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[Jan 2017] International Brand Hotels in Ethiopia Latest Ethiopian News - AddisBiz.Com | Ethiopian Business Guide

Royal Tulip to Enter Ethiopian Market with 1 Billion birr, 13 storey hotel

Louvres Hotel Group has signed a 20-year management agreement with Begez Business Group to run the Royal Tulip Plaza Addis Abeba Hotel Luxury Style Collection. The agreement was signed by Sebsebe Teklu, the chairman of Bengez and Alain Sebah, President of the Golden Tulip for French and East African countries.

Royal Tulip is currently under construction and is 40pc completed, with 470 million Br already spent on the construction. The total cost of the construction will be around one billion Br, and the hotel is scheduled for

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Wyndham Inks 3 Hotel Deal with Santa Maria Group Hotels

Abel Sahlemariam Santa Maria Construction PLC Ethiopia Wyndham HotelsThe Wyndham Hotel Group has signed a 15-year management agreement for three hotels. This pushes the total number of hotels managed by the group in Ethiopia up to four, including the recently opened Ramada Addis – a five-star hotel in the capital.

The three new

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Hotels Investment Forum Spawns Agreement for Eleventh International Brand

The Fifth Africa Hotels Investment Forum (AHIF) has seen Nibras Hotel Plc, a local company, and Accor Hotels Group signing a technical assistance and management agreement for the hotel which will be established in a building currently being constructed near Banco di Roma at Piazza.

This agreement signed on Thursday October 1, 2015, followed another international agreement signed between Sunshine Business Plc and Hilton Worldwide on September 29, 2015.

The Nibras-Accor deal, for the Novotel brand, was facilitated by Calibra

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