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Grand Opening “Yogh Hospitality” Business Hotel in Paramaribo

President Chan Santokhi Unveils Paramaribo’s Newest Gem: A Spectacular Hotel with 9 Floors and 108 Exquisite Suites

Grand Opening “Yogh Hospitality” Business Hotel in Paramaribo

The “Yogh Hospitality” Business Hotel located at the Domineestraat, was inaugurated on Thursday evening by President Chan Santokhi.

“Yogh Hospitality exudes global allure and aspirations. The hotel spans a total area of 20,000 m2, employing already over 400 people. It boasts 9 floors with 108 fantastic suites, a business center, and 3 commercial spaces,” shared director Jules Ramlakhan with the attendees. The multimillion-dollar investments were made from the profits of the Yokohama Group of Companies.

Ramlakhan provided insights into the hotel’s layout, featuring staircases and elevators. Each floor has a dedicated electrical and technical space for the safe operation of individual levels. There are automatic sprinkler and fire hydrant spaces for everyone’s safety in the building.

  • Basement: laundry room, storage spaces, staff area, and technical room,
  • Ground floor: hotel lobby, travel agency, bakery, patisserie, and casino.
  • First floor: for future destinations, expansion of business activities, and facilities
  • Second, third, and fifth floors: suites
  • Fourth floor: pool, spa (sauna, hammam), gym, meeting room, kitchen, specialty restaurant, wine cellar, and 4 exclusive suites, VIP dining room
  • Sixth floor: restaurant, kitchen, ballroom, banquet, pre-function space (area outside the ballroom for buffets and social gatherings)
  • Seventh floor: exclusive bar and restaurant
  • Eighth floor: exclusive bar and restaurant with city view

In addition to President Santokhi as the guest of honor, the Guyanese government was represented by the Minister of Legal Affairs and Attorney General, Mohabir Anil Nandlall. He noted that the Yokohama Group is well-represented in Guyana across various sectors. He remarked on the beauty of the hotel and expressed satisfaction that Yokohama is building one of the largest and most modern hotels in his country. President Santokhi emphasized that Yogh Hospitality will undoubtedly make a significant contribution to the development of the tourism sector. He noted that the capital is in the hands of the private sector, and entrepreneurs should receive support from the government, aligning with the government’s policy.

Ramlakhan shared that the project started in 2018 and “withstood Covid, a change of government, a deep crisis, the well-known Ease of Doing Business in Suriname, the consequences of global turmoil, and the prolonged, continuous boycott by major banks. This boycott is regrettable as both Suriname and the banks miss out on substantial earnings. However, where there’s a will, there’s a way; where there’s no way, there’s a detour. After all, all investments have been made through the profits of the companies belonging to the Yokohama Group.” However, not everything was challenging.

Yogh Hospitality is a company belonging to the Yokohama Group of Companies. All these companies are Surinamese-owned! Here and abroad, Ramlakhan stated, listing them neatly.

Suriname

  1. Yokohama Trading N.V. (carsales and parts dealer)
  2. Central Money Exchange N.V. (currency exchange)
  3. Sunedo Wisselkantoor N.V. (currency exchange)
  4. N.V. Deep Sea Atlantic (fish production, processing, and export)
  5. Green Wood World N.V. (roundwood production and export)
  6. Parfind N.V. (Port facility under construction)
  7. N.V. Goudkust (gold production, purchasing, and export).
  8. Rocco Pallas N.V. (civil construction and engineering)
  9. Promax Trading N.V. (import, wholesale, and retail)
  10. Suribet N.V. (betting and lottery)
  11. YsecIt N.V. (Software and network)
  12. Hawk Security N.V. (Security)
  13. UTV/Sun (Media)
  14. Yogh Hospitality N.V. (hotel business)
  15. Mirage Casino and Hotel
  16. Tropicana casino and hotel
  17. Atlantis casino and hotel
  18. Savannah casino and hotel
  19. Magic Island casino
  20. Future Trading Impex N.V. (import and wholesale)
  21. South East Impex N.V. (Import and wholesale)

Guyana

  1. Carnival Casino
  2. Yokohama Trading Guyana Inc. (carsales and parts dealer)
  3. Superbet (Betting company)
  4. Rocco Pallas Inc. (Concrete mortar)
  5. Blue Bridge Inc. (Hotel under construction)

Mexico

  1. YGT Softwares Mexico (online gaming and gaming equipment)

Jamaica

  1. Yokohama Trading Jamaica Ltd. (Car sales)

Turkey

  1. AZOK (Trade in building materials, various household appliances, etc.)

India

  1. YsecIt Softwares India PVT LTD (Software development)

Bulgaria

  1. Pasha Global Inc. (no longer active)

Hong Kong

  1. Allevia Services & Investments Inc. (Trade and investment)
  2. BT Hospitality (Hotel booking, Hotel Management, Hotel staff recruitment, and Hotel payment services)
  3. BT Financial Services (no activities yet)

Uganda

  1. Simba Casino

In total, there are over 4,000 employees in the companies (2500 in Suriname and 1500 abroad). “As a dream and goal, this group has always pursued pro-Surinamese efforts. We want a united, prosperous Suriname for everyone! We have continuously worked to elevate Suriname, by consistently reinvesting the profits made by the various companies. Hence, Yogh Hospitality now,” noted Ramlakhan.

Source: https://www.starnieuws.com/index.php/welcome/index/nieuwsitem/79126

Date: 30 December 2023

Categories:  Economic News, International News, Suriname, Tourisme 

Tags:  Accommodations, Government Guyana, Government Revenues, Government Suriname, President Chandrikapersad Santokhi 

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