Jewelz by King’s Hotel opens for business; to create jobs, boost tourism

A new era of luxury hospitality in Georgetown was heralded with the opening of Jewelz by King’s Hotel — a state-of-the-art facility developed by the family known for its prestigious King’s brand.
The investment goes beyond family achievement, marking national progress by creating jobs and supporting economic growth.

On Friday evening, top Government officials including President Irfaan Ali, members of the diplomatic corps, business leaders, and other dignitaries witnessed the launch of this impressive hospitality facility.
The hotel is another investment by the Persaud family, who are behind the internationally recognised King’s brand. King’s is Guyana’s leading luxury retailer, known for exquisite and intricate pieces of jewellery and luxury goods such as clothes, watches, and other accessories.
Speaking at the launch, President Dr Irfaan Ali emphasised that this achievement is not merely a family accomplishment but one for the entire nation, as it creates jobs and bolsters economic growth.
“This is Guyana’s achievement. If we try to narrow this to a family achievement, we would be doing an immense disservice to the sacrifices, time and investment of this family, because they did it for Guyana. They did it for the development and advancement of our country. So today we are celebrating Guyana, and I’m proud to be part of this team celebrating Guyana,” the President noted.
“I had the privilege of pre-touring this hotel. It is not just a hotel; it is a luxury home away from home. Every detail in this hotel reflects a personal priority for quality, and you will see it for yourself,” he added.
He reaffirmed his administration’s commitment to public-private partnerships, citing the opening of Jewelz King’s Hotel in Georgetown as a symbol of the new era of development and opportunity that Guyana is entering.
The Guyanese leader outlined a bold vision for economic expansion and infrastructure development, emphasising the Government’s target to accommodate three million people passing through the economy by 2030.
“By 2030, we aim to accommodate 3 million passengers passing through this economy. We need to reach that number because of the infrastructure that we’re building. I can’t tell all these doctors to come back here, all the lawyers, all the engineers, all the nurses, if we’re not creating the demand for the services that they’re going to invest in. We have a duty to do everything to get people passing through this economy, to create the demand that is needed. And that is what we’re going to do. Don’t worry, I’m far from finished,” he declared.
The President also mentioned that he highly believes also in the power of public-private partnership. He added that the hotel symbolises a new era — one where high rise doesn’t replace heritage. They stand beside it, complementing the old charm of a city once called the Garden City. We are going to make it the Garden City of the world.”
With initiatives like these underway, Guyana’s tourism sector is experiencing unprecedented growth. According to the Head of State, visitor arrivals have skyrocketed from just over 86,000 in 2020 to more than 371,000 last year, with projections now standing at 420,000.
We started by unlocking our skies. Nine new airlines began flying to Guyana since 2020. Nine new airlines —don’t just come. The economics must make sense, their feasibility studies must make sense, that is why they come. Guyana makes sense. Investing in Guyana makes sense. And that is just a simple fact.”