The Dominican Republic’s burgeoning tourism real estate sector has landed a major vote of confidence, after Tourism Minister David Collado announced that the ambitious Punta Bergantín mixed-use development in Puerto Plata moved nearly $30 million worth of residential and commercial units over just one weekend of sales.
The strong early performance of the project, which is being spearheaded by industry leader Andrés Marranzini, stands as a clear testament to the hard work and collaborative planning that has gone into launching the venture, Collado noted. Beyond the impressive initial sales numbers, officials project that the large-scale development will reshape Puerto Plata’s reputation as a travel and investment hub, elevating it from a well-regarded national destination to one of the most prominent high-end tourism spots across the entire Caribbean.
Two of the world’s leading hospitality brands, Meliá Hotels International and Hyatt Hotels Corporation, have already signed on as the project’s first major anchor investors. Between the two chains, the development will add more than 1,000 new hotel rooms to Puerto Plata’s inventory, a boost that is expected to generate hundreds of local jobs across construction, hospitality, and supporting services, while sparking widespread new commercial activity across the province.
Collado also emphasized that Punta Bergantín is being built around a core mission of sustainable development. The sprawling multi-hotel complex is intentionally designed to integrate seamlessly with Puerto Plata’s pristine natural landscapes, prioritizing eco-friendly practices that protect the region’s environment while delivering a luxury experience for visitors and property buyers.