Sunshine Construction to build Ethiopia’s first Marriott

A model of one of Sunshine’s future projects: supper-deluxe condominium apartment in Ethiopia’s Capital – Reporter

Sunshine Construction to build Ethiopia’s first Marriott – Reporter

The first Marriott hotel in Ethiopia is in the plans according to a report by Addis Ababa based Reporter newspaper. The paper said, Sunshine construction, one of the largest construction companies in Ethiopia, is to sign a franchise agreement with Marriott International to build a four Star Courtyard Hotel (near Bole Medhanialem area) in Addis Ababa and a five-Star executive apartment near Meskel Square (in front of Estifanos Church), in Ethiopia’s capital.

According to the report, Marriott International will manage the hotel and luxury apartments while Sunshine Construction PLC will construct and own the hotels.

Sunshine will invest 250 million Birr ($20 Million*) for the apartment building and 200 million Birr ($16 Million*) for the construction of Courtyard by Marriott hotel. Marriott Executive Apartment will have 110 rooms while the courtyard, whose construction has yet to be launched, will have 160 rooms.

Marriott International, which is based in Bethesda, Maryland, is a leading lodging company which has more than 3,200 lodging properties located in the United States and 66 other countries and territories.

*Based on XE.com conversion rate of 1 USD = 12.5257 ETB

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