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Sandals scouts opportunities in Dominican Republic
Sandals Resorts International has completed an exploratory visit in the Dominican Republic.
Members of the Sandals Executive Committee spent two days touring areas including Punta Cana, Miches and Las Terrenas eyeing possible investment opportunities and met with government officials.
“When leadership at the highest levels makes time to discuss the power of tourism and investment opportunities that expand its reach, we know we’ve found a like-minded partner,” said Executive Chairman Adam Stewart.
Angie Shakira Martínez Tejera, Ambassador of the Dominican Republic in Jamaica said it is ‘a dream of ours to have a prestigious Sandals brand present here.’
Sandals Resorts International is in the midst of a multi-year expansion.
Earlier this year, it reopened Sandals Royal Bahamian in Nassau, Bahamas, and will soon unveil its first property in Curaçao.
Three new resorts are planned for Jamaica, and, in 2023, SRI will unveil a new resort under their Beaches Resorts brand in St. Vincent and the Grenadines.
It represents investment of nearly $200 million.
“This was an excellent visit at a time when we are pursuing expansion goals aggressively. We look forward to the possibility of what’s to come,” said Stewart.
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