The 554 room Paradisus Palma Real Resort Opens; $120 million Resort is Sol Melia's 2nd Paradisus in Punta Cana, Dominican Republic / April 2006

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The 554 room Paradisus Palma Real Resort Opens; $120 million Resort
is Sol Melia's 2nd Paradisus in Punta Cana, Dominican Republic

PUNTA CANA, DR� April 7, 2006 � Paradisus Palma Real � the fifth luxury all-inclusive resort in Sol Meliá Hotels and Resorts� five-star Paradisus brand � celebrated its official opening on April 5 at an all-out extravaganza held under star-filled Caribbean skies staged against the picturesque shores of Punta Cana. The event also marked the opening night party for the 2006 Dominican Travel Exchange (DATE).

With some of the leading tourism representatives from the Dominican Republic in attendance, along with travel professionals and industry press from the United States, the evening was a true showcase for the Paradisus Palma Real, beginning with cocktails served at The Plaza, where guests were captivated with special touches from Sol Meliá´s Soul & Magic sensorial effects, with Afro-Caribbean River Dancers, a Stomp performance, and a Top-40 live band, followed by a private dinner at Gabi Beach, the resort�s exclusive A La Carte Beach Lounge for its adults-only Royal Service and Family Concierge guests. The evening was capped off on the famous shores of Bavaro Beach with a South Beach-style chill out party that included go-go dancers, fire spinners, mimes, fire eaters and still-living statues, giving spectators the essence of Paradisus� real-life fantasy experience.

Situated on the Dominican Republic�s easternmost tip along 21 miles of white-sand beaches and amid soaring coconut palms, the resort pulled out all the stops to make the event a memorable one. The Paradisus Palma Real recently announced that 1Q 2006 had exceeded company expectations and that advance bookings were strong, giving the resort another reason to celebrate.
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The $120 million resort held its soft opening on December 23, 2005 and has exceeded the company�s expectations during first quarter 2006. Paradisus Palma Real has also generated 650 jobs.

"Paradisus Palma Real�s advance bookings have been strong, making the resort a true success story for Sol Meliá, which now has four properties in the DR�, stated Andre Gerondeau, Executive Vice-President, North and Central America Division, Sol Meliá Hotels & Resorts. �The success of this property, and our company�s willingness to continue to invest in the DR, demonstrates the growth potential for the destination thanks in part to the island�s unmatched natural beauty and resources, infrastructure, and the eagerness of its people to serve the tourism industry.�

Bernard Wyss, Managing Director of Paradisus Palma Real stated, �We attribute the resort�s immediate success to the strength of the brand and the property�s attractive location. Our goal is to ensure that Paradisus Palma Real becomes the leading luxury resort in the Caribbean.�

Each of Paradisus Palma Real Resort�s 554 oversized luxury suites are equipped with elegant mahogany furniture, Jacuzzi for two, spacious bathroom with European spa jet shower, plasma television, CD player, daily stocked mini bar and a private terrace.

Dining choices at the Paradisus Palma Real are plentiful with seven restaurants, including Bana, an a la carte Asian bistro offering Tepanyaki, Sushi Bar and Asian Fusion cuisine; Passion, an �adults only� a la carte international fine dining venue; Vento, featuring a la carte Mediterranean cuisine; the Market Grill, offering fresh salads, grilled steaks, and chicken, as well as a light and healthy menu; Naos, an international buffet; Agave, a Mexican-style buffet; and Gabi Beach, an a la carte beach lounge, exclusively for guests staying in Royal Service and Family Concierge suites. Each restaurant takes guests on a culinary adventure that is unmatched in variety and selection.

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Paradisus Palma Real is the fifth Paradisus-branded resort by Sol Meliá. The first Paradisus resort was the Paradisus Punta Cana, which opened in 1996, followed by the Paradisus Playa Conchal in Costa Rica, Paradisus Riviera Cancun and Paradisus Puerto Rico.

The Paradisus Palma Real is owned and managed by Sol Meliá Hotels & Resorts, one of the world�s most successful hotel companies, managing six distinctive brands � Meliá, Tryp, Sol, Paradisus Resorts, Hard Rock Hotels and Sol Meliá Vacation Club � totaling more than 330 hotels in 30 countries.

Contact:

Lourdes Diaz
M. Silver Associates
(954) 765-3636
[email protected]

Also See:	Sol Meliá Hotels Studies How to Position and Differentiate its Meliá and Paradisus All-inclusive Resort Brands / March 2006
	Sol Melia Reports 2004 Net Profits Increase 43.4% to 70.4 million Euros / February 2005

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