Hoteliers decry loss of N3.9bn to Synagogue crisis


Hoteliers in Ikotun area of Lagos State are currently bemoaning their loss due to low occupancy rate in most of the hotels.
According the hoteliers, since the Synagogue Church of All Nations accident and the consequent disagreement with the Lagos State government, the hotels have lost over N3.9 billion revenue.
Speaking to journalists, the hoteliers under the aegis of Pilgrims Hostels Association of Nigeria, said the total number of bed spaces of different categories for all the hotels in the Ikotun area stands at about 3500.
Before the accident, the hotels had 100 per cent occupancy rate in three days of every week due to the programmes in the church. The occupancy rates currently fluctuate between 10 per cent and zero all week long.
According to them, what this meant was that in these three days, instead of having their normal 3500 bed spaces sold, they could only boast of 350 rooms occupied.
Speaking further on the issue, one of the hoteliers, Chief Jerry Omoridion said, “We have been crying for a long time and the government does not seem to understand our plights. It is a serious issue for us because our means of sustenance is currently being wiped out. Before the unfortunate incident at the Synagogue Church of All Nations, cumulatively, we have a total of about 3500 hotel bed spaces. I am not adding some of these hotels there were in the process on coming on board but had to stop since the accident.
“The hotels have different categories of rooms, but for you people to understand the enormity of our lost, let me peg the room rates at just N5,000, that is the cheapest room rate in any decent hotel in Ikotun. Before the accident, we were having 100 per cent occupancy rate on at least three days in a week, this …Read More

Source:: Nigerian Pilot