Poma Group Starts $200 Million Hotel in Dominican Capital’s Financial District

President Danilo Medina and Group Poma and Real Hotels executives broke ground Wednesday for the construction of the Hotel Real Intercontinental Santo Domingo, in the Dominican capital’s financial district.

The 15-floor, 227-room hotel to be built on 3,866 square meters on Churchill Avat a cost of around US$200 million is expected to invigorate the National District’s hospitality sector, said Alvaro Diago, head of the group’s Latin America and Caribbean Operations.

He said he’s proud to be present in the Dominican Republic, not only with the Real hotel but also with Crowne Plaza and Holiday Inn. He predicted a "very successful" project.

For his part, Poma group President Ricardo Poma stressed his commitment to continue investing in Dominican soil, noting that “it’s a country that exudes confidence.”

"The new Real Intercontinental will have a modern design, with the level of comfort and service of the best hotels worldwide. We want to offer our customers a memorable experience," the hotelier said.