Tuesday, 25 December 2012 |Westin Hotels and Resorts is currently negotiating with MIDROC Ethiopia to manage the new African Union Grand Hotel. The hotel is currently under construction in the compound of the headquarters of the African Union in Addis Ababa.Westin is in the final stages of discussions as part of the process of taking over the management of the new grand Hotel being built by MIDROC. The Hotel is expected to launch operations staring from 2013. The opening of the Hotel is intended to coincide with the 50th anniversary of the African Union, it was said. The speed of the construction project has been helped by a recent loan granted of 850 million birr, by the Commercial Bank of Ethiopia. The total expense of the construction of the hotel is estimated to require about 1.2 billion birr. The design of the hotel calls for a complex, multipurpose and standard construction that is designed for presidents, diplomats and business travelers. It is expected to include meeting rooms, suites and rooms, swimming pool and spa, restaurants and bar, grand club, multipurpose ballroom, business center and parking.Westin Hotels and Resorts brand is an international hotel brand, part of Starwood’s Hotels and Resorts Worldwide since it was acquired by Starwood in 1994. Recently Westin has focused on expanding global market, owning 160 locations in 37 countries last year.Source: Capital
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