Margaritaville and Karisma Hotels & Resorts have broken ground on the Margaritaville Island Reserve by Karisma Cap Cana, a $150 million development scheduled to open in 2021. The all-inclusive resort marks the introduction of Margaritaville to the Dominican Republic and boosts Karisma’s presence in the region.
Led by Rafael Feliz, chairman of Karisma Hotels & Resorts (and a native of the Dominican Republic) and Margaritaville CEO John Cohlan, the groundbreaking took place in the gated community of Cap Cana. The ceremony was attended by Dominican Republic President Danilo Medina Sánchez along with more than 150 guests.
Located beachfront on Juanillo Beach along the Caribbean Sea, Margaritaville Island Reserve by Karisma Cap Cana will have 228 guestrooms and suites, seven restaurants, three bars, three pools, a spa, a kids club and several indoor and outdoor event spaces.
Margaritaville Island Reserve by Karisma Cap Cana will be the fourth property in the Island Reserve collection and will follow confirmed Island Reserve properties along the Riviera Cancun and Riviera Maya in Mexico and in Jamaica—all opening in 2020—among other destinations in Latin America and the Caribbean.