Santo Domingo Piantini Area — Photo by Hyatt

Hyatt Hotels Corporation (NYSE:H) announced today that Hyatt has entered into a management agreement with Pipax Investment, S.RL. for a new Hyatt Place hotel in the capital city of the Dominican Republic, Santo Domingo. The 120-room Hyatt Place Santo Domingo Piantini will mark the Hyatt Place brand's debut in the Dominican Republic and will be located in the country's epicenter for commercial and financial activities. The hotel will feature the Hyatt Place brand's intuitive design, approachable atmosphere and added conveniences that help guests do more.

With construction expected to begin this year, Hyatt Place Santo Domingo Piantini is projected to open in the third quarter of 2024 and will join the recently opened all-inclusive Hyatt Ziva Cap Cana and Hyatt Zilara Cap Cana in the Dominican Republic. Known for its unexpectedly elevated amenities and uncomplicated experience, the Hyatt Place brand continues to increase its presence with four hotels currently operating in the Caribbean.

The capital city of Santo Domingo has experienced significant economic and industrial growth over the last decade with new commercial and residential developments opening in recent years. With a growing population of approximately one million, Santo Domingo is considered one of the main business and commerce centers in the Caribbean. Constructed by the team at Constructora Aybar & Contemega, Hyatt Place Santo Domingo Piantini will be located in the central area of Santo Domingo within the Ensanche Piantini, considered one of the destination's most sought after location in light of recent retail, commercial and hotel development.

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