Assets Group partners with Hilton for expansion to new country in the Caribbean and Latin America with Dual Brand Signing in Guyana

Georgetown, Guyana and Miami: Hilton (NYSE: HLT) announced the signing of the dual brand Hilton Georgetown and DoubleTree Suites by Hilton Georgetown,...

Georgetown, Guyana and Miami: Hilton (NYSE: HLT) announced the signing of the dual brand Hilton Georgetown and DoubleTree Suites by Hilton Georgetown, as the company’s first hotels in Guyana. Owned by an affiliate of Assets Group and managed by Hilton, the properties’ combined 411 keys will form part of an oceanfront, mixed-use business and entertainment complex in the country’s capital. With this strategic signing, Hilton continues its rapid expansion in the Caribbean and Latin America (CALA) region, where it currently has more than 225 open hotels welcoming guests.

“We believe in investing in Guyana, a country poised for significant growth and a promising future in tourism and hospitality,” said Moutaz Al Khayyat, Chairman of Assets Group. “Our choice to debut in this emerging market reflects our commitment to investing in high-potential destinations and our confidence in Guyana's trajectory. These properties are meticulously designed to offer a diversity of high-end experiences.”

“We are thrilled to further our partnership with Assets Group, broadening our combined portfolio from the Middle East and Asia to the Caribbean and Latin America with our planned debut in Guyana,” said Juan Corvinos, senior vice president, development, architecture, design and construction, Caribbean and Latin America region, Hilton. “Guyana is an important regional business hub and a promising tourism destination, and we are excited to join forces with Assets Group once again to celebrate this impressive project and significant milestone in Hilton’s continued rapid expansion.”

Centrally located in the heart of downtown Georgetown where the Demerara River meets the Atlantic Ocean, Hilton Georgetown and DoubleTree Suites by Hilton Georgetown will offer easy access to nearby embassies, businesses, and array of entertainment options, including the scenic National Park and historic sites, all within approximately six miles of the Ogle International Airport. The hotels will provide the benefit of shared spaces and amenities, while also offering unique property-specific experiences throughout their shared location.

The new build, 11-story Hilton Georgetown will feature an elevated stay experience with 253 guest rooms and suites, and an array of energizing spaces, including a striking lobby bar and signature restaurant with locally inspired menus and handcrafted cocktails. Guests will also enjoy an outdoor pool with all-day dining options.