Bai Shan Lin to buy Providence hotel

A sale of the long-languishing Casique Hotel and Banquet Hall at Providence, East Bank Demerara to Chinese logging company Bai Shan Lin is being finalised, multiple sources have confirmed.

“There is an agreement (for the sale) between the two parties,” a source with knowledge of the transaction told Stabroek News. The source said that details are being finalized as the issue of government financing to the hotel is still to be dealt with and “resolved in some way.” The Chinese firm has already set up its offices in the building and a number of workers were seen there during a visit by Stabroek News to the property yesterday. When approached, officials there indicated that they could not speak English.

Stabroek News was told that the agreement for the sale was reached earlier this year. The hotel was first put on  …..To continue reading, login or subscribe now.

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