The first Ambassador Hotel was established in 1957, as a gift by the United Kingdom to the Ghanaian government, on the attainment of independence.[2][3] The original 150-room, 4-story structure was demolished in 2006, for redevelopment of the site.[4]
The modern, 250-room hotel was built at a cost of $100 million by Kingdom Holding Company, the investment arm of Saudi Prince Prince Al Waleed bin Talal Al Saud.[5] It opened in November 2011,[6] managed by Mövenpick Hotels & Resorts, also owned by Kingdom Holding Company. Kingdom sold the hotel to Mauritius-based Quantum Global Investments Africa Management Ltd. in 2017 for $100 million.[7]
Location and description
The Mövenpick Ambassador Hotel Accra is located within the city's Central Business District[8] a few kilometres away from Kotoka International Airport, Accra.[1] The hotel is located close to the Accra Financial Centre, World Trade Centre, International Conference Centre and government ministries. The hotel also has the largest swimming-pool in Accra and an emporium attached to it, with shops and other businesses.[9]
^Richard Rathbone, "Casting 'the Kingdome into another mold': Ghana's Troubled Road to Independence", in Robert Holland, Susan Williams, Terry Barringer (eds), The Iconography of Independence: "Freedoms at Midnight", p. 66.