American company tops bids again for Marriott Hotel with US$90m

In a second round of bidding for the purchase of the state-owned Kingston hotel – the Guyana Marriott, American entrepreneur, Ramy El-Batrawi, founder of investment group X, LLC upped his bid by US$25 million from his initial offer.
 He submitted a bid of US$90 million, the National Industrial & Commercial Investments Limited (NICIL) said following the opening of tenders yesterday.

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