VIP International Hotels invests US$ 93 million in luxury hotel in Luanda

28 August 2006

Luanda, Angola, 28 Aug – Portugal’s VIP International Hotels is going to build a 5-star hotel in Luanda, an investment that is expected to reach US$ 93 million, reported Jornal de Angola.

The project, presented in the Angolan capital at the end of last week, includes a hotel with 300 rooms, 70 suites, an aerodrome on the rooftop terrace and a conference center, the newspaper said.

The site will also have a shopping center and four towers (two for residences and two for offices), representing a total of 110 thousand square meters. The investments for these projects were not revealed.

Located on the site of the former Comandante Gika school, the construction of the hotel is expected to start in January of next year and finish at the end of 2008.

This will be the Angolan debut of VIP International Hotels, the Portuguese hotel chain that will be managing the project, after building a hotel in Mozambique.

In Portugal, the hotel chain is present in Lisbon, Sintra and Ponta Delgada, in the Azores. (macauhub)