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Home The business traveller & hospitality

Curio Collection by Hilton signs Koko Beach Resort in Nigeria hospitality deal

by Admin
January 21, 2026
in The business traveller & hospitality

 

By Business A.M.

 

Lagos, Nigeria based hospitality resort, Koko Beach Resort, has been signed onto a branding and management deal by Hilton, the global hotel chain.

The signing, done between Hilton and Outposts Investment Limited, owners of Koko Beach Resort, took place in Nairobi during the African Hospitality Investment Forum (AHIF), and it marks the dawn of the first internationally branded resort on Nigeria’s pristine Atlantic coastline.

Richie Shittu, founder of Koko Beach Hotel & Resorts, the 60-room luxury Koko Beach Resort, located on the pristine Ibeshe/Ikaare beach in Lagos, is poised to open its doors in 2025.

Patrick Fitzgibbon of Hilton and Richie Shittu of Koko Beach Hotels & Resorts, signed the agreement on behalf of their respective firms.

Curio Collection by Hilton signs Koko Beach Resort in Nigeria hospitality deal

“We are delighted to partner with Outposts Investment Limited on this remarkable project as we continue to expand Hilton’s portfolio of world-class brands throughout Africa. Koko Beach Resort Lagos represents Hilton’s third Curio Collection property in Africa, joining the already operating Legend Hotel Lagos Airport, Curio Collection by Hilton, and the soon-to-open Kwetu Nairobi, Curio Collection by Hilton. We look forward to welcoming guests to an authentic hospitality experience backed by Hilton’s globally recognized service at this outstanding property,” Carlos Khneisser, vice president of development, Middle East & Africa, Hilton, said in remarks at the signing.

Richie Shittu, chief executive of Outposts Investment Limited and owner of Koko Beach Resort Lagos, Curio Collection by Hilton, said: “Our collaboration with Hilton, a brand with over a century of hospitality expertise, will provide an unforgettable beachfront experience for our guests at this unique destination. We are incredibly proud to be partnering with Hilton – a renowned global hotel chain.” 

He acknowledged the role played by the Lagos State government in ensuring the smooth implementation of the project thus far: “We extend our heartfelt gratitude to Governor Babajide Sanwo-Olu, governor of Lagos State without whose support and guidance, this monumental project would not be possible.”

The signing of the agreement will position Koko Beach Resort Lagos, Curio Collection by Hilton, as a beacon of Nigerian tourism, bringing a curated and authentic hospitality experience to the shores of Nigeria. Koko Beach offers an unparalleled hospitality experience with stunning sea views, suites, three-to-four-bedroom private villas, diverse dining options via three restaurants, and an array of world-class recreational amenities as well as access to the resort’s private beach. 

Curio Collection by Hilton signs Koko Beach Resort in Nigeria hospitality deal

Other amenities offered include horse stables with a 630-metre coastline, a cinema, a sports complex, a meeting room, and a ballroom accommodating up to 750 guests.

With Lagos State waiting in anticipation, this resort underlines a promising future for Nigerian tourism. Hilton currently operates two hotels in Nigeria and 43 hotels in Africa, with another 65 in the pipeline, including Kwetu Nairobi, Curio Collection by Hilton, Hilton Kinshasa, and Waldorf Astoria Platte Island. 

Koko Beach Resort Lagos, Curio Collection by Hilton will also be a part of Hilton’s award-winning guest loyalty programme, Hilton Honors, where members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount, and free standard Wi-Fi.

