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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
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.
| S.NO | Overview Of Development | Details of Development |
| 1. | Ethiopian Skylight, Africaâs largest hotel Gets a Grand Opening | Inaugurating the second phase of Ethiopian Skylight Hotel, the largest hotel on the African continent, is Ethiopian Airlines firm, the region's largest aviation firm. Ethiopian Airlines debuted the first phase of the Ethiopian Skylight Hotel. With the addition, the hotel now features a total of 1,024 contemporary rooms and suites, including completely furnished flats ideal for both extended stays and overnight visitors. |
| 2. | Radisson Hotel group launches fourth hotel in Ethiopia | Radisson Hotel Group has signed a contract with Radisson Hotel Bihar Dar, located in northeast Addis Ababa. This is the first Radisson-branded hotel and the group's fourth in the country.The completely renovated and renovated 125-room hotel includes a variety of room types, from standard rooms to king rooms and presidential suites. The hotel also features a bespoke concept restaurant, an all-day restaurant, an Italian restaurant and three bars. There is also a fully equipped gym, spa and pool. |
| 3. | CBE, Eagle lion launch a first of its kind online hotel booking and payment platform | A hotel booking and payment system has been introduced by the Commercial Bank of Ethiopia and the systems technology company Eagle lion. The recently released application platforms Get Rooms and Get Fee were created especially for customers of hotels and other hospitality services. At a gathering hosted at the Ethiopian Skylight hotel, Eagle lion, the platform's creator, went into further detail about the applications. |
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 isGet 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.
| S.NO | OVERVIEW | DETAILS |
| 1. | IT Hospitality partners with Wisdom System Technology in Ethiopia | In order to jointly expand the Ethiopian hotel business, IT hotel and Wisdom System Technology have announced that they have formed a strategic collaboration and are opening a new office together in Addis Abeeba called IT Hospitality Ethiopia. |
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.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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