Torarica Group

What Torarica Group does

Torarica Group is a privately held Surinamese hospitality company founded in 1962 and headquartered in Paramaribo, the capital of Suriname. The firm operates a portfolio of hotels that deliver lodging, wellness, dining, and event venue services to a mixed customer base of leisure travelers and business guests. Its operating footprint is concentrated in Suriname, with the company website serving as the primary digital touchpoint (https://www.torarica.com).

The group's product surface spans the core hospitality verticals — accommodation, food and beverage, spa/wellness, and meetings/events — enabling cross-vertical revenue capture from a single guest or corporate account. As a multi-property hotel operator with a six-decade operating history, the business model is fundamentally transactional and asset-based: revenue is generated through room nights, F&B spend, wellness services, and event bookings. Distribution channels, pricing mechanics, and specific property-level economics are not disclosed in the available source material.

The company remains private, with no disclosed funding rounds, parent company, or public-ownership signals. Corporate disclosures around headcount, revenue, ownership, management, partnerships, and operating geographies are not present in the input data — the firm's own website rendered only a bot-verification/loading page during source collection, and third-party sources did not surface operational details. As a result, any analytical claims beyond the firm's basic hospitality profile are necessarily limited, and the most material data gaps are financial scale, ownership structure, and management composition.

Name

Torarica Group

Website

https://torarica.com

Company type

Private

Founded year

1962

Short description

Torarica Group is a Surinamese hospitality company, founded in 1962 and headquartered in Paramaribo, operating a portfolio of hotels that provide lodging, wellness, dining, and event venues for leisure travelers and business guests.

Ownership category

akta.pro rank

Product category

Hospitality Services

NAICS

Hotels (except Casino Hotels) and Motels (72111), All Other Traveler Accommodation (721199)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Resort-Area Full-Service Hotels (Non–All-Inclusive) (THAGAAAD)

akta.pro secondary industries

Destination Spa Resorts (THAGAMAA), Luxury Wellness & Spa Resorts (THAGACAG)

Keywords

• Hospitality services
• Hotel lodging
• Wellness services
• Event venues
• Leisure accommodation

Headquarters

HQ city

Paramaribo

HQ country

Suriname

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Core offering

Torarica Group operates a portfolio of hotels offering lodging, wellness, dining, and event venues for leisure and business guests. The group runs hospitality properties in Paramaribo, Suriname, providing accommodation, food and beverage, recreational/wellness, and event hosting services under a multi-property hotel brand.

Differentiator

Problem solved

Functional benefit

Products and services

• Hotel lodging Lodging/accommodation services offered through a portfolio of hotels in Paramaribo, Suriname, targeting leisure and business guests.
• Wellness services Wellness and recreational services provided to guests at the group's hotel properties in Paramaribo.
• Dining services Food and beverage/dining services offered to hotel guests and visitors at the group's hospitality properties in Suriname.
• Event venues Event hosting venues for functions, conferences, weddings, and other gatherings, available at the group's hotel properties in Paramaribo.

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Emerging players

• Sandals Resorts International: Caribbean all-inclusive resort operator relevant as a comparable in destination resort and event programming, though operating in a different sub-segment (all-inclusive, leisure-focused) than Torarica's full-service model.

Direct peers

• Hotel Krasnapolsky Paramaribo: Long-established full-service hotel in downtown Paramaribo with F&B, banqueting, and event facilities. Direct domestic competitor to Torarica in the same addressable market and customer base (business travelers, government, groups).
• Royal Torarica (in-group reference): Flagship property within the Torarica portfolio of hotels in Paramaribo. Identical operating model, brand, and ownership, included as the closest in-set comparable for benchmarking ADR, F&B, and event revenue.
• Courtyard by Marriott Paramaribo: International-chain full-service hotel operating in Paramaribo, competing head-to-head for business and leisure demand. Comparable in offering (rooms, F&B, events) but differentiated by global loyalty distribution.
• Residence Inn by Marriott Paramaribo: Extended-stay Marriott property in Paramaribo targeting longer-duration business travelers and project teams. Overlaps with Torarica's extended-stay demand and competes on consistency and brand.
• Hilton Garden Inn Paramaribo: International full-service select hotel in Paramaribo with F&B and meeting space. Comparable offering and customer mix (corporate, government, leisure); direct competitor for rooms and event share.

Regional players

• Sabiya Hospitality (Suriname jungle lodge group): Suriname-based lodge and eco-resort operator with wellness and curated experiences. Comparable on destination-resort and wellness positioning in the same country; partial overlap rather than head-to-head competition.

Broad incumbents

• IHG Hotels & Resorts: Global multi-brand operator with presence across Caribbean and northern South America; comparable in full-service offering and event capability. Not a direct Paramaribo competitor today, but a likely entrant or partner.
• Wyndham Hotels & Resorts: Large multi-brand franchisor active across the Caribbean and Latin America. Comparable lodging offering and increasingly relevant for middle-market guests in Suriname; relevant benchmark for branding/franchise economics.
• Accor (Novotel / ibis Paramaribo): Global hotel operator with select-service and midscale brands active in Paramaribo. Comparable lodging offering but broader portfolio reach; competing on distribution rather than local differentiation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/torarica
• LinkedInlinkedin.com/company/the-torarica-group

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Torarica Group