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An influential gathering of hospitality executives in Africa, the Africa Hospitality Investment Forum (AHIF), will recognise the managing director and CEO of Transcorp Hotels Plc, Dupe Olusola, for her professional accomplishments in Namibia later this month.
The AHIF is an organisation connecting business leaders and fuelling investment in tourism projects, infrastructure, and hotel development across the continent.
In a statement, the organisation said Olushola became the Managing Director and CEO of Transcorp Hotels Plc during the COVID-19 pandemic when occupancy fell to just five per cent.
“She led the company back to profitability faster than most of the world’s hospitality companies, with the share price growing over 600 per cent in 2023. Under her leadership, the company has not only extended its offer, but the company’s flagship property Transcorp Hilton Abuja, has since introduced leisure offerings, finding the perfect blend of business and leisure.
“The company has also won over 40 awards since Dupe became managing director/CEO. She has won several personal awards. Dupe’s record is outstanding. She became the first female CEO of an N1 trillion company shortly after Transcorp ended the year as the best-performing stock on the Nigerian Exchange,’’ the statement read.
Dupe Olusola commented on receiving the Leadership Award: “I am deeply honoured to receive the Leadership Award at AHIF. This recognition is a testament to the incredible dedication and hard work of the entire Transcorp Hotels team. Together, we have navigated challenging times and emerged stronger, continually pushing the boundaries of excellence in hospitality. I am proud of what we have achieved and excited about the future as we continue to innovate, expand, and deliver outstanding experiences for our guests.”
Founder of the Africa Hospitality Investment Forum (AHIF), Matthew Weihs, said: “It will be an enormous pleasure to see two exceptionally impressive individuals receiving African hospitality industry ‘Oscars’ at AHIF. Alain is one of the great statesmen of the sector, who has achieved consistent success through a brilliant mix of charm, dynamism, flexibility, and commercial nous. The operational excellence his team has achieved in Cotonou is fantastic, as was the deal he signed in Abidjan at the height of the pandemic.”
