PUNTA CANA – Gesproin Group signed a strategic alliance with the Banyan Group, an independent and global hotel management company, which will be in charge of managing the real estate developments of the Dominican brand.
A press release emphasizes that this union marks a milestone in the Dominican Republic, consolidating the country with the largest offering in the tourism and hotel sector in the region.
The announcement of the agreement was made during the inauguration of the Gesproin Village shopping plaza, located on Avenida Francia in Los Corales, Punta Cana. This project represents a key part of the iconic Secret Garden.
“Based on authenticity and sustainability, Banyan will manage Gesproin Group’s hotel developments under three of its renowned brands, ensuring high-quality service and unique experiences for owners and guests,” the press release states.
Javier Donoso, Peter Hechler, Joan Trilla, Alez Beach and Daniel Sánchez. (External source).
He explains that the Secret Garden project, in Los Corales, will operate under the firm “Cassia”, being called Cassia Punta Cana and will include 64 hotel suites and up to 278 branded residences, and whose opening is planned for the end of next year, 2025.
On the other hand, Wave Garden, located in Cap Cana, will feature up to 296 branded residences and will be managed under the “Angsana” brand. It will be called Angsana Cap Cana and is scheduled to open in September 2025.
Similarly, the two phases of Moon Garden at Coral Golf Resort in Cabeza de Toro will feature a total of up to 305 branded residences, managed under the “Garrya” brand and known as Garrya Punta Cana. The first phase of Moon Garden will be delivered in early 2027 and the second in September of the same year, according to the press release.
Yokaira Montero, Mabel Cruz, Carolina Valdezy and Lilly Bet Rios. (External source).
Design
Secret Garden, the future “Cassia Punta Cana”, was designed by the architecture studio EME Concepts, while Wave Garden (Angsana Cap Cana) and Moon Garden (Garrya Punta Cana) are works by the renowned Morph Studio.
The document states that the aforementioned brand collaborates with important Spanish architecture firms on their projects, guaranteeing the quality and innovative design that characterize their developments.
During the opening of the shopping center, the more than 300 attendees had the opportunity to have a "real life experience" as the company held an exhibition of different units with model apartments from Secret Garden, Wave Garden and the new Suites of Cassia Punta Cana.
“These spaces showcased the quality and ‘quiet luxury’ style that characterizes all Gesproin Group developments, now enhanced by the management expertise provided by the Banyan Group,” he maintains.
Gesproin Group explains that with the real estate revolution that the Dominican Republic is experiencing, and whose increase in the supply of tourist apartments exceeds the growth of demand, it has decided to transform its business model by opting for hotel management for its new developments.
Ekaterina Lomonosova, Julia Kolobova and Yana Chernienko. (External source).
During his speech, Javier Donoso, CEO of Gesproin Group, highlighted that partnering with this prestigious international hotel brand will allow them to achieve more competitive rates and improve occupancy, resulting in greater profitability for investors.
“Furthermore, hotel management requires compliance with the highest service standards, allowing owners to enjoy an experience similar to that of a luxury resort, something completely different in today's market.”.
The announcement of this alliance with the Banyan Group not only marks the beginning of a new chapter for the company, but also reinforces its commitment to offering innovative and high-quality real estate and hospitality solutions to investors and owners, the press release concludes.
Gesproin Group
This Dominican developer is led by Joan Trilla (CTO) and Javier Donoso (CEO), offering construction, management and real estate investment services in Punta Cana.
With a portfolio of 16 projects and more than 1,500 units in strategic areas of the East of the Dominican Republic, such as Los Corales, Cocotal, Cabeza de Toro and Cap Cana, Gesproin Group has established itself as one of the leading real estate developers in the Caribbean region.
With over 10 years of experience and an experienced team overseeing every stage of the design, construction, and delivery process to ensure excellence in every detail, the company has experienced remarkable growth, currently employing over 70 staff members, reflecting the multiculturalism and diversity of its team.
Banyan Group
Banyan Group (“Banyan Tree Holdings Limited” or the “Group” – SGX: B58) is an independent, purpose-driven global hotel company that prides itself on its pioneering spirit, design experiences, and commitment to responsible management.
Its extensive portfolio encompasses more than 80 hotels and resorts, over 60 spas and galleries, and more than 20 branded residences in 22 countries. It comprises 12 global brands, including the flagship Banyan Tree brand, each distinct but united under the experiential membership program with Banyan.
The founding ethos of “embracing the environment, empowering people” is realized through the Banyan Global Foundation and the Banyan Academy. The Banyan Group is committed to remaining a leading advocate for sustainable travel, focusing on regenerative tourism and innovative programs that enhance the guest experience.
