Westin Hotels and Resorts, one of the prominent hotel chains in the world is negotiating to manage the new African Union Grand Hotel which is owned by MIDROC Ethiopia.
The hotel is now under construction in the premises of the African Union (AU) headquarters.
The construction of the five star hotel is currently speeding up and is expected to cost 1.2 billion birr. The state owned Commercial Bank of Ethiopia has recently approved 850 million birr loan for the construction of the hotel.
Sources told Capital that officials from Westin, which is one of the esteemed firm on the hospitality industry in the past 80 years, are in the final stages of negotiation to overtake the management of the new hospitality facility of MIDROC.
The African Union Grand Hotel is expected to be operational by 2013 according to its original schedule to coincide with the celebrations of the 50th anniversary of the African Union. Westin Hotels and Resorts brand, the largest upscale hotels and resorts brand, is part of Starwood’s Hotels and Resorts Worldwide. It was bought by Starwood in 1994. Especially in the last decade, Westin has focused on expanding globally and since 2005 its number of hotels has grown from 120 locations in 24 countries to over 160 locations in 37 countries by 2011.
The other luxury hotel, Sheraton Addis owned by the Ethiopian born Saudi billionaire Sheik Mohamed Hussen Al Amoudi, is also managed by Sheraton Hotel and Resort, which was formed in 1937 and is one of the luxury brands under Starwood.
African Union Grand Hotel is a complex, multipurpose and standard hotel that is designed for presidents, diplomats and business travelers. It has suites and rooms, meeting rooms, restaurants and bar, swimming pool and spa, grand club, multipurpose ballroom, business center and parking. The city administration has allocated 90,000 square meter of land to MIDROC for the construction of the hotel. But the company has applied for an additional 17,000 square meter of land for a wider security area and comfortable parking lots.
The hotel is mainly intended to accommodate high government officials who come to the capital city for meeting as well as various other reasons.
The hotel will have 31 ministerial suites, 27 presidential suites, distinctly decorated and equipped with unparallel comfort and luxury. It will also have 8 medium size meeting rooms, a large conference room with a 3,500 seating capacity and another one with a capacity of 2,200 seating for banquets.