MADRID–During Fitur 2026, Archipelago International, Southeast Asia’s largest private hotel management group, announced a strategic partnership with Kayacoa Group Dominicana for the development of the Grand Aston Coral Golf Resort & Spa by Kayku in Punta Cana. The luxury project, scheduled to begin construction in 2026, marks a milestone for the Dominican Republic in that it will be the country’s first fully tokenized hotel.
The project introduces an innovative real estate investment model based on asset tokenization, allowing hotels to be divided into digital parts, allowing investors to purchase tokens and receive dividends proportional to the real estate’s operating profits. According to Archipelago CEO Gerald Byrne, the model predicts a return on investment (ROI) of 7% to 14%, which is above the regional market average and opens up access to a global investor base in a regulated financial structure.
With an estimated investment of $160 million, the resort will be developed in Punta Cana’s exclusive Coral Golf Area and feature 200 hotel rooms and 325 residences. As the asset is classified as a security, the issuance of the token is regulated by the Dominican Republic Securities Market Supervisory Authority (SIMV) under Law 249-17, ensuring transparency, investor protection, and legal certainty.
The five-star Grand Aston Resort is built on a ‘golf-centric’ concept and overlooks a 48,000 square meter lake within an 18-hole golf course designed by PB Dye. The project will include advanced technology such as Google Nest systems in every suite, access to Pearl Beach Club, and luxury golf facilities. In addition to positioning Punta Cana at the forefront of hospitality innovation, the development is expected to create approximately 1,500 direct jobs and contribute to the modernization of the Caribbean’s capital markets.
