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MADRID, Spain, January 25, 2024 /PRNewswire/ -- FITUR — Alterra Village and Grupo De Valle have announced plans to develop the first Registry Collection hotels and residences. The announcement was made within the framework of the International Tourism Fair (FITUR), an important milestone that will make Jarabacoa a renowned global destination.
The sales program will officially launch with 120 rooms, with prices starting in the mid-range estimate of $350,000. The property includes 2 and 3 bedroom residences and will be operated by Operadora Hotelera Dominicana and will be branded by Wyndham Hotels and Resorts, the largest hotel chain in the world, which exceeds 9,000 hotels and 24 brands in 95 countries.
A tranquil and timeless getaway will be built in the beautiful surroundings of Jarabacoa, inspired by the island's rich heritage. The project will see the construction of 36 eco-friendly bungalows, creating a total of 120 rooms, with additional rooms planned to be added in 2025. The property will feature an exclusive restaurant serving local delicacies with a contemporary twist, as well as a bar and terrace offering stunning views of the mountains.
"The hotel will also serve as a corporate retreat and events venue for companies and individuals wishing to host specialized meetings, incentives, conventions and events integrated with wellness retreats. The Jarabacoa region of the Dominican Republic continues to be a highly sought after destination for both local and international travelers," said Pablo Espinal, founder and owner of Alterra Village.
"My vision for the area is becoming a reality, with the introduction of the first American brand hotel and residences. It is the first international brand to enter the city of Jarabacoa and is truly putting this destination on the map. Bringing The Registry Collection, further cements Wyndham Hotels and Resorts' leadership in the local luxury segment while providing guests with access to a captivating and relatively unknown destination to experience the authentic Dominican Republic. We are excited to work with the owners of this beautiful resort to bring this project to life," said Edward De Valle II, president and CEO of Grupo De Valle.
This is a unique opportunity for local and international buyers to own branded hotel residences in Jarabacoa, Dominican Republic.
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