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March 15, 2011
  • Hyatt Regency in Punta Cana
  • Work advances on El Coral highway
  • Alliance for the Colonial City
  • Caribbean Cigar Night
Hyatt Regency in Punta Cana
Hyatt Hotels Corporation announced it has signed a management and licensing agreement for Hyatt Regency Cap Cana Hotel, Villas and Residences. The 201-room hotel will be located in the Cap Cana residential and tourism complex in Punta Cana. It will feature 46 Hyatt Regency-branded residences and 12 villas. Cobbo Bay Developers SA will develop the project. A Hyatt affiliate will be a minority equity investor in an affiliate of Cobbo Bay Developers, the entity that will develop and own the hotel, villas and residences.
A Hyatt press release indicates that the hotel is scheduled to open in early 2014.
"The development of Hyatt Regency Cap Cana represents an outstanding opportunity to further Hyatt's expansion in the Caribbean and in the rapidly growing Dominican Republic, which welcomed over four million visitors in 2010," said Pat McCudden, senior vice president, real estate and development - Latin America, Caribbean, and Mexico for Hyatt Hotels & Resorts. "Having a presence in Punta Cana will further Hyatt's goal of becoming the most preferred brand in all the segments we serve by adding a hotel in this key resort destination where Hyatt is not currently represented."
"We are thrilled to be involved in the introduction of the Hyatt Regency brand to the Dominican Republic," said Jesus Barderas, President of Cobbo Bay Developers SA. "This introduction is a testament to the brand's global appeal, and Hyatt's well-established reputation as a preferred management company."
Hyatt says that the property developer is Leading Property Group (LPG), a development company with a vast track record in the region. LPG is lead by Benny Guevara, a seasoned hotelier who has maintained ties to the DR since the early 1980s.
The hotel will feature of variety of amenities including several restaurants, a pool, a spa with eight treatment rooms, a fitness center, and Camp Hyatt, a resort program created especially for children. Additionally, the property will feature more than 10,000 square feet of meeting and function space. The hotel will be located approximately 10 minutes by car from Punta Cana International Airport.
Work advances on El Coral highway
Moya-Odebrecht is making progress on the construction of the El Coral Highway linking La Romana to Punta Cana. The highway continues east from the current four-lane San Pedro de La Romana Highway. As reported in Casa de Campo News, the La Romana by-pass was initially planned as a two-lane highway and has now been expanded to a four-lane, 16km long lighted highway with three traffic exchanges and two bridges. It is scheduled for completion in September 2012.
The bypass, now located three and a half kilometers further west of La Romana, is the final link along the 223km eastern corridor that will drastically reduce travel time to and from Santo Domingo. It is estimated to cut travel time from Santo Domingo to La Romana to just over an hour, making it feasible for people to live in La Romana and commute to Santo Domingo for work. The new 70km highway will be a toll road, as reported.
Alliance for the Colonial City
The schools of architecture of the UNPHU university in Santo Domingo and the University of Puerto Rico have joined forces with the Dominican Committee of the International Council of Monuments and Sites (Icomos) and the City of Ovando Association that groups leading businesses in the sector to create a platform for the development of the full potential of the Colonial City as a major tourism attraction, as reported in Hoy. The alliance was formed in response to the lack of coordination between the community, businesses and other players, which they consider an obstacle to the achieving of the Colonial City's full potential. The initiative will now be known as "Working Together: Encounter and Voice of the Traditional and Contemporary City". The universities are working to document the weaknesses of the Colonial City. The multi-sectorial alliance seeks to create a network of the organizations and companies that have incidence on the area. Signing for the University of Puerto Rico was Manuel Bermudez, and for the UNPHU Omar Rancier. Virginia Flores signed for Icomo, and Lisandro A. Macarrulla signed for the City of Ovando Association.
Speaking during the signing of the agreement, Macarrulla stated that the aim was to get all sectors of society involved and listen to the needs of the stakeholders so that projects may come forth that take into account lessons learned from the development of other colonial cities like San Juan, in order to replicate what worked and discard what didn't.
Caribbean Cigar Night
The Playa Dorada Hotel Association is holding Playa Dorada's Third Caribbean Cigar Night 2011 on Friday, 25 March at 7:30pm at the Playa Dorada Golf Club. Musical entertainment will be provided by Puerto Plata jazz musician Sandy Gabriel.
The sponsors include Macanudo, Davidoff, Montecristo, La Autora, Arturo Fuente, Fonseca and Quesada cigars. The RD$4,000 admission price includes dinner, drinks and a gift pack. Proceeds will be donated to Integracion Juvenil, a youth program in Puerto Plata. See www.cigarnightpop.com

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