Tinapa Hotel Generates N99m in One Month

In Breaking News, Business & Economy, Entertainment and Lifestyle, National News, Reports

by crossriverwatch admin

Tinapa Resort, Calabar
Tinapa Resort, Calabar

The multi-billion Naira Tinapa Business and Leisure Resort located in Calabar, the Cross River State Capital has started yielding results if the proceeds coming from its Lake-side hotel can be replicated in other units of the resort.

In May 2013 alone, the hotel generated ninety nine million Naira (N99m), to the coffers of the resort CrossRiverWatch can authoritatively report.

Governor Imoke recently revealed this during the just concluded, Ministries, Departments and Agencies, MDAs retreat held at the Tinapa resort while justifying the conversion of the resort warehouse to a make-shift conference hall in ongoing efforts to “make the hotel work”.

He said “Do you know that in May 2013 alone, Lake side Hotel in Tinapa here generated Ninety-Nine (N99m) Million Naira?”

“That is why we are building the International Convention Center on the other side to complement Tinapa”.

The Lake side hotel has in recent times become a choice accommodation for both corporate organizations and private individuals who come for conferencing and leisure in Calabar due to its serene environment.

The hotel which was formally managed by Amber from Zimbabwe was taken over by Lake Side hotels and hospitality management sometimes in 2010.

The takeover by this new management caused the managers of Tinapa resort led by its Managing Director, Architect Bassey Ndem to convert the hotel warehouse to a make shift conference hall which has now turned the hotel to a choice destination for both corporate organizations and government agencies.

Tinapa is a business and leisure resort developed in four phases under a Private Public Partnership (PPP) promoted by the Government of Cross River State. The resort is located by the Calabar River, contiguous with the Calabar Free Trade Zone.

follow us on twitter @crossriverwatch

Since You Are Here, Support Good Journalism

CrossRiverWatch was founded on the ideals of deploying tech tools to report in an ethical manner, news, views and analysis with a narrative that ensures transparency in governance, a good society and an accountable democracy.

Everyone appreciates good journalism but it costs a lot of money. Nonetheless, it cannot be sacrificed on the altar of news commercialisation.

Consider making a modest contribution to support CrossRiverWatch's journalism of credibility and integrity in order to ensure that all have continuous free access to our noble endeavor.


New Feature: Don't miss any of our news again.Get all our articles in your facebook chat box.Click the Facebook Messenger Icon below to subscribe now

Text Advert by CRWatch :Place Yours

Will You To Learn How To Make Millions Of Naira Making Special Creams From Your Kitchen?.Click Here

Expose Your Business And Make More Sales. Advertise On CrossRiverWatch.com Today

You may also read!

#Calabar: ACROJ Condemns Arson, Pledges Media Support In Restoring Calm

By Patrick Obia Association of Cross River Online Journalists (ACROJ) has condemned in totality Friday and Saturday’s mass looting


#EndSARS: CPJ Calls For Investigation Into Attacks On Journalists And Media Houses During Protests

By Jonathan Ugbal Nigerian authorities should conduct a swift and transparent investigation into recent attacks on journalists and media


#Eid-El-Maulud: Ayade Sues For Prayers, Forgiveness As Curfew Bites Hard On Muslims

By Maxwell Effiong and Kelvin Ololo Muslims in Cross River State say the curfew currently in place will impact


One commentOn Tinapa Hotel Generates N99m in One Month

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu

Share this now