Guyana is rapidly emerging as a premier eco-tourism destination, recognized globally for its pristine forests, rich biodiversity, and cultural heritage. The tourism sector is the 4th largest export earner, contributing approximately 2.3% to GDP and creating over 15,000 indirect jobs. In 2022, Guyana welcomed 288,322 visitors, generating $64.1 billion in revenue. Internationally, the country has earned accolades for its sustainable tourism practices, with eco-lodges like Rewa and Iwokrama River Lodge gaining recognition. Tourism in Guyana contributes to the nation’s Low Carbon Development Strategy and aligns with the UN Sustainable Development Goals.
Investment Opportunities and Incentives
Guyana offers a range of investment opportunities in the tourism sector, including:
- Eco-Lodges and Resorts: Development of world-class eco-retreats in interior and coastal regions.
- Niche Tourism Markets: Birdwatching, adventure tourism, sports-fishing, deep-sea fishing, and yachting.
- Hospitality Services: Hotels, restaurants, and convention services.
- Tourism Infrastructure: Investments in transport services, such as chartered air services and boat rentals.
Incentives for investors include tax holidays, exemptions on building materials and equipment, and duty-free imports for new hotels, guesthouses, and eco-lodges. Special tax exemptions are available for expanding tourism operations and tour operators, including duty-free motor vehicles and camping equipment.