Calibra Hospitality Consultancy & Business Plc Latest Ethiopian News

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Accor Hotels Group inks deal to bring Ibis Styles hotel to Addis Ababa

The French augmented hotelier, Accor Hotels Group, has agreed to bring in and manage Ibis Styles, a mid-scale brand as a fifth pipeline project in Ethiopia under its umbrella.
The property, costing USD 23 million, will open its doors by the end of 2023, and will have 150 keys (rooms) suitable for most young and middle class business travelers and executives, who would not mind spending USD 140 to 150 per room night.

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Products and Services in Ethiopia

Date: Jan 20, 2022
Currency (Code)Buying RateSelling Rate
US DollarUS Dollar(USD)49.572850.5643
EuroEuro(EUR)56.503157.6332
Pound SterlingPound Sterling(GBP)64.598265.8902
UAE DirhamUAE Dirham(AED)12.212712.4570
Saudi RiyalSaudi Riyal(SAR)11.957212.1963
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