Development Pipeline Scheduled for Q4 2023

Hyatt Place Georgetown Demerara

Hyatt Announces Plans for Hyatt Place Georgetown Demerara

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with SIR Investments Guyana Inc. for the development of Hyatt Place Georgetown Demerara. Expected to open in 2023, the 125-room hotel will be managed by Aimbridge Hospitality and signifies the first Hyatt-branded hotel in Guyana.

Hyatt Place Georgetown Demerara ......

Photo by Hyatt

Located in the Providence community in East Bank Demerara, Hyatt Place Georgetown Demerara will be located only 15 minutes away from the commercial hub of Georgetown and 22 miles from Cheddi Jagan International Airport. The area is already established as one of Guyana's primary residential areas and features key attractions and amenities such as the National Stadium, the Princess Theatre and Hotel and a vibrant mix of retail shops and restaurants.

With a groundbreaking event slated for this month, Hyatt Place Georgetown Demerara is projected to open in the fourth quarter of 2023. Known for its elevated amenities and uncomplicated experience, the Hyatt Place brand expands its presence in South America.

The Hyatt Place brand is rooted in extensive consumer insights indicating that guests seek stylish, comfortable experiences that accommodate their lifestyles and familiar routines. To embody this, the brand offers approachable hospitality and purposeful service in a smartly designed, contemporary environment.

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Hyatt Place hotels combine style, innovation and 24/7 conveniences to create an easy to navigate experience for today’s multi-tasking traveler. Guests can enjoy thoughtfully designed guestrooms featuring distinct zones for sleep, work and play, and free flowing social spaces that offer seamless transitions from work to relaxation. With more than 300 locations globally, Hyatt Place hotels offer freshly prepared food around the clock,...

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2024, the Company’s portfolio included more than 1,350 hotels and all-inclusive properties in 78 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt...

Aimbridge Hospitality is a leading, global hospitality company offering best-in-class hotel management services across a broad spectrum of franchised branded full service, select service, luxury hotels, destination resorts, convention centers and lifestyle hotels. Aimbridge's premium portfolio represents over 1,500 properties in 50 states and 23 countries, inclusive of pipeline.