Grupo Martinón and Banco de Reservas formalized the agreement for the construction of the first two hotels that will operate in the Punta Bergantín project, in Puerto Plata, under the Hyatt hotel brand, which will have an investment of over US$200 million.
The agreement was ratified at the International Tourism Fair (Fitur 2024), in the presence of Gabriel Felip, president for Latin America of the Hyatt Group; Enrique Martinón, of the Martinón Group; Samuel Pereyra, general administrator of Banco de Reservas; Andrés Marranzini, director of the Punta Bergantín trust and the Minister of Tourism, David Collado.
The master plan of the project has an area of 9.6 million square meters. In the first stage, 2,000 rooms will be built, of which 700 units will start.
Both hotels are in the design phase and will begin construction in the middle of this year. Grupo Martinón will incorporate this hotel property to the new Bergantín destination, and they will be operated under the Hyatt Ziva and Hyatt Zilara brands.
Gabriel Phillip expressed his satisfaction for the support the hotel company has received during the years it has been operating in the DR, where he said they feel at home.
He believes that the hotel project will be a great success and highlighted the support offered to tourism and the development of the country by the Banco de Reservas, the Ministry of Tourism (Mitur) and the government of President Luis Abinader.
In turn, the general administrator of Banreservas affirmed that it will be the most important hotel investment that has been made in the last 20 years in the northern coast of the DR.
Pereyra said that it is a source of pride for the DR to achieve the re-launching of the Puerto Plata Tourist Pole, where the development of this sector began.
He recalled that the Bergantín project was presented a year ago at Fitur to European and North American investors, which is now a reality, thanks to the confidence placed in the country and the interest shown by President Abinader to relaunch the tourist destination of Puerto Plata.
“Today this project is a reality achieved together with the Martinón Group and the Hyatt Group, with the construction of the first hotel, which will have an investment of more than US$200 million,” he said.
He also invited investors to continue trusting in the DR as a tourist destination and reiterated that the Banco de Reservas will continue to be a firm ally of the sector, “to continue supporting this type of project”.
The international promotion of Punta Bergantín as a tourist and investment destination is part of the joint effort of the Ministry of Tourism and Banco de Reservas, which manage the attraction of foreign investment and offer facilities for the development of hotel infrastructures that contribute to national development.
Banreservas plans to allocate DR$150 million to finance tourism projects in the area. Upon completion, Punta Bergantín is projected to have 6,000 hotel rooms, as well as 3,000 residential rooms and an academic campus to promote education and innovation in the country.