{"id":283618,"date":"2019-08-08T08:54:30","date_gmt":"2019-08-08T12:54:30","guid":{"rendered":"https:\/\/news.google.com\/articles\/CBMiY2h0dHBzOi8vd3d3LmhvdGVsaWVybWlkZGxlZWFzdC5jb20vYnVzaW5lc3MvMTA2NjM3LWFkZGlzLWFiYWJhLWV0aGlvcGlhLXJlY29yZHMtYWZyaWNhcy1oaWdoZXN0LWFkctIBAA?oc=5"},"modified":"2026-10-17T11:36:37","modified_gmt":"2026-10-17T15:36:37","slug":"addis-ababa-highest-hotel-room-rate-africa-str-2019","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/283618","title":{"rendered":"Addis Ababa posted Africa&#8217;s highest average hotel room rate in the year to June 2019, STR data show"},"content":{"rendered":"<p>Hotels in Addis Ababa charged an average daily rate of $163.79 between July 2018 and June 2019, the highest of any African market tracked by the hospitality data firm STR, the company said.<\/p>\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" height=\"780\" width=\"780\" class=\"size-large wp-image-837906\" src=\"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2026\/10\/sheraton-addis-hotel-addis-ababa.jpg?fit=780%2C780&#038;ssl=1\" alt=\"The Sheraton Addis hotel in Addis Ababa, photographed on October 21, 2007.\" \/><\/figure>\n<p style=\"text-align: left;\"><em>The Sheraton Addis hotel in Addis Ababa, photographed on October 21, 2007. (A. Davey \/ Wikimedia Commons, CC BY 2.0) [file photo]<\/em><\/p>\n<p>The figure, measured in constant currency to remove the effects of inflation, was 1.1 percent higher than a year earlier, STR said. The next most expensive markets in Africa were the Accra area in Ghana at $160.34 and the Lagos area in Nigeria at $132.51.<\/p>\n<p>Average daily rate is calculated by dividing room revenue by the number of rooms sold, according to STR's glossary.<\/p>\n<p>STR, formerly known as Smith Travel Research, released the data ahead of the Africa Hotel Investment Forum, which Addis Ababa hosted at the Sheraton Addis on Sept. 23\u201325, 2019, Southern &amp; East African Tourism Update reported.<\/p>\n<p><strong>Sources:<\/strong> <a href=\"https:\/\/www.hotelnewsresource.com\/article106562.html\" target=\"_blank\" rel=\"noopener\">Hotel News Resource (STR)<\/a>, <a href=\"https:\/\/www.africa-newsroom.com\/press\/addis-ababa-leads-africa-in-hotel-room-rates\" target=\"_blank\" rel=\"noopener\">APO Group Africa Newsroom<\/a>, <a href=\"https:\/\/www.tourismupdate.com\/article\/addis-ababa-has-highest-average-room-rate\" target=\"_blank\" rel=\"noopener\">Southern &amp; East African Tourism Update<\/a>, <a href=\"https:\/\/www.hoteliermiddleeast.com\/business\/106637-addis-ababa-ethiopia-records-africas-highest-adr\" target=\"_blank\" rel=\"noopener\">Hotelier Middle East<\/a>, <a href=\"https:\/\/www.costar.com\/products\/str-benchmark\/resources\/glossary\" target=\"_blank\" rel=\"noopener\">STR glossary<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Hotels in Addis Ababa charged an average daily rate of $163.79 between July 2018 and June 2019, the highest of any African market tracked by the hospitality data firm STR, the company said.<\/p>\n","protected":false},"author":30,"featured_media":837906,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7911,8],"tags":[],"class_list":["post-283618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2026\/10\/sheraton-addis-hotel-addis-ababa.jpg?fit=1280%2C830&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-1bMu","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/283618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=283618"}],"version-history":[{"count":2,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/283618\/revisions"}],"predecessor-version":[{"id":837918,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/283618\/revisions\/837918"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/837906"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=283618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=283618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=283618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}