Angola Sovereign Wealth Fund and Marriott Ink deal to debut Sheraton Hotels in Luanda

The Angola Sovereign Wealth Fund (FSDEA) has announced the signing of an agreement with Marriott International to debut the Sheraton Hotels and Resorts brand in Angola, with the upcoming Sheraton Luanda. The announcement was made during the U.S.–Africa Business Summit, highlighting Angola’s emergence as a destination for tourism and investment.

The signing ceremony was attended by several high-level government officials and institutional representatives, including H.E. Márcio Daniel, the Minister of Tourism of the Republic of Angola; Ms. Augusta Frederico Fortes, Secretary of State for Trade; Mr. Augusto Kaliquemala, Secretary of State for Tourism; H.E. Agostinho de Carvalho dos Santos Van-Dúnem, Ambassador of Angola to the United States of America; Ms Allícia Alexandra Neto dos Santos, the Director of the Institute for Tourism Development (INFOTUR), members of the Board of Directors of the Angola Sovereign Wealth Fund (FSDEA) and a representative from Marriott International.

For the Ministry of Tourism, it is a very important achievement for the sector in Angola. “The entry of Sheraton into Angola represents a strategic milestone for the tourism sector, raising hospitality standards, attracting international investment and positioning the country as an increasingly competitive destination in the global market,” said Márcio Daniel, the Minister of Tourism.

Tourism has emerged as a key pillar in Angola’s economic reform agenda, with recent measures such as expanded visa exemptions, infrastructure upgrades, and targeted investment incentives. These initiatives are positioning the country as a destination for both leisure and business travel.

“This step reflects our commitment to the strategic enhancement of Angola’s national asset portfolio, strengthening the country’s position as a competitive and growing tourist destination. At the same time, it demonstrates Angola’s ambition to align with emerging trends in the African hospitality sector, promoting sustainable investments that meet international standards of quality and hospitality,” said Armando Manuel, Chairman of the Board of Directors, Angola Sovereign Wealth Fund.

Scheduled to open in early 2026, the 326-key hotel will be strategically located on Luanda Bay, offering ocean views and close proximity to the city’s commercial, diplomatic, and cultural centres. The hotel is expected to feature a range of upscale amenities, including an all-day dining restaurant, multiple bars, 11 flexible meeting and event spaces, a fitness centre, spa, swimming pool, Sheraton Club and collaborative work and lounge spaces. 

“We’re proud to collaborate with FSDEA on bringing the Sheraton brand to Luanda — a city with remarkable potential as a gateway for tourism and investment in Angola,” said Jugal Khushalani, Senior Director of Lodging Development, Sub-Saharan Africa at Marriott International. “This agreement reflects our shared commitment to delivering world-class hospitality that supports the country’s tourism ambitions and long-term growth.”

The hotel will join Marriott Bonvoy, Marriott International’s award-winning travel programme, and become part of the Sheraton brand’s global portfolio of over 425 hotels and resorts in 70 countries and territories.

Sheraton Luanda will reflect the brand’s legacy as a gathering place for both international travellers and the local community, while embracing Sheraton’s contemporary design vision — offering intuitive, tech-forward spaces that foster connection, productivity, and a sense of belonging.