Power costs biggest threat to hotel businesses – Panama Hotel CEO

punchng.com · economy
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Power costs have become the biggest threat to hotel businesses in Nigeria, according to the chief executive of Panama Hotel. The executive said some hotels spend as much as half their revenue on diesel because grid supply is so poor. Keeping generators running around the clock has quietly turned into one of the heaviest burdens on operators in the sector.

The CEO of Panama Hotel says power costs are the biggest threat to hotel businesses in Nigeria, with some spending 50% of revenue on diesel due to poor sup Read More: https://punchng.com/power-costs-biggest-threat-to-hotel-businesses-panama-hotel-ceo/

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