supply firm located in Jalingo, Taraba State. He is an ardent agricultural expert and a strong believer of improving agricultural methods for an improved and more rewarding agricultural sector in Nigeria. In this interview with BLESSING PETER, he assessed the […]

  • China and Nigeria’s debt burden

    By AYOOLA OLAOLUWA Experts have raised the alarm over the continued foray of Chinese businesses and massive funds into Nigeria, saying it portend danger for the country. They argued that the nation risk falling into debt trap, joblessness, among other costs, as is being experienced by several Africans countries. Available data indicate that apart from the […]

  • New Banks fight for survival 

    By OKEY ONYENWEAKU A clutch of new financial institutions are beginning to slowly appear on Nigeria’s banking scene as the once fragile economy wriggles out of a recession that held sway between the middle of 2015 and the second quarter of 2017. The renewed institutional confidence in the economy (which has grown more recently at […]

  • Gov poll: Stalemate in Osun as APC, PDP live to fight another day

    The Independent National Electoral Commission on Sunday declared the Osun State governorship election inconclusive. The candidate of the Peoples Democratic Party, Ademola Adeleke, had polled 254,698 votes against that of the All Progressives Congress, Gboyega Oyetola, who polled 254,345 votes. However, due to irregularities which marred the election at some polling units in Ife North, […]

  • Ambode fights for his political life

    By OBINNA EZUGWU It is no longer news; the political love affair in Lagos state is in trouble. For the first time since 1999, a sitting governor is facing a real challenge from his own party for the ticket. The indignity can only be imagined and its implications continue to reverberate across the state and […]

  • Business Hallmark Cover Page for this week

    © 2018, Hallmarknews. All rights reserved. Reference and link to this site is required if you wish to reuse any article. Reactions from Facebook comments and opinions

  • Customers fret over Skye Bank’s demise

    By Okey Onyenweaku There was subdued anxiety within the finance circles throughout the weekend over the collapse of Skye Bank plc. The sudden demise of the stricken lender, caught many industry stakeholders napping. However, usually reliable sources confirmed to Business Hallmark that the move had long been anticipated and was carefully managed to protect depositors […]

  • Cover

    © 2018, Hallmarknews. All rights reserved. Reference and link to this site is required if you wish to reuse any article. Reactions from Facebook comments and opinions