Ritz Carlton chooses DR to open its first all-access hotel in the world
The Ritz Carlton chain, considered one of the most important luxury companies in the world, is preparing to open its first all-access hotel in the Dominican Republic.
The complex, which will be inaugurated in the Punta Cana-Macao area, will house two of the chain’s hotels. One of them will belong to its “Luxury Collection” and the other will be the “Ritz Carlton Punta Cana All Access”.
The project will be carried out with an investment of approximately US$250 million in the first stage. It includes the 250 keys of the Ritz Carlton, the 300 keys of the Luxury Collection and the 50 Ritz Carlton branded properties.
The project, which already has the necessary permits, is expected to break ground for construction to begin between September and October 2023.
Yamil Isaías, executive vice-president of Pioneer, said that “these are two luxury flagships, operated by Marriott, and obviously the owners are us as a Dominican investment group, which receive great support from institutions such as the AFPs and investment funds”.
He reiterated that the Ritz Carlton complex will arrive in the Dominican Republic with 250 keys and 50 residential units, where properties will be sold under the hotel brand.
“In this same area of Punta Cana-Macao, a residential component and a community village with restaurants, bars and amphitheaters will be created,” he added, according to Diario Libre.
Isaías also explained that “the project is in the final design stage. The team is currently in Washington D.C. with the global design team, and the idea is to finish it by the summer”.
