Uvero Alto, Dominican Republic – President Luis Abinader declared the Dominican Republic the top investment destination in Latin America during the grand opening of the W Punta Cana, an adult all-inclusive resort. The USD 160 million project, a collaboration between Marriott International, Grupo Puntacana, and Mac Hotels, marks a significant milestone in the nation’s tourism and economic development. Abinader highlighted that the project’s inception during the COVID-19 pandemic underscores the country’s resilience and commitment to growth. The president also emphasized the increasing presence of North American hotel chains, positioning the Dominican Republic second only to Mexico in U.S. tourism investment. With 15,000 new hotel rooms under construction nationwide—6,000 of which are set to open this year—the initiative is expected to create thousands of high-quality jobs and bolster economic stability. The W Punta Cana resort, located in Uvero Alto, boasts 340 luxurious rooms and suites, 12 diverse restaurants, and the exclusive AWAY Spa, offering a unique blend of music, wellness, and modern design. Industry leaders lauded the government’s unwavering support for tourism. Frank Elías Rainieri, president and CEO of Grupo Puntacana, praised the administration’s leadership and resilience, calling tourism a regional model. Tourism Minister David Collado hailed the arrival of W Hotels as a transformative moment for the country’s all-inclusive tourism sector.
Abinader declares Dominican Republic the top investment destination in Latin America
