Jamaica’s Largest Hotel To Benefit From US$200 Million Investment
KINGSTON, Jamaica; January 17, 2022: Jamaica’s Minister of Tourism, Hon. Edmund Bartlett, today in Madrid, Spain spoke at the official launch of a strategic alliance between international tourism giant Grupo Piñero which owns Bahia Principe Hotels & Resorts, Inter-American Development Bank (IDB) Group private sector arm, IDB Invest, and Banco Popular Dominicano to promote inclusive and sustainable economic growth through tourism in Jamaica and the Dominican Republic. The agreement will result in an investment of US$200 million in Grupo Pinero’s Bahia resorts in both countries.