Ten things about the M******* that will totally blow your mind!!!

1) The National Assembly passed a motion on December 17 2012 that no further expenditure be incurred by the NICIL “on the Marriott Hotel project without the authorisation and approval of the National Assembly.”

2) The cost of each job created at the Marriott cost US$232,000 or G$46M.

3) Atlantic Hotel Inc, the owner of the hotel, has a lease on 6.8 acres of ocean front property for which they pay G$25,000 per month. Yes, that is in Guyana dollars.

4) The land is estimated to be worth around US$75 million but the company can buy it at any time within 99 years for US$1M (Source Ram)

5) The Government has given AHI a tax holiday of ten years for taxes on income and twenty years on duty and taxes on imports. (Source Ram)

5) The most expensive room in the hotel is US$809 for the Presidential Suite – four times the minimum monthly wage.

6) Some of the funds (US$30M ) to build the hotel came from the government’s sale of its shares in GT&T which paid a nearly guaranteed dividend of US$2.5M per year.

7)  The government had to move the sewer outfall at Kingston to accommodate the hotel. Cost $400M,

8) The hotel was supposed to open in August 2014. It has missed five different deadlines.

9) The amount spent to build the hotel could run the administrative costs of the University of Guyana for nine years.

10) The Chinese who built the hotel used a communal latrine in the shape of a horseshoe.