JW Marriot International and FVI are part of the economic development in the Dominican Republic

The first hotel of the JW Marriott brand in all the Caribbean will open its doors this month. This hotel has 150 rooms, plus 2 executive floors and 8 suites, including the most impressive and luxurious presidential suite in the city.

SANTO DOMINGO, August 27th 2014

As part of Marriot International’s development plan for Latin America and the Caribbean, the first JW Marriott hotel in all the Caribbean, which is owned by the Venezuelan group Fondo de Valores Inmobiliarios (FVI), just opened its doors in the city of Santo Domingo, Dominican Republic. The luxurious hotel is located above Blue Mall.

The big opening was attended by distinguished personalities from the island, including the President of the Dominican Republic, Danilo Medina, Luis Emilio Velutini, Chairman of the Venezuelan investors’ group Fondo de Valores Inmobiliarios, together with Craig Smith, President of Marriot International for Latin America and the Caribbean.

“We are very proud to be part of the team behind the opening of JW Marriott Santo Domingo and we are very thankful for the trust deposited in us by the proprietary group that included us to make this wonderful project possible”, said General Manager, Nigel Cook.

“There is no doubt this project will set a precedent in the development of the tourism industry in this city by incorporating to the hotel market a unique and exclusive product that is focused on the details, the luxury and the personalized service. I am sure that we are setting a before and after in the hospitality market in Santo Domingo. With this opening, our group is helping the growing integration effort between Venezuela and the Dominican Republic, that also include the highest Authorities and numerous private companies from both countries”, said Luis Emilio Velutini, on behalf of the investment group.

With 150 rooms designed with great attention to detail and 9 conference rooms equipped with cutting-edge technology, the JW Marriott hotel next to Blue Mall Santo Domingo, besides providing accommodation to visitors and travelers, will also be a unique place for entertainment, shopping, events and conferences.

For the entrepreneurs around the world, the JW Marriott in Blue Mall will be the ideal meeting place in Santo Domingo, given the growing interest of the corporate sector to invest or use the city of Santo Domingo as a platform for their business in Latin America.

With the JW Marriott Santo Domingo, Fondo de Valores Inmobiliarios completes the Multiuse Complex Blue Mall Santo Domingo that includes the most luxurious and prestigious shopping center in the Dominican Republic with brands such as Louis Vuitton, CH Carolina Herrera, Salvatore Ferragamo, among others. Blue Mall Santo Domingo has also an office building where the biggest Dominican and foreign companies in the city run their operations.


Fondo de Valores Inmobiliarios together with the Dominican entrepreneur Frank Rainieri and the Punta Cana Group, owners of the Punta Cana airport and Resort, are expected to begin the construction of a shopping mall in that area to satisfy 4 million tourists that come every year through that airport; which makes Punta Cana the fourth most visited city by foreigners in Latin America and the Caribbean (LAC), according to the fourth edition of the Global Destination Index done by MasterCard in 132 cities.

“In the satisfaction surveys made to the tourists leaving Punta Cana, it is always pointed out the lack of a high class shopping center, a demand that will be satisfied with the Blue Mall square, affirmed the entrepreneur, Luis Emilio Velutini.