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Bávaro-Punta Cana, La Altagracia. – Noval Properties, promoter pioneer in the development of tourist real estate in the East Dominican area, celebrated yesterday the launch of its Boutique Esplendor By Wyndham Oceana Hotel, an innovative hotel investment model with an all -inclusive package for investors looking to achieve high profitability In its properties. The project is supported by Wyndham and Yurbban Hospitality Group.
The event, held at the sky, Bávaro – Punta Cana, brought together a large group of investors, strategic allies, real estate agents, entrepreneurs and representatives of the industry, who knew firsthand the advantages and potential of this exclusive model of business.
Noval and Yurbban Hospitality Group executives. (Fidel Pérez/the real estate).
The Boutique Esplendor By Wyndham Oceana Hotel will have 61 hotel rooms. According to the data offered during the meeting, the installation has been designed to offer constant profitability, with a 10% projected return on the investment and a hotel occupancy greater than 87%, located in the destination with the greatest sustained growth of tourism in tourism in Dominican Republic.
“Tourism in the country remains on the rise, with more than 11 million annual visitors. Hotel Boutique Esplendor By Wyndham Oceana offers investors the opportunity to participate in this industry without worrying about the daily operation of the hotel, ”said Lorena Sevilla, commercial director of Noval Properties in the area of Punta Cana, during her speech at the event.
Lorena Sevilla. Fidel Pérez/The real estate.
Investors can benefit from the exceptions offered by Confotur's law and other tax benefits.
“We are excited to be part of this innovative project in the heart of the Caribbean, contributing our experience and high standards of global quality,” said Miguel Higuera, partner and expansion director of Yurbban Hospitality Group.
He explained that this new business model is called to continue growing in the country, given the fact that the investor today more than ever is informed and knows the product in which he is investing.
Manuel Higuera. Fidel Pérez/The real estate.
On his side, Nathanael Pérez, Asset Manager of Noval Properties, emphasized that “this model is ideal for investors looking for diversification with an attractive return scheme, within a high growth tourist destination.”
