Cape Verde government signs investment agreement for construction of Hilton Praia Hotel
The Government of Cabo Verde (Cape Verde) signed an investment agreement with TRG Praia, of the Resort Group PLC, on Friday in Praia to build the five-star Hilton Praia hotel, the government said in a statement.
The project, which will be managed by the Hilton Worldwide hotel chain under a 20-year contract, will feature 201 rooms, restaurants, bars, leisure and entertainment areas, general and private pools, a spa, health club, convention centre and meeting rooms, along with other facilities required for the hotel to operate.
At a cost of 45 million euros, Hilton Praia is expected to create around 150 direct jobs and will represent a “significant increase” in the country’s tourism capacity, according to the government statement.
The Hilton Praia, which will be only 6 kilometres from Praia international airport as well as the capital city’s port, is scheduled to open in May 2019.