HMH, Dubai hotel giant set to spread its wings to Addis Ababa
Addis Ababa, Ethiopia – HMH, the Dubai-based Hospitality Management Holdings, is negotiating with Alsam Group, one of the high-profile retailers and investors in the country.
With a portfolio of four international hotel brands and over fifty hotels across the Middle East and Africa, HMH top management including the president, Michel Noblet, was here two weeks ago to learn in detail about Alsam Group.
The two parties are negotiating to reach a possible franchise agreement where a hotel set to be built by Alsam Group will be managed by one of the four international brands owned and managed by HMH.
Sabir Argaw, chairman of Alsam Group, said that the two parties have yet to hold other meetings to become partners in the future.
The negotiation between the two parties is facilitated by a hotel consultancy firm run by a veteran in the business, Fiseha Asres, former senior management member of Hilton Hotel and general manager of Intercontinental Hotel.
Head-quartered in Dubai, Hospitality Management Holdings (HMH) has under its umbrella four well-established and distinct hotel brands catering to all segments of hospitality.
Launched in 2003 under the leadership of Sheikh Faisal bin Sultan Al Qassimi and Sheikh Mohammed bin Faisal Al Qassimi, two of the billionaires of the kingdom, the company offer emirates most successful home-grown hospitality chains.
Product diversification and innovation, sound fundamental values, commitment to excellence, quality service and expansion in key destinations are the hallmarks behind HMH’s amazing growth, according to information posted on the company’s web.
Spread across the Middle East and North, South and East Africa, the group is now poised to conquer other markets, including Ethiopia.
Source: Ethiopian Reporter