ACCRA — The International Finance Corporation (IFC), a member of the World Bank Group, is providing long-term financing to PLP Properties Ltd. to support the development of a new 170-room Hampton by Hilton hotel in Accra, a project expected to provide 990 direct and indirect jobs, including 200 permanent positions. IFC Investment in new Accra hotel to support nearly 1,000 jobs and expand midscale tourism in Ghana.
Located near Accra International Airport, Hampton by Hilton Accra Airport is positioned to become Hilton’s first hotel to open in Ghana and one of the first Hampton by Hilton properties in West Africa. The project is expected to expand the supply of internationally branded midscale accommodation for business and leisure travellers. IFC Investment in new Accra hotel to support nearly 1,000 jobs and expand midscale tourism in Ghana.
The investment comes as Ghana’s travel and tourism sector continues to make a significant contribution to the national economy. In 2024, travel and tourism contributed an estimated 5.7 percent of Ghana’s gross domestic product and supported more than 800,000 jobs. IFC Investment in new Accra hotel to support nearly 1,000 jobs and expand midscale tourism in Ghana.
According to IFC, expanding midscale accommodation and strengthening hospitality infrastructure could create new opportunities for employment and economic activity while broadening Ghana’s tourism offering.
Jean-Louis Feghali, Executive Director of PLP Properties Ltd., said the project goes beyond building a hotel, with the development expected to strengthen Accra’s hospitality offering, create jobs, support local suppliers and serve both business and leisure travellers. IFC Investment in new Accra hotel to support nearly 1,000 jobs and expand midscale tourism in Ghana.
Nathalie Kouassi Akon, IFC Division Director for West Africa Gulf of Guinea, said investment in quality and sustainable accommodation could strengthen Ghana’s tourism sector and support employment across the wider economy. IFC Investment in new Accra hotel to support nearly 1,000 jobs and expand midscale tourism in Ghana.
The development adds to growing Ghana News coverage around private-sector investment, tourism and job creation.
Hotel to Support Ghanaian Businesses
The hotel is expected to source goods and services from Ghanaian businesses, including small and medium-sized enterprises. The arrangement is intended to strengthen domestic value chains and help retain more of the economic value generated by tourism within Ghana. IFC Investment in new Accra hotel to support nearly 1,000 jobs and expand midscale tourism in Ghana.
The project is also targeting EDGE Advanced certification, IFC’s green-building standard. The hotel is being designed to use at least 40 percent less energy and 20 percent less water than a conventional building while reducing embodied carbon in construction materials. IFC Investment in new Accra hotel to support nearly 1,000 jobs and expand midscale tourism in Ghana.
These efficiency measures are expected to reduce operating costs and establish a stronger benchmark for resource-efficient development within Ghana’s hospitality sector.
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IFC Financing Supports Sustainable Growth
IFC’s long-term financing is intended to provide the project with sufficient time to complete construction and establish operations. The investment supports the World Bank Group’s Country Partnership Framework for Ghana, including priorities around private-sector-led job creation, economic diversification and sustainable growth. IFC Investment in new Accra hotel to support nearly 1,000 jobs and expand midscale tourism in Ghana.
PLP Properties Ltd., the Ghanaian property investment and development company behind the project, is the owner and developer of Hampton by Hilton Accra Airport. The company focuses on hospitality and real estate developments designed to meet international standards and contribute to Ghana’s business and tourism infrastructure. IFC Investment in new Accra hotel to support nearly 1,000 jobs and expand midscale tourism in Ghana.
Hampton by Hilton Accra Airport is described as PLP Properties’ flagship hospitality development.
The project could add to Accra’s accommodation capacity while creating opportunities for Ghanaian suppliers and workers across the construction, hospitality and wider tourism value chains.
More developments in Ghana’s business and investment landscape can be followed through Top Stories.
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