27/04/2016
Source:- The Ethiopian Herald
150 million worth Hotel Inaugurated in Addis Ababa
The nation has great potential to develop tourism and the expansion of such service catering institutions creates favorable condition for local as well as foreign investors and other development partners.
The Ministry of Culture and Tourism said that the nation needs to do more on hotel industry to gain sector possible benefit.
Inaugurating the four-star Foyat Hotel last Saturday 13 February 2016, State Minister Tadelech Dalecho said that Ethiopia has to intensify effort to expand cottage industry to benefit from the sector through increasing service institutions, promotional work and deploying trained man power.
The 150 million worth hotel has 55 bed rooms, bars, restaurants, health and physical training centers, massage, assembly halls, and business centers, among others.