KARISMA PRESENTS NEW HOTEL INVESTMENTS IN THE DOMINICAN REPUBLIC

In a meeting with President Danilo Medina, the CEO of Karisma Hotels & Resorts, Rafael Féliz Germán, announced the construction of the El Dorado and Sensimar hotels in Cap Cana, Margaritaville in Punta Cana, as well as the expansion of the Nickelodeon Punta Cana Hotel, with a total investment of about US $ 300 million.

Santo Domingo, Dominican Republic. October 18, 2017.- President of Karisma Hotels & Resorts, Rafael Féliz Germán, visiting the Dominican Republic’s President, Danilo Medina, announced the new investments that the international hotel corporation will be making in the Dominican Republic in the coming months, with a total investment of about US $ 300 million, and a generation of 3,000 direct jobs and 5,000 indirect jobs, through the new hotel developments.

Féliz Germán explained to Medina that by the spring of 2018, Karisma Hotels & Resorts will start construction of the El Dorado Resort and Sensimar Resort hotels in the Cap Cana tourist destination, which will have 250 rooms each, together with the Gourmet Inclusive® concept  by Karisma and framed in a luxury hotel proposal for adults. The planned investment in these two new hotels is of about 130 million dollars.

The hotel executive added that, following the agreement signed in early 2017 with the Margaritaville Holdings hospitality brand, the first Margaritaville All Inclusive by Karisma luxury resorts are being developed, including the first Margaritaville in the Punta Cana area, whose construction is also planned for 2018. This luxury hotel complex will have about 350 rooms, with a friendly family style and with the true vision of fun, relaxation and the flagship concepts in food and drinks of Karisma and Margaritaville.

Regarding the Nickelodeon Punta Cana and Sensatori Punta Cana hotels, which are part of the first hotel complex built by Karisma Hotels & Resorts in the country, Rafael Féliz Germán announced that given the success obtained by both hotels, both in the country and International level, work is underway on the expansion of the Nickelodeon Punta Cana Hotel for 2018, with a proposal of 200 additional rooms to those already owned.

Rafael Féliz said that “The Dominican Republic and the Punta Cana destination have become one of the most important in the world, the result of the work done jointly by the public and private sector, and that is why our presence in the country is in the long term, adding Karisma with these new projects 1,250 hotel rooms to the country’s tourist proposal. We are very pleased to be able to offer new opportunities to Dominicans, to grow, improve their living conditions and be part of the development of our nation, “said Felix.

About Karisma Hotels & Resorts

Karisma Hotels & Resorts “is a renowned international hotel group, of Dominican origin, which operates distinguished properties and collections of luxury hotels along the Riviera Maya (Mexico), Jamaica, Colombia, Croatia, Serbia, Montenegro and the Dominican Republic . It comprises a vast portfolio that includes: El Dorado Spa Resorts & Hotels, Azul Hotels & Villas by Karisma, Generations Resorts by Karisma, Allure Hotels by Karisma, Karisma Hotels Adriatic, Sensatori and Sensimar Hotels, Hidden Beach Au Natural Resort and Nickeloden Resorts. The consortium was founded in 2000 in the Dominican Republic by a group with backgrounds in strategic areas such as hotel operations, business development, sales, marketing and finance.

Throughout its history, these properties have been honored by the industry’s top honors, including Conde Nast Traveler’s “Top 100 Hotels in the World” and “Top 30 Hotels in Cancun”, “Best Hotels for Romance “By TripAdvisor Traveler’s Choice, AAA’s” Four Diamond Award “,” The 10 Most Romantic Hotels “by Forbes,” Hotel of the Year “by TUI Travel PLC, and” Excellence Award “by Wine Spectator, among others. Karisma has received global recognition for its creative approach to hospital management and product innovation.

Karisma Hotels & Resorts is host to 27 Karisma Hotels & Resorts properties, among a number of 4,865 properties around the world. Its team consists of travel industry professionals specialized in hotel management, business development and financial services, integrated in the Consortium’s continuous growth to develop its capacity to create truly special vacations for all types of guests.