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Online hotel booking agency, Hotels.ng, has secured $1.2 million, about N240 million, in investments from international investors, the company has announced.
In a statement made available to Connect Nigeria, Hotels.ng was the only e-commerce company in Nigeria with indigenous investment of up to 90 per cent, having also received seed investment of $225, 000, about N36 million, in 2013 from a Lagos-based venture capital firm, Spark.ng.
According to the founder of the online portal, Mark Essien, with the new deal, the company is strategically positioned to invest further in its technology capacity and expansion across Africa.
Hotels.ng which started in 2013, has made online booking for over 7,000 hotels from across the country.
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This article was first published on 5th June 2015

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Ify Halim is a Writer and media enthusiast based in Lagos. She enjoys writing self-help/inspirational articles with published work in UYD Magazine, Edufrica, Our Stories Inc. and The Keele Concourse. She currently works at ConnectNigeria.com, Nigeria’s Information Portal. Follow her on Twitter @MissHalim or visit her online space at ifyhalim.wordpress.com

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