The US-based JLL Hotels and Hospitality Group reported that Ethiopia has seen a significant decline in tourism arrivals over the past four year, with the first quarter of this year exhibiting a further 35.5 percent decrease.
The coronavirus pandemic, which has plunged the global economy into recession, is hitting Ethiopia’s service sector hard, to a point where the government’s intervention is required for a possible 3 billion birr bailout, The Reporter has learnt.
Omotic General Trading Plc., the owner of Paradise Lodge in Arba Minch and in Turmi, is set to open yet another of its signature lodge in Maasi Mara, Kenya after acquiring a land from its local government.
Ethiopia celebrates World Migratory Birds Day (WMBD) today, October 12, 2019, in Metehara town, an event happening at a time when migratory birds are being threatened to extinction by human practices emerging in Ethiopia.
The Dubai Chamber of Commerce and Industry plans to enter the Ethiopian market with a primary focus of engaging in the tourism as well as the real estate sectors, while facilitating conditions that would enable Ethiopian businesses introduce their products to the United Arab Emirates (UAE).
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.