From left: Tourism Minister Oneidge Walrond, TOTALTEC CEO Lar Mangal and GO Invest boss Peter Ramsaroop shortly after the MoU for the Hilton Hotel project was signed.
News Americas, NEW YORK, NY, Weds. November 26, 2020: Construction of a Radisson Blu hotel valued at 100 million US dollars and a Hilton hotel valued at 90 million US dollars is slated to begin next year in the South American CARICOM nation of Guyana.
Roy Beepat, chairman of Giftland Group Guyana, announced plans to build a Radisson Blu hotel in Guyana valued at $ 100 million. According to Beepat, the agreement has already been made to offer this five-star package to Guyana.
During the announcement, he announced that the hotel will be built where the current Giftland Mall parking lot in Turkeyen, Guyana is. The hotel extends over 12 floors and offers ample space for hundreds of rooms, banquet and conference rooms, parking lots and popular restaurant brands such as Red Lobster and Olive Garden.
Beepat is also planning high-end gyms, business and presidential suites, helipads and even an international casino.
The Government of Guyana, through the Ministry of Tourism and Trade and the Guyana Office for Investment (GO-Invest), announced the signing of a Memorandum of Understanding (MoU) with the GREC Investment Group and TOTALTEC Oilfield Services Guyana Incorporated and their CEO Lar Mangal for a Hilton Hotel.
The hotel is being built in McDoom, Greater Georgetown, which is home to many companies including Gafoors, Pritipaul Singh Investment, Guyana Shore Base Inc., Farm Supplies and Schlumberger.
Construction is expected to take two years. Mangal is excited to accelerate this multi-million dollar project.
“We see this as a great opportunity for Guyana to build further local capacity to support multiple sectors, of course the tourism sector. We see this as very fast and dynamic given the emerging oil and gas sector, ”the Guyana Times quoted him as saying.
Mangal added that the hotel will be placed in a very unique location to support the cross-industry business that will have a long-term impact, and said the launch of a branded hotel like the Hilton is a breakthrough in terms of the world-class hotel in Guyana founded.
“The intent of this project is to continue to support local development capacities by engaging more Guyanese suppliers and contractors in very unique high-level development projects,” he said. “As a result, more and more activities outside of Guyana are being shut down and brought ashore to Guyana to be supported by Guyanese who work with Guyanese in Guyana.”
President Irfaan Ali said the Guyana government plans to build four new branded hotels by the end of his first term.
The construction of these world class hotels is considered timely for Guyana, which has gained worldwide acclaim since the discovery of oil, which the country is expected to see significant developments in various sectors.
The Guyana Marriott Hotel officially opened in April 2015. It comprises a total of 192 rooms and five suites on nine floors and offers workplaces for around 250 people and around 100 indirectly. The $ 51 million project was first launched in November 2011.