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Club Med SAS, commonly known as Club Med and previously known as Club Méditerranée SA, is a French travel and tourism operator headquartered in Paris, specializing in all-inclusive holidays. Founded in 1950, the company has been primarily owned by the Chinese conglomerate Fosun Group since 2013. Club Med either wholly owns or operates nearly ...
Amstar DMC has provided excursions in Mexico, Jamaica and the Dominican Republic since 1989. Its corporate headquarters are located in Cancún and Punta Cana. In 2008, Amstar became the first Mexican destination management company to open a representation office in Shanghai, China. Five years later, an office was opened in Hawaii through Amstar ...
Puntacana Resort & Club is a resort and residential community located in Punta Cana, La Altagracia Province, Dominican Republic. The resort was established in 1969 by businessman and hotelier Frank Rainieri and Theodore Kheel , a New York labor lawyer.
Three of Club Med's oldest resorts have recently gone through a major re-vamp: Club Med Bali [], the oldest Club Med outside France, has recently gone through a 15 million dollar make-over; Club Med Ria Bintan [], with a 10 million dollar make-over; and Club Med Punta with a 40 million one. 2007 saw Club Med open its first 5 Trident Resort, La ...
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.
[citation needed] Many of the hotels are operated or co-owned by foreign businesses like Meliá, Barceló, TRYP, etc. (France's Club Med used to have a property but has since left Varadero.) As international tourism was opened up, the local population expanded with the arrival of people, some in key economic positions, from other parts of Cuba.
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