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Hotels to reopen for business

Most of the hotels in Addis Ababa and regional towns, which were out of business in the past six months due to COVID-19, are reopening their doors for business. With the exception of those serving as quarantine centers, most hotels were closed for renovation in the past several months.

Haile poised to build a 1 bln birr resort in Gorgora

Haile Hotels and Resorts, the hotel chain owned by the athletics legend, Haile Gebreselassie, disclosed its plan to develop a world class resort in the lakeshore of Tana, Gorgora locality at a cost of more than one billion birr, it was learnt.

Hospitality, tourism sectors land 3.3 bln bailout fund

In the midst of cascading events the novel coronavirus pandemic has unleashed, the hospitality and tourism sectors, one of the hardest hit sectors, has been granted a 3.3 billion birr short term financing bailout to aid in working capital shortages and salaries.

Hotels in Addis close amid Coronavirus Pandemic

Following the spread of  COVID -19 and the subsequent travel restrictions impacting the international travel-tour industry,  88 percent of hotels in Addis Ababa have decided to partially or fully close their doors due to low occupancy rates, according to Addis Ababa Hotel Owners’ Association (AHA).