Dominican Republic
Archipelago International and Noval Properties Sign Six Management Agreements in the Dominican Republic
Archipelago International | August 1, 2024
PUNTA CANA, Dominican Republic, August 1, 2024-- In an unprecedented move, Archipelago International, the largest privately-owned hotel management group in Southeast Asia, has joined forces with Noval Properties, a premier real estate developer in the Dominican Republic. This strategic alliance, formed in November 2023, is proud to announce the signing of six comprehensive management agreements that will see the introduction of Archipelago International's esteemed brands and innovative property management solutions to the Dominican Republic's flourishing hospitality and real estate markets. This collaboration is set to revolutioni...
The Development Boom in the Dominican Republic
CHICOS 2022 | April 5, 2022
By Kristina M. D'Amico Historical Demand to the Dominican Republic The Dominican Republic is one of the fastest growing economies in the Caribbean and the most popular tourist destination in the Caribbean region. Its tropical climate, white-sand beaches, diverse mountainous landscape, and colonial history attracts visitors from around the world. The country has 28 provinces spread across six main regions, with the East & Southeast region, which encompasses the cities of Punta Cana and Bávaro, serving as the most popular tourist destination and offering nearly 50% of all hotel rooms in the country. Over the last 20 ye...