Ghion Hotel

Ghion on Offer for Lesser Price in Second Round


Agency changed price after private consultancy firm assessed assets, value. Addis Ababa, Ethiopia - The Privatisation and Public Enterprises Supervising Agency (PPESA) will lower the indicative price of Ghion Hotel Addis Abeba, when it re tenders it for full private ownership in the coming three weeks, after taking the recommendation of outside consultants, SAB management and Development Consultancy Fortune learnt. […]

Investors Eying Full Auction of Ghion Hotel

Ghion Hotel

Renowned local investors and International Bidders Buying Bid Document. Addis Ababa, Ethiopia - The intended sale of Ghion Hotel Addis Abeba, known for its spacious 12ht compound and birdlife, has drawn a lot of attention from notable local and international investors. Around 12 companies have so far bought bid documents including billionaire tycoon Mohammad Ali-Al Amoudi’s […]