Debre Berhan, Ethiopia – Ethiopian running legend Athlete Major Haile Gebrselassie officially inaugurated his 11th hotel and resort, a four-star establishment, in Debre Berhan town, Amhara region, on April 23, 2026. The ambitious project represents a significant investment, with Haile Gebrselassie himself stating that the hotel utilized 1.9 billion Birr in its development.
The inauguration ceremony marked a new milestone in the athlete's expanding hospitality empire. While the full list of attendees was not provided in the initial report, it was noted that North Shewa Administrator Ato Mekasha Alemayehu and the Mayor of Debre Berhan City were present, underscoring the local government's recognition of the project's importance.
This latest venture in Debre Berhan, a strategically located town in the Amhara region, further solidifies Haile Gebrselassie's commitment to investing in Ethiopia's burgeoning tourism and hospitality sector. His previous hotels and resorts are spread across various parts of the country, contributing to local economies and creating employment opportunities.
Known globally for his unparalleled achievements on the track, including two Olympic gold medals and multiple world records, Haile Gebrselassie has successfully transitioned into a prominent businessman. His ventures span various sectors, but his hotel chain, "Haile Hotels & Resorts," is perhaps the most visible symbol of his entrepreneurial spirit. These establishments are often praised for their modern amenities, quality service, and contribution to regional development.
The expansion is far from over, as the announcement also revealed plans for future destinations. Gondar, Dire Dawa, and Harar are slated to be the next locations for Haile Gebrselassie's hotel developments, indicating a strategic vision to cover key tourist and commercial hubs across Ethiopia. These cities are renowned for their historical significance, cultural heritage, and economic potential, making them attractive sites for hospitality investments.
The 1.9 billion Birr investment in the Debre Berhan hotel highlights the growing confidence of local investors in Ethiopia's economic landscape, particularly within the tourism sector. Such large-scale projects are crucial for job creation, infrastructure development, and attracting both domestic and international visitors, thereby boosting foreign exchange earnings.
The presence of high-ranking regional and city officials at the inauguration ceremony signifies the collaborative efforts between private investors and government bodies to foster economic growth and development. It also reflects the government's support for initiatives that enhance the country's tourism infrastructure.
Haile Gebrselassie's journey from an athletic icon to a business magnate serves as an inspiration, demonstrating how national heroes can continue to contribute significantly to their country's progress beyond their primary fields of achievement. His continued investment in Ethiopia's future through projects like the Debre Berhan hotel is a testament to his enduring dedication to his homeland.
Source: Telegram / tikvahethiopia