Blue Diamond Hotels & Resorts Acquires Punta Cana Property

Blue Diamond Hotels & Resorts has just announced the purchase of the Grand Paradise Bavaro Beach Resort, Casino and Spa.

Grand Paradise Bavaro is located on the famous Bavaro Beach, and just a short half hour drive from Punta Cana International Airport. The resort features 1,029 guest rooms and suites. All guests are accommodated on an all-inclusive basis, with a choice of six a la carte restaurants, two buffet restaurants and ten bars across the resort.

The Blue Diamond team will take over the management of the resort, which will continue to operate as Grand Paradise Bavaro Beach Resort through to April 30, 2013. Beginning in May 2013, the resort will be closed for a six month period to allow for changes and improvements to bring it in line with Blue Diamond’s “Memories Resorts” specifications. The resort will re-open in November 2013 as the 5 star-rated Memories Punta Cana Beach Resort and Spa.

This acquisition is Blue Diamond’s second wholly owned and managed property, following the recent purchase of the ex-SuperClubs resort in Trelawny, Jamaica, currently undergoing a $40 million renovation before it reopens as “Memories White Sands Beach Resort & Spa” later this year.

Grand Paradise Bavaro Resort,