Hyatt Enters Guyana Market via Atlantic Suites Expansion and US$50 Million Hyatt Regency Georgetown Project

Guyana recorded 453,489 visitors in 2025—a 22% year-on-year increase—triggering a massive hospitality surge led by Hyatt's new US$50 million investment in Georgetown.

The hospitality sector in Guyana is undergoing a rapid transformation, shifting from a niche destination to a major hub for international corporate and leisure travel. The latest catalyst is Hyatt’s strategic entry into the market. The group has first secured a presence through the Atlantic Suites Hotel in Georgetown, which now serves as an affiliated property. This immediate footprint acts as a bridge to a more ambitious project: the development of the Hyatt Regency Georgetown Guyana.

The Strategic Shift to Full-Service Luxury

The current phase utilizes the Atlantic Suites Hotel, a property tailored for business and extended-stay guests. With 80 guestrooms and suites featuring floor-to-ceiling windows overlooking the Atlantic Ocean and the Georgetown skyline, the hotel is positioned six miles from Eugene F. Correia International Airport.

However, the long-term play is the US$50 million redevelopment led by RJR Investments & Holdings. By 2028, a new tower will be constructed adjacent to the current hotel, connected by a pedestrian bridge. This expansion will transform the site into a full-service 240-room Hyatt Regency. The upgraded facility will include:

• A signature restaurant and market
• A dedicated lobby bar and rooftop bar
• Expanded professional meeting and event spaces

This transition moves the property from an extended-stay model to a premium full-service experience, catering to the high-demand energy, construction, and government sectors currently driving Guyana's economy.

Economic Drivers and Tourism Data

The timing of this investment aligns with extraordinary macroeconomic growth. In 2025, Guyana's economy grew by an estimated 19.3%, with non-oil real GDP increasing by 14.3%. Tourism has become a cornerstone of the government's diversification strategy, as evidenced by the following visitor trends:

Metric	2025 Data	2026 Projection
Total Visitors	453,489	550,000
Annual Growth	22% (vs 2024)	Ongoing Trend
Top Market (US)	40% of total	Expected Growth
Top Market (Caribbean)	33% of total	Expected Growth

The Guyana Ministry of Finance has highlighted the services sector as a primary driver of non-oil expansion, creating a vacuum for high-end international hotel brands.

Integrating Local Infrastructure

To maximize immediate appeal, Atlantic Suites leverages a partnership with the neighboring Pegasus Hotel and Pegasus Corporate Business Center. This synergy provides guests with access to 36,000 square feet of event space, six dining venues, and the Aura Sky Lounge. This existing infrastructure allows Hyatt to capture the MICE (Meetings, Incentives, Conferences, and Exhibitions) market immediately while the 2028 tower is under construction.

The Broader Georgetown Investment Wave

Hyatt is not the only global player eyeing the capital. The city is becoming a competitive arena for luxury brands. In February 2026, the government confirmed foundation work for a 256-room Hilton-branded Georgetown Seafront Resort and Convention Centre, a GYD 63 billion investment featuring a 2,000-seat convention capacity.

Hyatt’s strategy is tiered to capture different market segments:

1. Atlantic Suites (Current): Immediate affiliated presence.
2. Hyatt Place Georgetown (Late 2026): A 136-room property focusing on streamlined business and leisure travel.
3. Hyatt Regency Georgetown (2028): The 240-room flagship for premium corporate and group travel.

Visitor Insider Tips

For those visiting Georgetown during this period of rapid expansion, the experience is a mix of old-world charm and new-world development.

• The "Golden Hour" View: If staying at Atlantic Suites, request a room with an Atlantic Ocean view. The coastline provides a unique perspective of the city's intersection with the sea.
• Dining Strategy: While the new hotels bring international menus, seek out local "cook-shops" for authentic Guyanese Pepperpot or Metemgee to balance the luxury experience.
• Navigation: Traffic in Georgetown can be unpredictable due to ongoing infrastructure projects. When traveling to Eugene F. Correia International Airport, allow an extra 45 minutes beyond the standard six-mile transit time.
• Cultural Etiquette: Guyana is a melting pot of Caribbean and South American cultures. A polite, formal greeting is generally preferred in business settings, especially when dealing with government offices near the business district.

Tourism Outlook

The long-term impact of these investments is a professionalization of the local hospitality workforce and an increase in the country's capacity to host global summits. As the Hyatt Regency completes its transition in 2028, it will officially integrate into the World of Hyatt loyalty program, making Georgetown a primary destination for high-value loyalty members from the US and Europe.

A new era of luxury is arriving in the heart of the Caribbean's fastest-growing economy.

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