The promoters have a technical and management agreement with Accor, who are the hotel managers for Moorhouse MGallery hotel, Ikoyi –Lagos, Novotel Hotel, Portharcourt and Ibis Lagos Airport Hotel, Lagos. Accor is a leading international French hotel management group that manages over 4,000 hotels in nearly 100 countries under 13 various brands worldwide.
These brands include: Sofitel, Novotel, Ibis, Mercure, Dorint, Suitehotel, Etap, Formule 1, Red Roof, Motel 6 and Accor Thalassa.
FBN Capital is the Investment Banking and Asset Management business of the First Bank Holding Group, offering services in Investment Banking, Asset Management Markets, and Principal investing/Private Equity.
FBN Capital has a shareholding of 28.8% in Moorhouse Properties Limited.
International Finance Corporation (“IFC”) is a member of the World Bank group, with a shareholding interest of 20% in Moorhouse Properties Limited.