The doors to a 200-room Sheraton Hotel and a residence facility are set to open at Providence, East Bank Demerara by 2025 with the recent signing of an agreement.
The Sheraton Hotels & Resorts brand signed the agreement with H-Towers Inc. – a Guyanese owned company – and its U.S. based partners, Triwest Financial Group, Inc. and Black Pearl Holding Co.
In a press statement, it was revealed that the two-tower project will expand the company’s existing portfolio in the country and a sod-turning ceremony will take place in the coming months.
The anticipated 200-room hotel will feature a mix of king and double rooms and several suites, including a Governor’s suite and a sophisticated Sheraton Club Lounge.
In addition, planned amenities for the hotel include a swimming pool, 24-hour fitness center, specialty restaurant, meeting and conference rooms, state-of-the-art spa, and the brand’s signature bar, coffee, market concept.
Drawing on its roots as a community hub for locals and visitors alike, the Sheraton Hotels & Resorts brand said it creates an intuitive and holistic experience with spaces to connect, be productive, and help travelers feel connected to the local community.
In addition to seamless technology integration and an elevated food and beverage philosophy, the layered design balances a sense of timelessness with a fresh and modern feel, that aims to make guests feel comfortable and at ease, whether working, meeting or relaxing.
The project includes a residential component, as well, and 224 residences will be housed in the second tower, connecting with the hotel via a sky bridge.
Construction for the two towers is slated to begin at the end of the year, with an expected completion date in 2025.
Marriott International is spearheading the Sheraton brand entry into the local market.
To this end, Marriott International’s Chief Development Officer for the Caribbean and Latin America Laurent de Kousemaeker said it was a happy moment to bring the brand to such an exciting destination.
“The signing of this new project is a significant moment and the brand’s rich heritage is an excellent fit for this growing market… we are very honored to be given the opportunity to bring such a recognizable brand to the market, knowing the impeccable standards Guyanese and international guests alike will enjoy,” he was quoted as saying in the statement.
Meanwhile, according to the statement, Executive Director of H-Towers Kerwin Bollers also welcomed the project as being timely for Guyana’s development.
Given Guyana’s growing demand around accommodation for visitors, the project came to life when the Government of Guyana, through its Go-Invest Office, launched an Expression of Interest (EOI) in 2021 for hotel developers.