Hyatt Place Georgetown Demerara — Photo by Hyatt

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.

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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