Rising Costs Threaten Nigerian Tourism Revenue During Festive Season

The article discusses how the "Detty December" festive season in Nigeria is facing challenges due to rising costs across the hospitality and entertainment sectors. Gbenga Onitilo of Finchglow Holdings Ltd expressed concerns about excessive pricing, especially in hotels and short-term rentals, which are far beyond reasonable levels.

Femi Fadina of ATPN highlighted the mismatch between high prices and service quality, warning that such practices are unsustainable and could deter tourists. The sector is urged to find a balance between profitability and customer experience to maintain Nigeria's appeal as a festive travel destination.