One of the most prominent hotels in Bahir Dar, Grand Resort and Spa, is to be named Radisson Bahir Dar and will be fully managed by one of the most sought after international brands. This is the first time the brand has ventured outside of the capital.

The Global Brands Magazine (GBM), a UK-based publicationdevoted to news and opinions on brands that are shaping the future of their industry,has recognized Calibra Consultancy and Business PLC for its efforts in promotinghotel investment and branding in theEthiopian hospitality sector.

The Qatari hospitality giant, Katara Hospitality, is said to be conducting its due diligence to invest Euro500 million in the African hospitality market, targetinga chain of hotels and convention centers to be built across the continent, The Reporter.

Some 600 global hoteliers and major brand executives are set to return to Addis Ababa for the third time to take part in the Africa Hotel Investment Forum (AHIF), which is scheduled to be held in September.

The Ethiopian Airlines Aviation Group has embarked on the second five-star hotel construction project in Addis Ababa at a cost of USD 150 million.

The rebranded Tourism Ethiopia is set to establish a tourism fund, an institution financed from various sources including an upcoming tourist tax system.

Ethiopia's luxury hotel, Sheraton Addis, is set to host the second annual Luxury Wedding Exhibition, inside the Grand ballroom this weekend, titled 'for the Journey to the Perfect Wedding'.

The specialized Africa Hotel Investment Forum (AHIF), annually held in rotation, will be coming back to Addis Ababa, where the last time was hosted in 2015.

GETFAM Hotel, a family owned enterprise located around Hayahuletarea of the capital is to officially be managed by the Dubai-based Aleph Hospitality – an emerging Dubai-based management company.

The Council of Ministers will soon endorse the selected construction site for the proposed new mega hub airport.