Draft:Grupo Puntacana

Grupo Puntacana S.A.
Company type	Sociedad anónima
Industry	Tourism; Hospitality; Real estate; Infrastructure; Logistics; Education; Journalism
Genre	Conglomerate
Founded	1969; 55 years ago
Founder	Frank Rainieri and Theodore W. Kheel
Headquarters	Oficinas Corporativas Grupo Puntacana, Boulevard 1ro de Noviembre, Puntacana Village, Punta Cana, La Altagracia, 23000, Dominican Republic
Area served	Dominican Republic
Key people	Frank Elías Rainieri; (President and CEO); Paola Rainieri; (CMO); Francesca Rainieri; (CFO); Frank Rainieri; (Chairman of the Board)
Products	Airport, hotels, resorts, holiday village, golf courses, polo fields, tennis courts, restaurants, beaches and free newspapers
Services	Airport operator; Security; Schools; Industrial laundry;
Number of employees	15,000
Subsidiaries	Puntacana Resort & Club (PCRC) The Estates Puntacana Resort & Club; Tortuga Bay; The Westin Puntacana Resort & Club; Six Senses Spa At Puntacana Resort & Club; Punta Cana Polo Club; La Cana Club; Corales Golf Club; Oscar de la Renta Tennis Center Puntacana Resort & Club; ; Puntacana Village Four Points by Sheraton Puntacana Village; Galerías Puntacana; ; Puntacana Ventures Punta Cana International Airport; Punta Cana Free Trade Zone (PCFTZ); ; Fundación Grupo Puntacana (FPC) Centro de la Diversidad Infantil (CEDI); Puntacana International School (PCIS); Caracolí Global School; ; Puntacana Services Punta Cana Laundry Service; Corporación Turística de Servicios Punta Cana (CTSPC); Guardianes del Este; ; Ciudad Caracolí; Grupo Diario Libre Diario Libre; ;
Website	www.grupopuntacana.com.do

Submission declined on 4 October 2024 by Chaotic Enby (talk).

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Declined by Chaotic Enby 4 seconds ago. Last edited by Chaotic Enby 4 seconds ago. Reviewer: Inform author.

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Comment: The first source is primary, while the third and fourth do not go in-depth about the group specifically rather than Punta Cana itself. Chaotic Enby (talk · contribs) 20:59, 4 October 2024 (UTC)

Grupo Puntacana (officially Grupo Puntacana S.A.) is a private Dominican business conglomerate, dedicated to sustainable tourism founded in 1969. It is a pioneer in the development of the destination and a real estate community in Punta Cana.

History

In 1969, a group of American investors purchased 30 square miles of undeveloped land in eastern Dominican Republic, covered in jungle and six miles of beach. They were soon joined by a group of local investors, led by Dominican businessman Frank Rainieri and American Theodore W. Kheel, who had a vision of developing the area for tourism purposes. In 1970, Rainieri changed the original name of the place from Yauya or Punta Borrachos, a name that was not very attractive for tourist or commercial purposes, to Punta Cana, the most surprising one.^[2] Under the direction of Frank Rainieri and Theodore W. Kheel, the Residential and Industrial Tourism Development Company S.A. (CODETREISA), today Grupo Puntacana, began developing the property in 1971, building the first hotel in the region, called "Punta Cana Club", with ten rooms and apartments, with capacity for forty people, a club house, a small villa for the staff, a power station and a small airfield.^[3] There were no terminals or landing strips; it was simply flat land. The only problem was that the area was very isolated from the rest of the Dominican Republic. In addition, many more people began to vacation in Punta Cana and more and more small cabins were built. Since there were no roads, nor Ports, the only way to get to Punta Cana was by plane. In the late 1970s, a road was built to connect the area to the capital of the La Altagracia Province, Higüey. Tourists from various countries began to arrive. They had to go through the Las Americas International Airport in Santo Domingo and then take a short flight in a small plane to Punta Cana. The runway itself had major problems, such as having a very short runway and not yet having a terminal. This meant that passengers would disembark and be directed to a road to be picked up and transported to the hotel, which was inconvenient. Grupo Puntacana knew that it needed a serious airport. In late 1974, Grupo Puntacana began planning for the first private international airport. However, the local government disapproved of the new airport. After eight full years of talks with the province, a contract was signed to begin construction of the new airport. The airport would be built where the old runway was located. Planning for the airport began in early 1981. Oscar Imbert (son of General Antonio Imbert Barrera) The terminal building was designed with palm leaves on the roof and stones from the nearby jungle on the walls. For the columns they used eucalyptus trunks and built them in the Taino and Arawak styles. In 1978, the Club Méditerranée joined the Grupo Puntacana S.A. project, building a 350-room hotel within the scope of the project. Later, Grupo Barceló and Newco established themselves in the Bávaro area. In 1979 they built the Punta Cana Hotel, followed by the construction of the new airport which began in early 1982 and the small airstrip had to close. To make up for the loss a small concrete runway was transformed into a temporary airport. This runway would be transformed into a landing strip when the airport opened. Since the terminal was small and did not require much work, the terminal was completed in less than four months. The runway and apron took a long time because there were not many workers involved in building the airport. The area was cordoned off which deterred many construction workers from attempting to build the airport. However, after eight years of trying to convince the government and two more years of construction, the Punta Cana International Airport began operating on December 17, 1983. In 1997, Rainieri and Kheel established a partnership with Oscar de la Renta and Julio Iglesias to begin work on the Punta Cana Marina and real estate development in the region.^[4]

