Ikeja Hotel Plc engages in the operation of hotels and restaurants. The company operates three five-star hotels, including Sheraton Lagos Hotel, Sheraton Abuja Hotel, and Federal Palace Hotels & Casino. It also engages in the operation of apartment letting, recreation facilities, night clubs, and business centers; and provision of advisory and consultancy services. In addition, the company is involved in the provision of catering services; and real estate investment activities. Further, it operates as a special purpose vehicle. The company was formerly known as Properties Development Limited. Ikeja Hotel Plc was incorporated in 1972 and is based in Lagos, Nigeria.