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The Punta Cana International Airport (PUJ), built in 1984 and located just 5 minutes from the resort, is a privately owned commercial airport and the second busiest airport in the Caribbean. [40] Owned and operated by Grupo PUNTACANA, it currently has four million passengers annually.
The Majestic Hotel Group is a Catalan hotel group, with head office in Barcelona. It has been presided by the Soldevila-Casals family since its foundation, in 1918. Currently the group consists of five hotels and two apartment buildings: four of the hotels and the apartments are based in Barcelona and the other hotel is located in Palma of Majorca.
The area that is known today as Punta Cana was mostly an undeveloped coastal area of La Altagracia province. At the time the closest major city, Higüey, was a 5-hour drive. Their first project was a 40 guest hotel called the Punta Cana Club. In 1970, Rainieri changed the original name of the place, Yauya or Punta Borrachos, for Punta Cana.
Now Larimar Punta Cana is a former resort that was located on Bavaro Beach Punta Cana, Dominican Republic. It opened in late 2007. It opened in late 2007. The resort sat on Bavaro Beach, which shares many other resort hotels.
Frank Rafael Rainieri Marranzini is a Dominican businessman in tourism industry in the Dominican Republic.He is the chairman and founder of Grupo Puntacana.According to Forbes, Rainieri has one of the ten largest fortunes in the Dominican Republic, with a net worth near the billion-dollar mark as of 2014. [5]
Bavaro is an area of Punta Cana, located in La Altagracia province, the easternmost province of the Dominican Republic. [5] Bavaro was originally developed as a town for resort workers together with the resort area and tourist region of Punta Cana.