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Hospitality Group's 2015 survey ranked Ethiopia eight out of the top ten countries for chain hotel developments in pipeline with 1,326 rooms.

Hotel Nazrawi to join the Ethiopian hospitality industry in time for the African Unions golden jubilee. The ten storey hotel, built on Gabon Avenue at a cost of 150 million birr is scheduled to be inaugurated the coming may.

Negussie Awgechew, general manager of Hotel Nazrawi said that the Hotel is has a panoramic view and offers services of a modern restaurant, a roof-top bar and fitness facilities including a spa and a morocco bath. The new hotel has 55 rooms including presidential suite and executive suite.

A new system to rate hotels in Ethiopia is expected to be on line by the end of the current year announced the Ministry of Culture and Tourism. The ministry revised its rating system to match international standards on the basis of feedback from the United Nations World Tourism Organization.

The UNWTO experts concluded that the previous system needed to clarify the criteria better and to allow more time for hotels to prepare to meet standards said Sisay Teklu, coordinator of Tourism Services Competence Accreditation Directorate with the Ministry of Culture.

In its fourth regular session, Ethiopia's House of Peoples' Representatives (HPR) examined and unanimously approved a loan agreement between Ethiopia and South Sudan, aiming to bolster regional connectivity and strengthen bilateral relations.

The Ethiopian House of Peoples Representatives passed a new proclamation that encourages private sector involvement in the energy sector, according to The Reporter.

The new proclamation also reestablishes the former Ethiopian Electric Agency as the Ethiopian Energy Authority. The law was passed on Tuesday 19 November, 2013 by the House of Peoples’ Representatives (HPR).