Banyan Tree Holdings has signed a contract to manage an integrated resort in the Dominican Republic.
The 22-hectare Angsana Samana Bay will comprise a resort and spa development, residences, a marina as well as retail and entertainment outlets. The resort will offer about 200 suites and conference facilities.
In addition, there will be over 450 residential units for sale, while the marina will have 280 moorings.
The resort is seen as the largest upscale lifestyle and entertainment facility in the region. It is expected to be completed in 2010.
This is Banyan Tree's third development in the Caribbean, after Barbados and the Turks and Caicos Islands. - CNA/ms
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