IKEJAHOTEL
SERVICES NGXIKEJAHOTEL
closing price · trade date July 21, 2026
Key Trading Data
Latest imported Nigerian Exchange session data.
About IKEJAHOTEL
Ikeja Hotel PLC is a Nigeria-based hospitality company engaged in the establishment and operation of hotel facilities serving business and leisure customers. The company operates within the Services sector of the Nigerian Exchange.
Ikeja Hotel PLC was incorporated in 1972 under the name Properties Development Limited, before changing its name in 1980. The company was established to construct and manage international-class hotels in Nigeria. It later became a public limited liability company and was subsequently listed on the Nigerian Exchange.
The company's flagship property is the Sheraton Lagos Hotel, located in the Ikeja area of Lagos State. Through its subsidiaries and associate companies, Ikeja Hotel PLC has historically been associated with hospitality investments such as Tourist Company of Nigeria PLC, owner of Federal Palace Hotel & Casino.
Operating within the competitive services sector, the company serves business travelers, conference guests, and other hospitality customers. It is one of the long-established listed hospitality companies in Nigeria, focusing on providing lodging, dining, and conferencing services.
Fundamentals & Ratios
Company metrics where available.
Strategic Assets
Ikeja Hotel PLC maintains a hospitality presence in Lagos through its hotel assets and operations. The flagship Sheraton Lagos Hotel serves as a key hub for business travelers and corporate events in Ikeja. The company's portfolio approach historically extends to partnerships and equity stakes in other major national hospitality projects.
Sector Context
The Nigerian hospitality sector is highly correlated with corporate economic activity, international travel trends, and domestic tourism. Ikeja Hotel PLC operates within this space, facing competition from both international hotel chains and boutique local developments.