Fergus Group takes back Lloret's Don Juan Resort
Fergus Group is back at the helm of the Don Juan Resort in Lloret de Mar, according to Hosteltur. The Mallorca-based chain is taking over management of an asset it already knows and that fits its strategy of growing on coastal properties under its own brand.
The move has a read for the Caribbean. Lloret is a mature destination, with pricing pressure and tough competition, and the chains operating there have learned to reposition product without leaving the holiday segment. That same recipe is being applied today in Bávaro, Punta Cana or Puerto Plata, where 1990s assets are crying out for refurbishment and a new flag.
The read is clear: whoever masters coastal asset management in Spain arrives in the Caribbean with an operational edge. Groups that combine brand, distribution and in-house teams are better placed to sign management contracts with Dominican owners. Worth watching Fergus in the Caribbean market.
Quick questions
Which hotel is Fergus Group taking back in Lloret de Mar?
Why does the Don Juan Resort matter for Dominican tourism?
What strategy is Fergus Group following with its hotels?
What opportunity does this open for Dominican hoteliers?
Where can I read the original story about Fergus Group and the Don Juan Resort?
Was this article useful?
The daily brief
The Dominican tourism brief, in your inbox
Hotels, airlines, MITUR, cruises and destinations. One sharp email a day. Free.
The brief Dominican travel professionals read every morning.
Editorial content by Turismo News. It may contain errors. Verify anything important with the original source.
This article may mention third-party products, companies or services for informational purposes. Turismo News does not endorse them and is not responsible for them or for what they offer. Editorial content curated by the Turismo News team.