In an effort to rescue the economy from collapsing due to COVID-19 pandemic, the Government of Ethiopia orders the central bank to disburse 15 billion birr (close to $460 million dollar) to private banks.
How to get investment yields promptly without hotel business experience?– In popular travel cities, the influx of holiday travelers always brings many business opportunities to local hotels.
Hotel Chain Franchise; A Journey To a Profound Success – For the past decade, the hospitality industry has been undergoing some changes. From individual hotel to chain hotel, and from chain hotel to franchise hotel chain, the emergence of a new concept also means the end of an old era.
Attracting many prominent international hotel owners, investors, financiers, management companies and their advisers, the Africa Hotel Investment Forum (AHIF), is set to return Addis Ababa, Ethiopia.
ANDUALEM SISAY GESSESSE – Djibouti has registered remarkable economic growth over the past decade, mainly after its ports began handling Ethiopia’s import and export trade.
Quantum Global (QG) Africa Hotel LP, a Mauritius based investment fund managed by Quantum Global Investments Africa Management Ltd., today announced the acquisition of the Movenpick Ambassador Hotel Accra from Kingdom Holding Company (KHC).