French Hospitality Company Plans to Open 7 Hotels in Ethiopia
May 13, 2019 (Ezega.com) -- Accor SA plans to open seven hotels in Ethiopia by 2020, according to Journal Du Cameroun report.
The French hospitality company plans to build a total of 60 new hotels in 14 countries in Africa in the next four years,according to Mark Wills, senior official of the company and CEO for Middle East and Africa of the European.
Nigeria, Ethiopia and South Africa, will have 10, 7 and 3 Accor hotels each by 2020.
More than half of them will be in Egypt, which Mark Willis said is rebounding after external factors hurt the industry.
Accor has 143 hotels in Africa, 63 of them south of the Sahara, and will promote its Movenpick luxury brand, Willis said.
Ethiopia has seen a rapid growth in its hospitality industry in the last decade. Once known for poor quality hotels, the country is awash with several 4 and 5-star hotels. However, there is still a need for more high quality hotels, especially during international meetings and conferences.
In a recent survey W Hospitality Group, a Lagos-based firm, Ethiopia stood fourth in hotel development.
According to the survey, Egypt, Nigeria, Morocco and Ethiopia are the four top hotel development destinations in Africa.