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Ethiopian Airlines Evaluating Offers for its Hotel Project

Ethiopian Airlines has renewed negotiations with international companies for the design, construction, and management of the four star hotel it is planing to construct.

“Ethiopian could settle on a company within 15 days, if all requested documents are submitted by the bidding companies,” an official from the facility planning section, under the Alliances & Corporate Strategic Planning Department, told Fortune.

Several international companies from China, South Africa and the United States were selectively invited in December 2012 for the project. Ethiopian opened bid offers for the project on February 28, 2013. The airline declined to disclose the number and names of companies that it is currently negotiating with.

currently, the bid committee is evaluating the offers. Ethiopian has already opened the technical evaluations and will negotiate on the financial offers, according to the official Fortune talked to.

Source: Fortune