Investment Opportunities in the Caribbean

Hotel & Resort Development | GUYANA

GUYANA

Name of Project: Resorts and Lodges in Guyana

Public Sector

Mode of Investment: Varied

Guyana is home to unique flora and fauna and its overall value proposition makes it a competitive destination; however, it is equally important that the accommodation product for sustainable tourism is harmoniously integrated in a cultural and environmental atmosphere under the concept of an eco- lodge with very distinctive architectural characteristics and using a marriage of traditional and innovative technology for the preservation of the environment and natural resources. Ecolodges are by far themost profitable aspect of “Ecotourism”. However, they need to be well designed and constructed, and be ecologically and socially friendly. Taking into consideration the current international demand for low- impact experiential destinations, it is crucial that the design, development and operations of Guyanese Ecolodges place the social and ecological integrity of the respective regions and cater to the discerning travellers’ needs as a top priority. Any facility or other infrastructure should be developed in a responsible manner, at a scale that is appropriate to the local ecological and cultural situation: Region Four - Outside of the capital city can cater to short term and long-term stays targeting the expatriate population and other travellers interested in this type of lodging arrangement. Streams and creeks are located in relatively close proximity to the city and main airport which can form the basis for activities and main tourism hotspots for the eco-lodges. Ancillary services are quite accessible. Region Nine - The Rupununi Circuit is known for its rustic lodging located near indigenous communities, natural attractions and core activities. Birding, Sport Fishing and Adventure are the top niche tourism products that can be scaled up in the Rupununi, the growth of these niches will require increased accommodation capacity. Lodges with entertainment amenities and ancillary services have wide scope for development in Guyana. The domestic, diaspora and oil and gas community in particular have a preference for upscale, quality centric, all- inclusive resorts. Region Two - This region is home to five great lakes that can develop luxury all-inclusive resorts. Mashabo and Tapakuma are two of the major lakes with no current lodging facility. Region Three - Outside of the capital city can cater to short term and long- term stays targeting the expatriate population and other travellers interested in this type of lodging arrangement. Streams and creeks are located in relatively close proximity to the city and main airport which can form the basis for activities and main tourism hotspots for the eco-lodges. Ancillary services are quite accessible. Region Eight & Nine - The Rupununi Circuit is known for its rustic lodging located near indigenous communities, natural attractions and core activities. Birding, Sport Fishing and Adventure are the top niche tourism products that

Investment amount required in US$: Contact GO-INVEST for fur- ther information: goinvest@goinvest.gov.gy

13