Hyatt Hotels is to run the resort attached to the new Cap Cana development in the Dominican Republic.

The resort features the recently-opened Punta Espada golf course, the first of four planned for the property, designed by Jack Nicklaus’s practice.

Slated to open in early 2014, the new 201-room Hyatt Regency Cap Cana will be located on Juanillo Beach within Cap Cana. In addition to the hotel, the project will also include 46 Hyatt Regency-branded residences and 12 villas.

“The development of Hyatt Regency Cap Cana represents an outstanding opportunity to further Hyatt’s expansion in the Caribbean and on rapidly growing island of the Dominican Republic, which welcomed over 4 million visitors in 2010,” said Pat McCudden, Hyatt’s senior vice president, real estate and development for Latin America, Caribbean, and Mexico. “Having a presence in Punta Cana will further Hyatt’s goal of becoming the most preferred brand in all the segments we serve by adding a hotel in this key resort destination where Hyatt is not currently represented.”