The Venezuelan group Velutini will add a 15-story JW Marriott hotel as part of its Blue Mall shopping center, situated in the very heart of Santo Domingo.
The overall investment in this new structure is US$50 million.
The JW Marriott will be the first hotel built by this American company in the Caribbean region. In its first building stage, the facility will feature 121 suites.
The project could include an additional 23 rooms.
The JW Marriott brand of luxury business hotels belongs to the US-based hotel chain Marriott. It operates hotels in Kuwait, Cairo, Bucharest, Shanghai, Phuket and Bangkok (Thailand), San Francisco and Chicago. The new hotel is schedule to open in late 2013.
Some 250,000 shoppers visit the high-end retail Blue Mall shopping center in a month. It is an important tourist attraction.