Timeline of the Grupo Puntacana

1969: Theodore W. Kheel and a group of 40 partners purchase approximately 30 square miles of undeveloped land in eastern Dominican Republic.
1970: Frank Rainieri, Theodore W. Kheel and partners begin development of the resort project.
1971: Puntacana Resort & Club (PCRC) builds the first "resort" of 10 Beach hut and a clubhouse; the inauguration is attended by President Joaquín Balaguer.
1972: PCRC builds the first primary school in Punta Cana.
1977: Club Méditerranée purchases a parcel of land from Puntacana Resort & Club.
1980: Club Med opens a hotel in Punta Cana.
1984: Punta Cana International Airport opens with the first flight from San Juan, Puerto Rico.
1987: PCRC builds the new Puntacana Resort & Club using thatched roof construction and low-impact sustainable architecture.
1988: Formation of the nonprofit Fundación Ecológica Puntacana (FEPC) with donation of 1,500 acres of land for ecological park and reserve (incorporation follows in 1994).
1992: Puntacana Ecological Foundation launches the first sustainable agriculture initiative in Punta Cana (Fruit Tree Orchard).
1996: Puntacana Foundation organized the first Concert at the Basilica of Our Lady of Altagracia in the city of Higüey performed by the National Symphony Orchestra and Choir.
1997: Julio Iglesias and Oscar de la Renta join Kheel and Rainieri as PCRC's senior partners and build the first homes in the Corales development.
1998: PCRC founds a second non-profit organization, Puntacana Foundation (FPC) to develop social and community programs in the region.
2000: FPC founds the private bilingual Puntacana International School (PCIS).
2001: FEPC and PCRC create the Puntacana Center for Sustainability to develop research and education programs that create solutions to environmental and social challenges facing the tourism industry.
2004: Puntacana Foundation founds the Ann and Ted Kheel Public Polytechnic School.
2004: Puntacana Ecological Foundation launches Partnership for Ecological Sustainable Coastal Areas (PESCA).
2005: Puntacana Foundation makes its first commitment to the Clinton Global Initiative.
2005: Puntacana Foundation launches co-management of the Verón Rural Clinic.
2005: Puntacana Foundation inaugurates the Puntacana Art Gallery in conjunction with the Igneri Foundation.
2006: Puntacana Resort & Club becomes a founding member of RENAEPA, the National Network of Environmental Protection Companies in the Dominican Republic, today known as ECORED.
2006: Puntacana Group Foundation carried out the first medical mission in conjunction with Virginia College of Osteopathic Medicine (VCOM)
2007: Puntacana Group becomes a member of the United Nations Global Compact.
2007: Puntacana Ecological Foundation launches Zero Waste, a comprehensive solid waste management system for Puntacana Resort & Club.
2008: Puntacana Foundation builds and equips a police station for the community of Verón
2008: Puntacana Foundation launches "Punta Cana Carnival".
2009: Puntacana Ecological Foundation launches beekeeping and vermiculture projects.
2009: FEPC signs a collaboration agreement with The Peregrine Fund to conserve the Hispaniolan Hawk, an endangered species.
2009: FEPC and FPC sign a collaboration agreement with Save the Children to develop community programs in the town of Verón.
2010: Puntacana Foundation launches the Marine Archaeology Project to locate and rescue archaeologically valuable pieces from the sea for exhibition.
2011: Puntacana Foundation carries out the first Visual Surgery Mission together with the Institute of Visual Sciences of Spain (Incivi) among other partners
2012: PCRC and FEPC obtain a Presidential Decree that names the coastal area of Puntacana Resort & Club and Cap Cana as a "Marine Protected Area."
2014: Puntacana Foundation launches the Grupo Puntacana Trabaja con la Comunidad social program.
2014: Puntacana Foundation launches the Nuestra Señora de Punta Cana Handicraft Workshop
2015: Puntacana Foundation launches the Ciudad Caracolí housing project.
2016: Puntacana Ecological Foundation and Puntacana Foundation merge.
2017: The Foundation inaugurated the Oscar de la Renta Pediatric Center facilities. The center will provide primary health care to more than 15,000 underprivileged children from local communities.