As per its previous claim to refurbish, upgrade, and rebrand several of its hotels in Ethiopia, MIDROC Investment Group has taken a step forward in accomplishing the promised feat. As of October 06, 2022, MIDROC has entered into a franchise agreement with Marriott International to open three hotels in two major cities: Bahir Dar and Hawassa.
The contract consists of reopening the Blue Nile Avanti Resort in Bahir Dar as Protea, a Marriott brand, along with brining Tana Hotel- located in the same region- up to Sheraton Four Points Standard. Progress International Hotel, situated in Hawassa, is to receive the same treatment and be raised to Sheraton Four Points Standard as well.
The pact was sealed by CEO Mr. Jamal Ahmed and Deputy Chief Executive Mr. Solomon Zewdu on MIDROC’s side, while Mr. Karim Cheltout, Mr. Jugal Kushalani and Mr. Edward signed the agreement on behalf of Marriott.
Source: MIDROC Investment Group
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