Lucrative and executive Accor Hotels entered into a tri-partnership deal with Ethiopian investors for the construction and building of three hotels in its capital, Addis Ababa. The French multinational hotel group will also be managing the hotels alongside the Ethiopian partners.
A 162 keys Mercure located in the vicinity of the United Nations Economic Commission for Africa (ECA) will be built by Tihnat Investments PLC and is expected to open its doors in 2020.
The hotel will include 156 standard rooms, 6 suites, 400 square meters of meeting and banqueting spaces, several F&B outlets, as well as a gym & spa.
A 135 keys ibis Styles has been signed with Metro Hospitality Services PLC enterprise. The hotel also located near the UN headquarters and integrating full services (F&B/meeting space), should be completed by 2019.
Finally, a 230 keys ibis will also be managed by Accor Hotels on behalf of Abay Technic Trading. Located 200 meters from the Africa Union (AU), the hotel, which should open within 2021, will be one of the tallest buildings in the area with 22 floors.
It will be built in accordance with the brand specifications, allowing therefore, for an optimized use of space and a greater comfort for its clients. A full F&B offer will be included in the hotel as well as 300sqm of meeting space.
Official signature ceremonies were held in the presence of newly appointed Steven Daines and Olivier Granet, respectively CEO and COO of Accor Hotels for Africa & Middle East.
Steven Daines declared after the ceremony “We are very happy with the signature of these 3 projects representing more than 500 rooms that will help build a leadership for Accor Hotels across segments on this promising and fast growing market by 2020, after the signature of a 330 rooms Pullman in 2014 and a 156 keys Novotel in 2015.
Accor Hotels has strong ambitions to maintain leadership on the continent by consolidating its position in West and North Africa and by boosting its development in East and Southern Africa. I would like to warmly thank our partners for their trust and confidence in building a successful partnership.”
These projects will bring an additional international branded offer into the market, as well as a new segmentation, answering the need for good quality and reasonably priced hotel rooms in Addis Ababa.
Leading operator in Africa, Accor Hotels operates 111 hotels (19,600 rooms) across market segments from luxury to economy, across 21 countries and employs more than 10,000 collaborators.