New Sheraton-Branded Hotel Development in Addis Ababa Reaches Construction Stage

Construction began on a new Sheraton-branded hotel within the existing Sheraton Addis compound, with details reported on 26 October 2026. The development has an estimated total project cost of up to US$116 million, while the International Finance Corporation’s disclosed financing for the wider project is up to US$80 million. The hotel development is expected to expand premium accommodation capacity in Addis Ababa. Property developers, construction firms and investors can explore opportunities in feasibility modelling, construction planning and property-market analytics. HPC can support project modelling, property data analysis and development-monitoring systems; contact HPC for a quotation tailored to your project.

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