Neil Gonsalves, a Guyanese with a passion for development, has set aside $300M to construct a boutique hotel located at Lot 14 Sheriff Street, Campbellville, Georgetown.

According to project documents with the Environmental Protection Agency (EPA), Gonsalves is building a family-owned hotel, comprising of 40 exquisitely designed rooms, guaranteed to give guests a refreshing experience that is on par with international standards.

The construction of the hotel commenced in 2021. It has been estimated that a capital investment of $300M will be required to cover costs associated with the acquisition of raw materials, construction, preparation of plans, securing permits, furnishings and associated labour costs.

This news agency understands that Gonsalves hotel occupies a total land area of approximately 511 m2, and stands at a height of 14.6 m. The hotel is divided into seven floors, with the reception area and parking space on the ground floor, a restaurant on the first floor, while the remaining floors will contain rooms of various kinds to cater to the requirements of the guests. The picture attached to this news item, shows a schematic outlook of the hotel which is poised for completion by the end of April 2023.

The establishment of Gonsalves Hotel and its La Perla Restaurant is expected to undoubtedly contribute to Guyana’s development through the creation of employment during the project’s construction and operation phases. It is estimated that approximately 15 jobs will be created during the construction phase, while operation will see the employment of approximately 35 persons.

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