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Ascott Signs Agreement for New Serviced Residence in Lagos, Nigeria


  • Signing ceremony

    Ascott Signs Agreement for New Serviced Residence in Lagos, Nigeria – Image Credit Aleph Hospitality   

The Ascott Limited has signed a franchise agreement for Somerset Admiralty Way Lagos, a new serviced residence in Lekki, Lagos, Nigeria, set to open in October 2028.

The Ascott Limited announced the signing of a franchise agreement for Somerset Admiralty Way Lagos, a serviced residence in Lekki, Lagos, Nigeria. The agreement was signed with Admiralty Hotel Company Limited and Aleph Hospitality during the FHS World event in Dubai on 29 October 2025.

The Somerset Admiralty Way Lagos will be developed as a greenfield project by Admiralty Hotel Company Limited and operated by Aleph Hospitality. The property will feature 135 serviced apartments and is scheduled to open in October 2028. Facilities will include a restaurant, bar, meeting rooms, swimming pool, and fitness center.

This development is part of Ascott’s strategy to expand its presence in Nigeria, complementing the upcoming Citadines Purplelekki Lagos. With the addition of Somerset Admiralty Way Lagos, Ascott’s portfolio in Africa will include 22 properties across countries such as Kenya, Morocco, Ethiopia, Djibouti, and Senegal, totaling over 2,500 units either in operation or under development.

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The expansion aligns with Ascott’s regional strategy to achieve 20% annual growth over the next five years in the Middle East, Africa, and Turkey. By 2030, the company aims to have 15,000 units in operation or under development in the region.

Lagos, Nigeria’s commercial capital, is a key market for the hospitality industry, attracting over 1.3 million international visitors annually. The city serves as a hub for multinational corporations and is undergoing significant infrastructure development, including the construction of the Lekki Deep Seaport and a proposed new airport. The Somerset Admiralty Way Lagos will be located along Admiralty Way in Lekki, near Victoria Island and the Lekki Free Trade Zone.

The project is currently in the pre-design stage, with Ascott’s Project and Technical Services team working with the appointed architect and Aleph Hospitality to ensure compliance with brand specifications and sustainability standards.

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  • Signing ceremony

    Ascott Signs Agreement for New Serviced Residence in Lagos, Nigeria – Image Credit Aleph Hospitality   

The Ascott Limited has signed a franchise agreement for Somerset Admiralty Way Lagos, a new serviced residence in Lekki, Lagos, Nigeria, set to open in October 2028.

The Ascott Limited announced the signing of a franchise agreement for Somerset Admiralty Way Lagos, a serviced residence in Lekki, Lagos, Nigeria. The agreement was signed with Admiralty Hotel Company Limited and Aleph Hospitality during the FHS World event in Dubai on 29 October 2025.

The Somerset Admiralty Way Lagos will be developed as a greenfield project by Admiralty Hotel Company Limited and operated by Aleph Hospitality. The property will feature 135 serviced apartments and is scheduled to open in October 2028. Facilities will include a restaurant, bar, meeting rooms, swimming pool, and fitness center.

This development is part of Ascott’s strategy to expand its presence in Nigeria, complementing the upcoming Citadines Purplelekki Lagos. With the addition of Somerset Admiralty Way Lagos, Ascott’s portfolio in Africa will include 22 properties across countries such as Kenya, Morocco, Ethiopia, Djibouti, and Senegal, totaling over 2,500 units either in operation or under development.

Advertisement

The expansion aligns with Ascott’s regional strategy to achieve 20% annual growth over the next five years in the Middle East, Africa, and Turkey. By 2030, the company aims to have 15,000 units in operation or under development in the region.

Lagos, Nigeria’s commercial capital, is a key market for the hospitality industry, attracting over 1.3 million international visitors annually. The city serves as a hub for multinational corporations and is undergoing significant infrastructure development, including the construction of the Lekki Deep Seaport and a proposed new airport. The Somerset Admiralty Way Lagos will be located along Admiralty Way in Lekki, near Victoria Island and the Lekki Free Trade Zone.

The project is currently in the pre-design stage, with Ascott’s Project and Technical Services team working with the appointed architect and Aleph Hospitality to ensure compliance with brand specifications and sustainability standards.

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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making

The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution

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