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)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 05, 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 05, 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 05, 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 05, 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/