American multinational hospitality company, Hyatt Hotels Corporation has unveiled its first Hyatt branded hotel in Ethiopia as it continues to gain ground in the continent.
The hotel is its seventh in Africa, citing a good record of doing business.
During the opening ceremony of the hotel in Addis Ababa, eddo Siebs, general manager, Hyatt Regency Addis Ababa noted, "We are excited to celebrate the opening of Hyatt Regency Addis Ababa and to introduce the brand to Ethiopia. We are confident that our loyal World of Hyatt members and global travellers will feel welcomed the moment they arrive, and we look forward to serving them delicious blends of local flavours, while also offering an array of live entertainment."
The hotel has immense amenities that should make it a game changer in the hospitality sector such as room features and guest services, facilities, business services, recreational activities and equipment. The venue is accessible by airport shuttle, bus, taxi and train.
The hotel now has a total of 188 guest rooms, with 18 suites and 139 single beds.
The hotel is surrounded by local attractions including the Addis Ababa Museum, which is the city's scruffiest museum. Tourists could lodge in the hotel as they exploit the attractive site, making it convenient for them as well. National Palace, a historical landmark is only five minutes away from the Hyatt Hotel.
The Hyatt Hotel Corporation seeks to more than double its hotels in Africa by 2020 following the increasing demand for hotel rooms, catapulted by economic growth.
However, the American firm still faces tough competition from Accor Hotels has earmarked $1 billion to invest in expansion on the continent.
Radisson, another competitor to be reckoned with, with over 18,000 rooms in operation in Africa plans to establish 120 hotels from the current 86 in Africa by 2021.
Kempinski and Marriott are also in contention for space in the industry as they look to mark their territories in Africa's economy. Such investments are vital for the infrastructure development of African countries to drive business and growth.