THE expansion of the Pegasus Hotel is moving apace and is expected to be completed by November 2020.
This was according to Chief Executive Officer/Owner of the Pegasus Hotel, Robert Badal, in an invited comment on Tuesday.

“Everything is going good, we finished the structure of the 12-storey tower and we are working on the seven-storey facility, which is an office complex,” said Badal.
Although construction of the tower, which will be utilised for accommodations, is complete, internal work is yet to be done. The internal work includes electrical, plumbing, installation of a building management system, installation of air-conditioning units, tiling and so forth.

“We are on target to finish the tower about July next year and another four months from there on we should finish the office complex,” said Badal.
It was reported that close to US$100M will be injected into the extension of the Pegasus Hotel.

The project, which entails the construction of two high rise structures which will house the first world quality office, living spaces and all the services of a first-class hotel, is being done by China Harbour Engineering Company Limited (CHEC).
Badal had said the new project, which has been in the planning stage for quite some time, will be classed as a “Grade ‘A’ property” and is a timely addition to the country as it moves rapidly ahead in the oil and gas sector.

“It’s a very innovative project and I think our country needs it at this time looking at what we’re expecting in 2020 in terms of the oil and gas sector.

“This project has been planned for a long time and the team I have, we’ve been working on it for the last year. So, I’m very happy we’re at the stage where we’ve met now and this launch here today is the first step towards doing construction,” the proprietor said.

The current facility, which was built by renowned British construction firm, Taylor Woodrow, has hosted guests from all walks of life. Queen Elizabeth II, former President of the Unites States of America, Jimmy Carter, Bollywood legend Amitabh Bhachan, and pop star Mick Jagger, have all enjoyed the unmatched ambiance and comfort of Guyana’s premier hotel.