Imo Concord Hotel Gets New Management, Partners American Multinational Company.
Gov. Hope Uzodinma signed a memorandum of understanding with Marriot International Incorporated (MII) for the renovation and management of Imo Concorde hotel, so as to meet up International standards in hospitality.
The MOU is to usher in a Public-Private Partnership (PPP arrangement) which will further make the Imo Concorde Hotel an internationally recognized hotel with economic benefits to the State as conceived by Imo State first civilian Governor Sam Mbakwe.
The partnership will allow Marriot invest in the renovation and management of the hotel. The partnership must take into consideration local content participation by Imolites.
The MOU is to the effect that parties will work together to fashion out modalities for the partnership to succeed. This is coming against the back drop of the new governments desire to make Imo State an economically viable and investment friendly State.
Meanwhile, Marriott International, Incoperated is an American multinational diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging facilities. Founded by J. Willard Marriott, Marriott International boasts of being the third largest hotel chain in the world.
Cc: IFCY Blog