As the Reporter newspaper writes the Prime Minister office has ordered the privatization and public enterprise supervising agency to remove Ghion hotel from the list of public enterprises ready to be sold.
The Hotel has been on the bid many times but agreement couldn’t be reached between the prospective buyers and the agency. Many prospective buyers have been complaining about the hotel’s expensive price tag.
This four stars hotel which was founded in 1950 E.C rests on 123, 000 meter squares of land with 191 rooms, 7 halls, a swimming pool and various restaurants. Following the decision, it is said that the government has planned to refurbish the hotel to become a five star hotel.
Related articles on the web
The bego aderagot building to be demolished 
Government to build home for Former President Girma Woldegiorgis
Sunshine Construction to build Ethiopia’s first Marriott Hotel
New Housing Scheme for Diaspora and Diplomatic Mission Workers
Saudi diplomat in Colombo found dead in pool
Burayu’s Airplane Restaurant to Begin Service
Ethiopia: South Star International Hotel opens in Hawassa
A Museum and part at the heart of Addis
The Housing Development of the 40/60 Regime is Finalized 58 %
The Americans are coming!!! – ‘In-N-Out’ Restaurant in Addis Ababa may face trademark infringement lawsuit
A Draft Bill that gives 103,000 meter cube of water per day to Djibouti
Ethiopia: Five Contractors Awarded with 1.06 Billion Birr Projects
Join Conversations