PH Hotelier Decries Naira Devaluation


The General Manager of Le
Meridien Hotel, Ogeyi Place, in Port Harcourt, Mr. Chris Duncan, says devaluation of naira is one of the challenges facing the hospitality industry in Nigeria.
Duncan said this in an interview with The Tide during the just-concluded Mini-trade Fair organised by the hotel in Port Harcourt to mark the 20th anniversary of UNICEF Check Out for Children in Africa.
The manager who noted that naira devaluation has affected exchange rate, said that the problem was also affecting the hotel customers, adding that the drop in crude oil prices has affected the economy generally.
He however noted that the challenges “cannot stop us from supporting the less privileged children in Africa”, adding that the whole trade fair was geared towards the education of children from poor homes”.
The sales manager of the hotel, Mrs. Vindi Suleiman noted that the trade fair involved over 20 companies that exhibited and made good sales at the space provided by the hotel.
Suleiman noted that the trade exhibition was successful, adding that many parents brought their children for shopping at the trade fair as there was conducive atmosphere for business.
She noted that this was the first time that the hotel is organising a trade fair to mark the UNICEF Check Out for Children, adding that there have been other activities in previous years which also raised fund for the less privileged children.
One of the customers who brought her family for shopping, Mr. Okechukwu Akaeze commended Ogeyi Place for organising the trade exhibition, adding that the family really enjoyed the shopping bonanza.
Akaeze said there was enough to buy, adding that as an entrepreneur, he also made business contacts and connections which will yield in future.
He called on Ogeyi Place to always toe this line every year, adding that the economy of any nation is driven by the private sector.
Another buyer, Mrs. Christy Charles said she did not only buy products but also connected to companies that provide services for different things, adding that she looks forward to next edition of the trade fair, commending Ogeyi for supporting the less privileged and called other companies to borrow a leaf from them.