Ethiopia Leading in Hotel Development in East AfricaSeptember 27, 2018 - Hotel development projects in Ethiopia are almost 50 percent higher from last year, according to a new report, leading East Africa on this front. Addis Ababa is said to account for 86 per cent of the total, almost 5,000 rooms in 25 hotels. Government incentives, international conferences and NGOs, embassies and aid agencies have all fueled the hotel growth in Addis Ababa. Accor is among the chains focusing heavily on East Africa, including Ethiopia, doubling the number of hotels in its development pipeline in in the region. Hilton is deploying part of its US$50 million(Sh5 billion) Hilton Africa Growth Initiative to help fund growth in the region, converting hotels to its DoubleTree and other brands.

Source: Ethiopian News September 27, 2018 21:00 UTC