Premier hotel Ibadan shuts down, pay off staff

Premier hotel Ibadan shuts down, pay off staff

Premier hotel, one of the edifices built during the defunct Western Region government, has been shut down. The hotel owned by Western

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The hotel owned by Western Hotels Limited, a subsidiary of Odu’a Investment Company Limited, was established by the defunct Western Region government.

Confirming the development, the Group Managing Director of Odu’a Investment Company Limited, Adewale Raji, said that the management of the hotel was conscious of the safety of the workers. workers, hence, they had to be paid off.

He, however, debunked reports that the hotel has been sold.

Raji said, “In line with our plans to make our hotels world-class, we are renovating Premier Hotel and upgrading its facilities to make it a five-star hotel, in collaboration with a global brand chosen by the board with the help of KPMG and approval of the shareholders.

“We want to increase the number of rooms we have and increase the capacity of the halls. We are conscious of health and safety of the people, so we had to disengage the employees. We had to pay all of them off.”