A budget hotel that many people have been very happy with in Addis is the Yilma Hotel. It is located in the Mechanissa area of Addis not far from the Vatican Embassy and the Adoption Advocates International children's home. A shuttle from the airport is available.
The Yilma has single, double and suite rooms, though the suites are small. Cost per night: $25 for a double room and $30-35 for a suite. You will need to pay in birr, since credit cards and US dollars are not accepted. Money-changing is not available at this hotel.
There are phones in the rooms. To call out you must call the front desk and have them dial the number for you. No internet access is available, but there is an internet café across the street, and several others farther down the road. Good overnight laundry service is provided. It is also possible to get a refrigerator in the room.
The Yilma has a very nice restaurant on the main floor. I have not personally stayed in the hotel, but know several people who recommended it highly. I did have a very good meal in the restaurant on the main level, and was very impressed with the cleanliness of the bathrooms and the kindness of the staff.
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Adoptive families who have stayed at the Yilma report that the staff is exceptionally kind and helpful. A small grocery store is in easy walking distance. There are some good restaurants nearby as well, including a very nice Italian one called the 'Arcobaleno'. The food at the Arcobaleno is reasonably priced and the people who work there are nice and friendly. You can contact the Yilma via email: yilmahotel@telecom.net.et or by telephone from the U.S. at: 011-251-11-320-1269
Other Hotels in Addis:
Ghion Hotel
Hilton Hotel
Sheraton Hotel
Damu Hotel