Grupo De Valle and Proconstur Partner for Super 8 by Wyndham Hotels Development

Grupo De Valle and Proconstur team up to develop four pioneering Super 8 by Wyndham hotels, located in Rio San Juan, Cabrera, Cotui, and La Vega.

Super 8 by Wyndham, also known as Super 8, is a North American hotel chain that manages the world's largest network of economy hotels, with over 4,000 properties. Initially charging $8.88 per night, these locations will mark the FIRST TIME IN HISTORY that an international brand hotel will establish presence in Rio San Juan, Cabrera, Cotui, and La Vega Dominican Republic. These properties will be part of more than 15 Super 8 hotels under development within Grupo De Valle's Vision2030 plan to build hotels within 30 minutes of every city in the Dominican Republic.

The hotels, representing a $25,000,000 USD investment with over 350 rooms and employing more than 200 local residents, will offer various accommodation options with comfortable and soundproof designs. "The rooms include options for families, groups, couples, and individuals, with two-bedroom suites and standard rooms. They feature modern technology, restaurant, bar, and charging stations for electric vehicles, adapting to any traveler's needs," stated Eng. Henry Veloz, president of the exclusive construction company for the 4 projects (Constructora Hotelera Provalle, S.R.L).

"This exclusive partnership with Grupo De Valle the Master Franchiser for Dominican Republic demonstrates how we cultivate meaningful relationships with our partners," said Mr. Juan Estevez, President of Mr. Homes. "Our franchisees deeply understand the local culture and their collaboration is invaluable," affirmed Edward De Valle II, President of Grupo De Valle.

The 75-100 room properties will offer friendly service and clean rooms at affordable prices -- distinctive features of the Super 8 brand. Our hotels will offer 15% discounts for teachers, nurses, doctors, police, and military personnel year-round. These hotels are for all Dominicans as well as international travelers, stated Amaury Diaz managing partner at Constructora Hotelera Provalle, S.R.L.

All properties nationwide will be operated by OPHDOM, led by Mr. Gabriel Salom Ferrer, president of the operating company, one of the country's leading local hotel management firms. We are very excited to add these four properties to our portfolio. I cannot emphasize enough the importance of these hotels becoming part of each city's identity, said Mr. Gabriel Salom Ferrer.

The hotels' corporate structure will be managed by Fiduciaria Union Capital, FIDUCAPITAL, S.A. For information about investing in and/or financing a Super 8 by Wyndham brand, email the real estate services department at RS@grupodevalle.com.

Press Contact: WhatsApp +1-809-910-3401
Investor Relations Contact: WhatsApp +1-786-280-5447

Frequently Asked Questions (FAQ)

1. Q: Where are the new Super 8 hotels being built in the Dominican Republic?
   A: The hotels are being built in Rio San Juan, Cabrera, Cotui, and La Vega.

2. Q: What is the total investment for these four hotels?
   A: The total investment is $25,000,000 USD.

3. Q: How many rooms will the new hotels have?
   A: The hotels will have between 75-100 rooms each, with over 350 rooms total across all four properties.

4. Q: Who will operate these hotels?
   A: OPHDOM, led by Mr. Gabriel Salom Ferrer, will operate all properties nationwide.

5. Q: Will there be any special discounts available?
   A: Yes, there will be a 15% discount for teachers, nurses, doctors, police, and military personnel year-round.

6. Q: What amenities will the hotels offer?
   A: The hotels will feature modern technology, restaurants, bars, and charging stations for electric vehicles.

7. Q: How many jobs will these hotels create?
   A: The hotels will employ more than 200 local residents.

8. Q: Who is managing the corporate structure of the hotels?
   A: Fiduciaria Union Capital, FIDUCAPITAL, S.A. will manage the corporate structure.

9. Q: What types of rooms will be available?
   A: The hotels will offer two-bedroom suites and standard rooms suitable for families, groups, couples, and individuals.

10. Q: How can I get information about investing in these hotels?
    A: Interested investors can email the real estate services department at RS@grupodevalle.com.