PLP Properties Ltd., the Ghanaian property investment and development company owned and controlled by the Feghali and Nassar families, has secured $10 million in long-term financing from the International Finance Corporation to develop a 170-room Hampton by Hilton hotel near Accra’s international airport.

The financing will support the development of Hampton by Hilton Accra Airport, expected to open in 2027 and create about 990 direct and indirect jobs, including 200 permanent positions.

PLP Properties expands Ghana hospitality footprint

Located near Accra International Airport, the hotel is expected to become Hilton’s first property in Ghana and one of the first Hampton by Hilton hotels in West Africa.

The project will expand the supply of internationally branded midscale accommodation in Accra, where most international hotel operators currently serve the upscale segment.

The development is also expected to create opportunities for Ghanaian suppliers, particularly small and medium-sized businesses, by sourcing goods and services locally and strengthening domestic tourism-related value chains.

Jean-Louis Feghali, Executive Director of PLP Properties, said the project is intended to strengthen Accra’s hospitality infrastructure while creating employment and supporting local suppliers.

IFC backs sustainable hotel development

The $10 million financing from IFC, a member of the World Bank Group, is structured as long-term funding to provide the project with sufficient time to complete construction and establish operations.

The hotel is targeting EDGE Advanced certification, IFC’s green building standard, and is being designed to use at least 40% less energy and 20% less water than a conventional building.

The development also aims to reduce embodied carbon in construction materials, with the resulting resource efficiencies expected to lower operating costs and establish a benchmark for more sustainable hospitality development in Ghana.

Nathalie Kouassi Akon, IFC Division Director for West Africa Gulf of Guinea, said investment in sustainable accommodation can strengthen Ghana’s tourism industry and support employment across the wider economy.

Hotel investment targets Ghana’s growing tourism economy

Ghana’s travel and tourism sector contributed an estimated 5.7% of the country’s gross domestic product and supported more than 800,000 jobs in 2024. The Hampton by Hilton project is expected to contribute to the sector by increasing the availability of internationally branded accommodation for business and leisure travellers while supporting local procurement and employment.

PLP Properties, jointly owned by the Feghali and Nassar families, with the Feghali family holding a 75% stake and the Nassar family owning the remaining 25%, said its flagship hospitality development is designed to meet international standards while strengthening Ghana’s business and tourism infrastructure.

The investment also aligns with the World Bank Group’s priorities for Ghana, including private-sector-led job creation, economic diversification and sustainable growth. For the Feghali and Nassar families, the project adds a major hospitality asset to their property development interests while positioning PLP Properties to participate in Ghana’s expanding tourism and business accommodation market.