Victor Cabral, president of Cap Cana, announced the opening of Cap Cana for the second week in May. In a press conference where he made the announcement, he described Cap Cana as ?the most important tourism resort underway right now in the Caribbean and Latin America.?
Cap Cana will be opening the first 17 vacation homes at Villas Caleton that will operate as a boutique hotel, its Caleton beach club, 118 spaces at the inland marina, services and access roads to and within the 25 million square meter development (8.5 kms of coastline and 5 of beach). Cabral said so far, over US$100 million have been invested to prepare Cap Cana for the opening of its first services.
Cabral announced that the first Jack Nicklaus signature golf course, the Punta Espada Golf Course would be ready for a September opening. He said that 10 holes have already been planted and another eight will be planted through June.
He forecast that two years after it opens, once the course matures, the course would be regarded among the top 20 best golf courses in the world. He explained that in addition to Nicklaus himself having designed the course, it is very special because 12 holes interact with the sea. Another two Jack Nicklaus courses are planned for the development.
Cabral said that what has taken other developments 30 years to complete, he expects will take Cap Cana 10 to 15 years. He said that Cap Cana gets a head start because the country is already well known abroad. He said that while all-inclusive hotels put the DR on the map, several real estate and golf developments are now attracting millions in investment to the country.