Accor and Shoreline Group have signed a Letter of Intent to establish Nigeria’s first national hotel platform. The signing took place during the Africa Forward Summit 2026, hosted jointly by Kenya and France in Nairobi.
The agreement calls for a $USD300 million investment from Shoreline to develop 10 hotels across eight Nigerian cities, totaling more than 1,200 rooms by 2030. Properties will span midscale to luxury segments. The partnership also includes a hospitality training academy and is expected to create approximately 1,000 direct jobs.
“We are thrilled to partner with Shoreline Group to unlock the immense potential of Nigeria’s hospitality sector. This partnership is a testament to our belief in Nigeria’s dynamic future,” said Sébastien Bazin, chairman and CEO of Accor. “By combining Shoreline’s profound understanding of the local market with Accor’s global expertise and diverse brand portfolio, we are poised to create an unparalleled hospitality offering that will set new benchmarks for quality and service. Crucially, the establishment of the Accor Academy is integral to this vision, enabling us to deliver immediate talent development for the Shoreline hotel portfolio, demonstrate our long-term commitment to Nigeria through dedicated training facilities, and solidify Accor’s position as the employer and educator of choice in West Africa.”
“This partnership is central to Shoreline’s strategy of building institutional-quality infrastructure platforms across Africa, said Kola Karim, chairman of Shoreline Group. “We anticipate hospitality infrastructure becoming increasingly vital for capital movement and development, particularly in Nigeria, where high-quality room supply is underserved. Our choice to partner with Accor highlights our focus on operational excellence and long-term value. The hospitality academy is crucial, alongside physical hotels, for developing local talent to sustain international standards. It will support our portfolio and enhance Nigeria’s hospitality workforce. This investment aligns with Shoreline’s broader focus on strategic assets in energy, infrastructure, and industrial development. We view hospitality as a natural extension: real infrastructure supporting economic activity, local capability, and national growth.”