/ Globe PR Wire /
OceanVeu Capital has established a $24 million private equity fund to develop a wellness and convention center hotel in Punta Cana, Dominican Republic, marking its first international expansion. This initiative is the initial phase of a $200 million investment plan over the next ten years to develop and operate up to ten wellness hotels across Latin America under the ATMA brand, focusing on wellness tourism, longevity-focused services, and premium corporate events.
In 2023, OceanVeu Capital examined properties in six Latin American countries in search of a hotel design that could minister to the interests of guests seeking wellness tourism and anti-ageing treatments. The outcome of the process was selecting ATMA, a wellness hotel in Guatapé, Medellín, Colombia, that was started by Jürgen Klaric, an author and entrepreneur. Maluma, Susana Giménez, and Carlos Vives have stayed at ATMA, and its business operation matches the fund’s plan to expand wellness hotels.
The acquisition of ATMA led to Project 2035, a plan to create a chain of wellness and convention center hotels across Latin America. The $24 million fund, structured in Panama, a financial hub for Central and South America, will finance the first property in Punta Cana. This 92-room hotel will cater to the region’s 11 million annual tourists, supported by an 18% tourism growth rate. Construction of the Punta Cana property has begun, funded by founding investors, with the fund opening to new investors on April 29, offering 230 equity shares.
Punta Cana was selected for its business-friendly stability, strong demand for wellness travel, and direct connections to key markets such as the United States, Canada, and Madrid. Its location near the Hard Rock Café Punta Cana lets the hotel pair wellness offerings with outdoor activities and entertainment, appealing to a wide range of guests.
The hotel will include a 350-seat convention center for corporate events and an upscale restaurant led by an award-winning culinary team. Additional revenue streams will come from a rooftop venue, ample parking, and retail spaces, bringing the total leasable area to more than 4,000 m² beyond the guest rooms. A dedicated recording studio for wellness and health content creators rounds out the design, tapping into the hospitality sector’s growing demand for digital production facilities.
OceanVeu Capital has made hotel investments possible for more investors by setting the minimum amount at $100,000 and 20 months for investing their capital. The fund is handled by a staff of operators, developers, and builders, all overseen by Fund President Alberto Vázquez. The team ensures project steps are followed, manages risks, and guarantees sustainability in running the project. According to Vázquez, find that the regional hotels are filled on average to 75% occupancy and are expected to deliver annual returns of 14%–18% and an asset appreciation of 5%–8%.
Partnering with a U.S. hotel company that has five million members is likely to increase the number of guests and help with the hotel’s finances. Wellness services such as biohacking and treating the effects of ageing are included in the hotel’s architecture. The way the fund is set up gives investors full transparency, as all worthwhile areas of the hotel are part of their investment, giving several income sources.
The company has offices in the Dominican Republic and Colombia, where it oversees its project development and management. In the longer term, the company wants to increase the ATMA brand in Latin America, and a possible acquisition by a big fund down the line could earn investors more profits. The first part of this strategy is seen in Punta Cana, where PURE is expanding by making use of the area’s growing tourism and infrastructure.
Media Contact
Company Name: OceanVeu Capital
Contact Person Name: Investor Relations Team
Email: info@oceanveucapital.com
Phone: +1 (954) 444-2412
Address: 123 Wellness Avenue, Santo Domingo
Country: Dominican Republic
Website: www.oceanveucapital.com