Mount Nelson
Cape Town, South Africa
Lagos, Nigeria. Located in landscaped grounds on the south side of Victoria Island, with sea-view rooms overlooking the harbour.
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8 dates, written by Grand Hotels of the World from the sources below.
Built by the A. G. Leventis Group to house dignitaries attending Nigeria’s independence celebrations.
Nigeria’s independence declaration is signed in its main boardroom; the official celebrations take place in its Independence Hall.
The Nigerian government acquires the hotel, which passes through several managers and falls into disrepair.
Independence Hall hosts the summit of the Organisation of African Unity and the FESTAC arts festival.
The government sells the hotel for $50 million to the Ibru family, outbidding Daewoo.
Sun International buys a 49% stake and takes over operations; the hotel relaunches in 2008.
Amid disputes within the Ibru family, Sun announces plans to sell its stake.
Sun sells 43% of its stake to an entity linked to the family of Alex Ibru.
Sources: Wikipedia (EN), “Federal Palace Hotel” (CC BY-SA 4.0) · Business Traveller, “Hotel check: The Federal Palace, Lagos” (2011) · AMI Magazine venue listing, “Federal Palace Hotel”. Text rewritten and translated by Grand Hotels of the World.
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