The First Group Hospitality, a Dubai-based asset-management firm, has signed a master development agreement with Addis Ababa-based MIDROC Investment Group to operate 10 hotels across Ethiopia. In a news release, The First Group Hospitality executives said the move is part of its strategy to expand its third-party management system, with this deal marking its entry into Africa. Representatives from both companies announced the deal at the Future Hospitality Summit Africa, which took place this week in Nairobi. article 1 Min Read IHG opens world’s tallest hotel IHG Hotels & Resorts now resides over the world’s official tallest hotel, the 1,004-room Ciel Dubai Marina, Vignette Collection, which rises 1,237 feet in height, beating the previous incumbent by 72 feet. Terence Baker SocialFirst Group also has franchise agreements with other branded hotel firms such as Radisson Hotel Group and Wyndham Hotels & Resorts.

Source: Ethiopian News April 02, 2026 14:27 UTC