Kampala (Uganda) and Lagos (Nigeria) were some of the African cities with the highest construction costs for hotel buildings in 2023. An average 5-star luxury hotel in Lagos cost approximately 905,700 U.S. dollars per key to construct. In 2021, Nigeria and Ghana were some of the African countries with the highest number of infrastructure and capital projects.
Hotel building costs in African cities as of July 2023, by building type
(in 1,000 U.S. dollars per key)
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AECOM. (September 1, 2023). Hotel building costs in African cities as of July 2023, by building type (in 1,000 U.S. dollars per key) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/756757/hotel-building-costs-in-african-cities-by-building/
AECOM. "Hotel building costs in African cities as of July 2023, by building type (in 1,000 U.S. dollars per key)." Chart. September 1, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/756757/hotel-building-costs-in-african-cities-by-building/
AECOM. (2023). Hotel building costs in African cities as of July 2023, by building type (in 1,000 U.S. dollars per key). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/756757/hotel-building-costs-in-african-cities-by-building/
AECOM. "Hotel Building Costs in African Cities as of July 2023, by Building Type (in 1,000 U.S. Dollars per Key)." Statista, Statista Inc., 1 Sep 2023, https://www.statista.com/statistics/756757/hotel-building-costs-in-african-cities-by-building/
AECOM, Hotel building costs in African cities as of July 2023, by building type (in 1,000 U.S. dollars per key) Statista, https://www.statista.com/statistics/756757/hotel-building-costs-in-african-cities-by-building/ (last visited November 23, 2024)
Hotel building costs in African cities as of July 2023, by building type (in 1,000 U.S. dollars per key) [Graph], AECOM, September 1, 2023. [Online]. Available: https://www.statista.com/statistics/756757/hotel-building-costs-in-african-cities-by-building/
