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The hotel industry in Ethiopia is a vital and rapidly growing sector, playing a pivotal role in the country’s expanding economy and tourism infrastructure.
Ethiopia, known for its rich cultural heritage, historical sites, and stunning natural landscapes, has become an increasingly popular destination for both business and leisure travelers. The industry encompasses a wide range of accommodations, including international hotel chains, boutique hotels, and locally owned establishments.
In recent years, Ethiopia has made substantial investments in its tourism sector, with a focus on upgrading infrastructure, promoting cultural and heritage tourism, and improving accessibility through expanded air travel connections.
As a result, the country has witnessed a steady influx of international visitors, contributing to the growth of the hotel industry.
The hotel features 19 dining options, including Ethiopian, Italian, Arabian, and Asian restaurants, coffee shops, bars, recreational spaces, and locations for sips or hand-crafted cocktails with a panoramic view of the airport, in addition to meeting and event spaces that can accommodate small groups of up to 5000 people.
Get Rooms is a platform that caters mostly to travelers with the intention of considerably boosting the hospitality and hotel sectors. It gives consumers the option to pick from a wide range of Ethiopia’s hotels, guest houses, resorts, and other lodging options.
The platforms, which are accessible on both Android and iOS, provide consumers with thorough and accurate information. It provides a round-the-clock reservation service, boosts booking income for the Ethiopian travel and tourist sector, and enables alluring promotions.
The other application platform is Get Fee, a global invoicing platform that enables transactions and bill settlement from any global account at any location and time. Owners of hotels and other hospitality-related businesses can use this feature to manage bookings and transactions, local and international invoicing, inventory, user accounts, and hotel administration and reporting.
The Hotel Industry in Ethiopia accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Ethiopian Airlines, which operates flights to over no. of locations globally from Addis Ababa, is mostly to blame for the decline in international arrivals in Ethiopia. Given that the nation is home to nine world heritage sites and that the government has taken steps to enhance the investment climate, the tourist industry has enormous potential for expansion.
This involves easing visa regulations so that citizens and residents of the African Union can receive visas upon arrival. Following the pandemic, domestic tourism is probably going to return first, thus Ethiopia should focus on domestic and regional markets as a temporary fix to resurrect its tourism sector.
Major tourist spots across the nation have inadequate hotel infrastructure, therefore there are chances to build hotels and lodges there to draw both domestic and foreign tourists.
With the help of this agreement, IT Hospitality will be able to expand the deployment and integration of technologies as part of their turnkey solution packages for hotel chains in East Africa including Accor, Hilton, Marriott, Radisson, and others.
The launch of the Addis office is a part of the growth ambitions to provide Pan-African service, deployment, and support to IT Hospitality partners and clients.