Palma Guinea Hotel, Conakry, Guinea

Construction of the greenfield development of the first internationally branded, five-star hotel in Guinea, West Africa on 45 000m². The hotel will comprises a 12-floor building, which will permit sea views from all the rooms, 185 guest rooms, 85 twin suites, 20 executive suites, 11 junior suites and one royal suite; four restaurants, six meeting rooms and one ballroom; and shops, a pool, a spa/fitness centre, a children's play area, two bars and public terraces. Conveniently located just 15 minutes from Conakry International Airport, the hotel will also feature more than 1,100 square meters of modern meeting and function space, including a ballroom for special events, and is set to become the gathering place of choice for global business traveller. Estimated value : $61 million.