Latest update January 20th, 2025 4:00 AM
Dec 03, 2012 News
– Managing Director
Pegasus is exploring alternative energy sources including wind energy, and if all goes as planned the hotel expects to be the first ‘green’ hotel in the country, Managing Director and owner of the Pegasus Hotel, Robert Badal.
This was revealed at Pegasus’s annual customer appreciation cocktail held at the hotel Friday evening to usher in the season of festivity.
The businessman is spending US$8 million to upgrade the Pegasus Hotel which he bought from Le Meridien three years ago.
Badal is investing in the Pegasus at a time when he now has to compete with efforts by the government to establish a Marriott-branded hotel next to his hotel.
He said since the Pegasus has contributed immensely to the local economy since it has over 200 employees, earns significant foreign exchange along with paying “huge amount of taxes.”
“It provides an ideal environment for business exchanges between foreign and local businesses and diplomatic missions which lead to growth in the local business sector and the economy as a whole.”
He said Pegasus contributes to many charity functions in the form of funds and direct contributions in the form of annual discounts and free facilitation. This is a part of an overall policy of the hotel being a good corporate citizen.
“Soon after taking up the leadership of the company I outlined a plan for extensive upgrades; little did I appreciate the work, analysis and investments etc. This was further inhibited by lack of local expertise at the level required to meet the high standards, which placed Pegasus among the top luxury hotels in the region, thus actual work on the property has taken longer than expected.”
Underscoring the renovation works done to date on the hotel, the Managing Director said the entire tower block of 97 rooms has been completed, except the sixth floor; an elaborate bar known as the ignite bar has been added to the new décor; the new Aroma Café has been added along with a new Latino wine, the lobby has been completed, and other amenities have been included along with a new power generator.
If the demand justifies it, he could add a new tower comprising 150 one-bedroom suites providing ultra-modern world class facilities.
He added that in two weeks there will be a complete gym and fitness centre. In addition, all materials have arrived to change the façade of the hotel by the end of January 2013.
“This property in its 43 years has never received anything remotely close to such transformation, and all works are to be completed at the end of 2013.”
The Pegasus has been graced by Royalty and Heads of State alike.
Situated on the delta of the Demerara River and the Atlantic Ocean, the Pegasus Hotel Guyana holds the most stunning seascape views and is within walking distance of many of the major commercial and tourist sites, making it an ideal location for both business and leisure travelers.
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