President Medina Heads Ribbon-Cutting Ceremony for JW Marriott

Dominican Republic President Danilo Medina on Wednesday headed the ribbon-cutting ceremony for the JW Marriott hotel in Blue Mall Santo Domingo, built by Venezuelan investor Grupo Velutini.

Medina toured the hotel facilities guided by its executives, before proceeding to cut the ribbon for the formal opening.

During his speech, Craig Smith, JW Marriott Hotels & Resorts president for the Caribbean and Latin America, said that the131-room hotel is the first JW Marriott in the Dominican Republic and the Caribbean. "We are very proud to be here in Santo Domingo and be part of the growth this wonderful city is experiencing."

The property will be operated by Marriott under an agreement with Grupo Velutini, a Panamanian subsidiary of Fondo de Valores Inmobiliarios (FVI).

Located in the Piantini area, the JW Marriott Santo Domingo will be located in the first seven floors of a 15-story mixed-use tower being built above the existing Blue Mall, which opened in 2010 and features 20,000 square meters of commercial space over six floors.

Source: Dominican Today