Alvino Hotel Resurrected

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LBDI president John B. S. Davies cutting the ribbon, marking the opening of the new Alvino Hotel

Following arson attack in 2015, leading hotel in Ganta back in business, better than ever

After years of devastation, the Alvino Hotel in Ganta has now reopened to the public, with new design and with modern facilities.

Opening ceremony, which was held on Saturday, September 22, 2018, brought together some high profile bankers and business executives of Liberia, including president of the Liberian Bank for Development and Investment (LBDI), John B. S. Davies and his predecessor, Mr. Francis A. Dennis; as well as the President of Liberia Business Association, among others.

In his opening remark, the proprietor of the Alvino Hotel, Prince Howard, explained his ordeal about how his hotel was destroyed and the resilience it took to have the hotel restored.

He praised LBDI for assisting him the process of reconstructing the building.

“With resilience, I championed the cost of reconstructing the facility to restore hope to those who rely on the investment for employment,” he said. “With the invaluable assistance of the LBDI, I was able to work, not just to restore the existing structure and facility, but improve it to international standard.”

The Alvino Hotel suffered an arson attack by an angry mob on September 30, 2015, when they linked Howard to the death of a motorcyclist who was found brutally murdered in Ganta. The mob ransacked the hotel, burnt down his private residence and even destroyed the three-storey minimart, speculating that he was behind the killing for ritual purposes.

He condemned the act and considered the perpetrators as “limited in life”, saying, “blood does not make money, so we should stop deadly envy and invest in infrastructure.”

“Liberians, let us invest in ourselves and the LBDI, our Liberian bank, because it through the LBDI that I was able to build the first Alvino and now this new one,” he said.

Partial view of the new Alvino Hotel in Ganta

LBDI president Davies said he was disappointed and frustrated when heard people say that Alvino was built with blood money, in spite of the fact that LBDI had loaned Mr. Howard US$100,000 for the first construction. He said all of this happened because the state failed to protect taxpayers against violence.

Mr. Davies explained that following the attack, they tried by all means to get the state to pay for the damaged properties, but their efforts failed.

He said the LBDI will not allow the investment of its entrepreneurs go into ashes. Therefore, after their efforts to get the government for the damage failed, the LBDI decided to loan Howard another US$300,000 to rebuild the hotel.

He said that LBDI will continue to support the hotel until every aspect or condition is improved.

Senator Oscar Cooper thanked the LBDI for the support given Prince Howard for the second time. “It is the private sector that will support this country,” he said, calling on the government to do more to help businesses.

He urged the management of new Alvino to insure the property and encouraged Liberians to be strong in business and stop relying on government.

Francis Dennis, former president of LBDI and of the Liberia Chamber of Commerce, encouraged Howard to keep on, saying, “A setback is a set up for comeback.”

The new Alvino Hotel is one of the leading hotels in Ganta, with electronic doors, a modern conference room with wireless projector, modern bar and restaurant and two presidential suites.

Meanwhile, Howard has named the night club “9/30”, in memory of the event that devastated his properties.

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