Ethiopia aims to triple its tourist arrivals in four years

first_imgEthiopia aims to triple its number of foreign visitors to more than 2.5 million by 2020, making tourism a pillar of one of Africa’s fastest-growing economies.“There is a lot of demand in terms of bookings and investment plans. Our target is to receive more than 2.5 million in five years’ time. This sector will generate foreign direct investment and foreign currency and create job opportunities, as well as contribute to image-building”, said Culture and Tourism Minister Amin Abdulkadir.Buoyed by huge spending on infrastructure and an expansion of its services and agricultural sectors, Addis Ababa expects annual economic growth of around 11% for the next five years.Hilton Worldwide Holdings signed a management deal on Wednesday to open its first hotel in Ethiopia in more than four decades, while sub-Saharan Africa’s first Marriott-branded serviced apartments have also been unveiled in the capital.Sheraton, Radisson and Golden Tulip are among a handful of global groups already operating while U.S. chain Best Western International Inc, France’s AccorHotels and Ramada also claim to be working on new projects.last_img

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