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Please construct a Business A.M. frontpage business journalism story from this “The growing use of services across all sectors means they should also be viewed as critical for goods exports, a report from the United Nation’s trade and development arm has said. The UN Conference on Trade and Development (UNCTAD) found that industries across the board are increasingly embedding services in their products, even if they traditionally export physical goods. Business models are also changing, as firms look to “bundle services with their products” or move to sell services for goods, such as maintenance contracts. Services increased their overall share of global exports by four percentage points to 27% between 2015 and 2025. Over the past decade, services exports have also grown faster than goods exports, rising by around 6.7% each year. In 2025, services exports increased by 8.3%. This has been driven in part by digitally deliverable services, which UNCTAD said is “the fastest-growing segment of global trade”. These include services that can be “delivered remotely over computer networks”, such as financial and insurance services. The role played by intangible economic activities means that they now “should be viewed not only as a sector in their own right but also as critical inputs into the production and export of goods”, UNCTAD said. “The quality, cost and availability of services directly affect competitiveness and participation in global value chains across all sectors.” Yet developing economies have not benefitted equally, with services exports for these countries growing by just 3% annually. The report said that “poor connectivity, costly cross-border payments and skills gaps”, as well as a lack of data to assess the impact of services within trade overall, are all barriers facing developing economies. Developing economies have a far lower share of digitally deliverable services, accounting for just 16% of total services exports compared to developed economies, which have a share of 61% in 2024. This is due not only to weaker connectivity, but also “diverging export structures”, as developing countries rely on “traditional services such as transport and travel,” rather than digital services, the report said. AI may also widen the divide between countries, it added, with less than a third of developing countries having so far adopted national AI strategies. UNCTAD also noted that multilateral rules have not kept up with digital trade, and regional and bilateral agreements have led to greater regulatory complexity. “Developing countries need better data, stronger digital infrastructure and greater capacity to shape emerging rules,” it said. “Realising the development potential of services trade will require action on three fronts: better data, stronger digital foundations, and more inclusive international co-operation.” Participants in a recent GTR roundtable held in Singapore discussed why services trade may be the market’s next major opportunity. One banker described services trade as “one area that’s really growing, and one area that most banks are underestimating the potential for business”. Earlier this year, UNCTAD found that merchandise trade growth is expected to fall by as many as 3.2 percentage points in 2026 compared to last year. This was down to trade uncertainty and geopolitical tensions weighing on supply chains, shipping and investment decisions, researchers said.

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Developing economies risk missing global services boom, UNCTAD warns

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Please construct a Business A.M. frontpage business journalism story from this “The growing use of services across all sectors means they should also be viewed as critical for goods exports, a report from the United Nation’s trade and development arm has said. The UN Conference on Trade and Development (UNCTAD) found that industries across the board are increasingly embedding services in their products, even if they traditionally export physical goods. Business models are also changing, as firms look to “bundle services with their products” or move to sell services for goods, such as maintenance contracts. Services increased their overall share of global exports by four percentage points to 27% between 2015 and 2025. Over the past decade, services exports have also grown faster than goods exports, rising by around 6.7% each year. In 2025, services exports increased by 8.3%. This has been driven in part by digitally deliverable services, which UNCTAD said is “the fastest-growing segment of global trade”. These include services that can be “delivered remotely over computer networks”, such as financial and insurance services. The role played by intangible economic activities means that they now “should be viewed not only as a sector in their own right but also as critical inputs into the production and export of goods”, UNCTAD said. “The quality, cost and availability of services directly affect competitiveness and participation in global value chains across all sectors.” Yet developing economies have not benefitted equally, with services exports for these countries growing by just 3% annually. The report said that “poor connectivity, costly cross-border payments and skills gaps”, as well as a lack of data to assess the impact of services within trade overall, are all barriers facing developing economies. Developing economies have a far lower share of digitally deliverable services, accounting for just 16% of total services exports compared to developed economies, which have a share of 61% in 2024. This is due not only to weaker connectivity, but also “diverging export structures”, as developing countries rely on “traditional services such as transport and travel,” rather than digital services, the report said. AI may also widen the divide between countries, it added, with less than a third of developing countries having so far adopted national AI strategies. UNCTAD also noted that multilateral rules have not kept up with digital trade, and regional and bilateral agreements have led to greater regulatory complexity. “Developing countries need better data, stronger digital infrastructure and greater capacity to shape emerging rules,” it said. “Realising the development potential of services trade will require action on three fronts: better data, stronger digital foundations, and more inclusive international co-operation.” Participants in a recent GTR roundtable held in Singapore discussed why services trade may be the market’s next major opportunity. One banker described services trade as “one area that’s really growing, and one area that most banks are underestimating the potential for business”. Earlier this year, UNCTAD found that merchandise trade growth is expected to fall by as many as 3.2 percentage points in 2026 compared to last year. This was down to trade uncertainty and geopolitical tensions weighing on supply chains, shipping and investment decisions, researchers said.

Africa’s trade ambition runs faster than systems built to support it

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