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[Dec 2017] Ozzie Business and Hospitality Group Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Golden Tulip Hotel to be constructed in Adama

Adama (Nazareth) is going to be the fourth regional city to welcome an international franchise hotel following the management agreement between Louvres Hotel Group and Gonde Import & Export Enterprise to operate Golden Tulip brand at the cost of half a billion Birr.

The agreement was signed between Bezu Beyen, CEO of Gonde, and Alain Sebah, president of Golden Tulip for French-Speaking Africa & East Africa on October 19, 2017, at the Golden Tulip Addis Hotel.

The five-star hotel, Golden Tulip Adama, will be the

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Dusit Thani Resort Coming to Ethiopia

Fretsega Real Estate & Construction has partnered with Dusit International Hotels and Resorts and they are in the final stage of bringing a Dusit Thani resort to Ethiopia, with a 150 million dollar investment.

The agreement was signed three weeks ago after a year-long negotiation between the property developer and the Thailand-based international chain hotel was concluded. Ozzie Business and Hospitality Group facilitated the deal negotiating on behalf of the local property developers.

The Resort will have a total of 358

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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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