Malabo, Equatorial Guinea The Sofitel Malabo President Palace is an exquisite, luxury hotel located right in the historic heart of the capital, close to all the key cultural attractions as well as the business and administrative buildings, just 10 min from the airport. Elegantly. converted from an 18th century cloister, this 5-star hotel is a feast for the eyes featuring colonial Spanish architecture, overlooking one of the region s deepest ports. Note: international credit cards are not accepted in Equatorial Guinea.