The Starwood Hotels & Resorts Worldwide group plans to enter the Angolan market by building a 5-star hotel with 300 rooms in Luanda, the group’s chief executive Frits van Paasschen said.
Noting that the group planned to invest 120 million euros in Angola, van Paasschen told state newspaper Jornal de Angola that Luanda would be the group’s first location and that it also planned to invest in other provinces by building four star hotels and also providing professional training.
The chairman and CEO of Starwood Hotels & Resorts Worldwide visited Angola for two days in order to study opportunities in the Angolan market and to boost business partnerships.
“Our team is this week visiting several African countries with significant growth, such as Angola, Nigeria and Gabon,” said van Paasschen.
Starwood has 38 hotels in 15 African countries under the Sheraton and Le Méridien brands and the group’s strategy for Africa is to open 10 new hotels with a total of 4,200 rooms in the next three years.
The group manages over 1,000 hotels in 100 countries, under the brands of Regis, The Luxury Collection, W Hotels, Westin, Le Méridien, Sheraton, Four Points by Sheraton, Aloft and Elemente. (macauhub)