Karisma opens $175 million hotel complex in Punta Cana

Karisma Hotels & Resorts inaugurated this Wednesday a five-star hotel complex in Punta Cana, Dominican Republic, which involved an investment of US$175 million and will generate 2,200 direct and indirect jobs.

President Luis Abinader participated in the inauguration ceremony of the Margaritaville Island Reserve Cap Cana, a project that has 519 rooms, including 40 luxury villas and one suite.

It also has a spa, six restaurants, three bars and a brewery, as well as a training center, several swimming pools, entertainment and nightlife venues and an amphitheater for shows.

Abinader affirmed that the opening of the complex “comes at a great moment for tourism in the country, within the framework of the excellent data on the rebound of national tourism activity recently presented”.

“Undoubtedly, the commissioning of this new hotel will contribute to the economic revitalization of the region that has been underway for years, creating dozens of jobs for people from nearby towns and other parts of the country,” Abinader said, according to a statement from the Presidency.

The Dominican Republic received 4.99 million tourists in 2021, a figure that is double the 2020 numbers, but 22.5% lower than the 2019 data.

The Caribbean country has experienced a rapid recovery in tourism since reopening its borders in July 2020, and ended the year stringing together four consecutive monthly records in tourist arrivals between September and December.

The U.S.-owned Karisma Hotels & Resorts group manages several luxury hotels in Mexico, Jamaica, the Dominican Republic and Montenegro.

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