Oil Is Reshaping Guyana’s Economy — and Driving a Hotel Boom

Guyana’s newest international hotel deal began with an operating property, an adjoining tower and a $50 million plan for one of Georgetown’s best-known hotel addresses. To access this content, subscribe now. Caribbean Journal Invest is the leading authority on hotel, real estate and investment news in the Caribbean. Subscribe today to unlock this article and […] The post Oil Is Reshaping Guyana’s Economy — and Driving a Hotel Boom appeared first on Caribbean Journal.

Oil Is Reshaping Guyana’s Economy — and Driving a Hotel Boom

Guyana’s newest international hotel deal began with an operating property, an adjoining tower and a $50 million plan for one of Georgetown’s best-known hotel addresses.

Hyatt Hotels Corporation and RJR Investments & Holdings have brought the 80-room Atlantic Suites Hotel into the Hyatt portfolio as an affiliated property, giving the company its first hotel in Guyana. A new tower will eventually connect with the existing building, creating the 240-room Hyatt Regency Georgetown Guyana in 2028.

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The post Oil Is Reshaping Guyana’s Economy — and Driving a Hotel Boom appeared first on Caribbean Journal.