Addis Ababa, Ethiopia

Focus on Hospitality

The 2021 World Tourism Day, focuses on tourism for inclusive growth, means a lot. Collaboration between the transport and tourism ministries, as well as other stakeholders, appears to be vital to achieve the expected outcomes.

The National Hotel Federation was established to benefit hotel operators as well as other related service providers. It is true that well-coordinated unity can make a difference. One of the organization’s key goals is to establish and work on peaceful industry, capacity building, experience sharing, and to participate in policy making.

Ethiopia’s hotel industry is growing, but the number of available hotel rooms is still the lowest. In terms of room availability, Ethiopia is ranked 134 out of 140, compared to Kenya, Uganda and Tanzania at positions 122, 121 and 118 respectively. The government has adopted a policy that allows duty-free imports of hotel furniture, fixtures and equipment for hotel investors.

Hawassa city administration has taken a different actions to encourage private investment in all sectors of economy; making favorable condition, policy and guidelines. The private sectors in all its forms is guaranteed and secured. Also attempts are being made to provide incentives in the form of credit, tax reduction, according to sources from the city administration.

The National Hotel Federation was established to benefit hotel operators as well as other related service providers. It is true that well-coordinated unity can make a difference. One of the organization’s key goals is to establish and work on peaceful industry, capacity building, experience sharing, and to participate in policy making.

Fiteh Woldesenbet (PhD), President of the Ethiopian Hotel and Related Services Employers Federation /PEHRSEF/

Dr. Feteh says banks should consider the hotel sector differently in obtaining bank loans. A loan with a short repayment time results in a cash shortage. As a result of the nature of hotel company payback requiring a longer period of time, banks should look at this aspect more.

To spur tourism growth and development, Ethiopia must improve the hotel industry and the infrastructure that supports it. It will take the cooperation of all stakeholders government, hotel professionals, hotel owners and hotel trade associations to achieve a competitive and sustainable sector.

To read more please visit: https://issuu.com/abyssiniabusinessnetwork/docs/world_tourism_day_abn

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