Haile hotels and resorts 8th destination in Addis Ababa, Haile Grand Hotel, has officially launched its service. The five-star designate located in the heart of the capital was fully constructed by Ethiopians and has been giving its trail service starting from October 2022.
The elegant hotel which lies on a 15k hectare plot of land consumed 2.5 billion Ethiopian birr to construct across a 5 year timeline.
As indicated, the hotel consists of 157 rooms, 4 restaurants and 2 private dining rooms with 4 bars, pastry and coffee shop including a cultural food hall, 8 conference halls and health and beauty centers including a pool and gym with parking that can handle more than 200 cars at a time.
So far the hotel has created job opportunities for 450 employees of which 120 of them are new graduates.
For more than 22 years, Haile-Alem International PLC has been engaged in various investments including; agriculture, real-estate, education and hotel sectors. With 12 years of experience in the hotel investment sector, the PLC has 7 hotels and resorts in different parts of the country. It is said that Ethiopia’s long-distance running
legend, Haile Gebrselassie, is expanding hotel chains across the country with future aims of expanding the hotel chain to 20.
Haile Hotels and Resorts started its operation in the city of Hawassa with a 4-star resort. The company now has 8 hotels and resorts including Haile grand in Addis Ababa in Hawassa, Arbaminch, Adama, Gondar, Batu-Ziway, Shashemene, Sululta, and Addis Ababa.
Speaking on a press conference held on January 26, 2023, Haile GebreSelassie said that lack of foreign currency, instability inflation and other issues had delayed the construction which was expected to be finished in 3 years. Haile called local investors to get in the service sector and the government to support local investors. As Haile further explained the Haile-Alem International PLC is also planning to expand its service out of Ethiopia.
