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The new 36 room Sheger Royal Hotel which is located around Bole Medhanyalem, opens its doors after a four year construction. The G+8 building lies on 500sqm of land. The hotel is expected to employ 80 people.
Sheger Royal Hotel is owned by Tadele Kassa, who has worked in the construction and retail business. He spent over 200 million birr to build the hotel. His construction company built the hotel.
It has one restaurant, two bar and a parking lot for 20 cars. It also has a spa with a steam bath, a gym and presidential room.  It was officially inaugurated on Saturday May 12.