The Lagos Business School (LBS) has announced a new initiative aimed at promoting best practices and standards within Nigeria’s hospitality sector.

According to a statement, the initiative was unveiled at a recent summit in Lagos, which brought together industry leaders to discuss standardisation and innovation in the hospitality industry.

The initiative, themed “Rethinking Standardisation in Hospitality Retail,” aims to drive customer experiences across Nigeria’s hospitality value chain.

Belinda Nwosu, who convened the event, described the initiative as a significant step towards fostering growth and development within Nigeria’s hospitality industry and across Africa.

“The initiative is designed to collaborate with organizations by offering solutions to business challenges, providing market research data for informed decision-making, facilitating networking opportunities, and nurturing executive-level talent from Africa,” Nwosu said.

During the event, Chris Ogbechie, Dean of LBS emphasised the importance of standardisation in today’s competitive hospitality landscape.

“To achieve consistency, quality, and efficiency across every aspect of the hospitality value chain, standards play an integral role in fostering loyalty by offering unique service experiences, he said.

Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.

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