Punta Bergantín sells nearly US$30 million in one weekend

The Dominican Republic’s burgeoning tourism sector has scored a major vote of confidence from international investors, after the newly launched Punta Bergantín tourism and real estate development in Puerto Plata recorded nearly $30 million in sales over just one opening weekend, according to the country’s Minister of Tourism David Collado.

Spearheaded by prominent local developer Andrés Marranzini, the large-scale mixed-use project is already being hailed as a catalyst for transforming Puerto Plata’s standing in the competitive Caribbean tourism landscape. Collado emphasized that the robust early sales performance underscores growing global investor appetite for high-quality, sustainable tourism assets in the Dominican Republic, and is on track to cement the province as one of the nation’s top leisure and travel destinations.

Two of the world’s leading hospitality brands, Spain’s Meliá Hotels International and U.S.-based Hyatt Hotels Corporation, have already committed capital to the development. As core partners in the project, the two companies will expand Puerto Plata’s accommodation capacity by more than 1,000 new hotel rooms, a boost that is projected to create hundreds of local jobs and stimulate widespread commercial growth across the province, from small local businesses to larger service providers.

Unlike many large tourism developments that prioritize short-term profit over environmental stewardship, Punta Bergantín is designed from the ground up as an eco-conscious complex centered on sustainability. The project’s master plan integrates the region’s stunning natural landscapes, protecting local ecosystems while delivering a premium luxury tourism experience that aligns with growing global traveler demand for environmentally responsible travel options.