Karisma Hotels & Resorts Builds World’s First-Ever Gourmet Inclusive® Nickelodeon Property, Now Welcoming Guests for Five-Star Vacations in the Dominican Republic

MIAMI–(BUSINESS WIRE)–Karisma
Hotels & Resorts and Viacom International Media Networks
(VIMN), a division of Viacom Inc. (NASDAQ:VIAB and VIA), are pleased to
announce the highly anticipated opening previews of Nickelodeon
Hotels & Resorts Punta Cana. Setting a new standard for
Nickelodeon by delivering Karisma’s renowned Gourmet Inclusive®
Experience, the five-star property welcomed its first guests over the
weekend for an exclusive preview event in the picturesque Dominican
Republic.

Guests enjoyed the upscale resort – Nickelodeon’s first-ever
international property, built by Karisma Hotels & Resorts. Families,
couples and groups visited from around the world to take part in the
opening festivities, which included an array of activities and whimsical
surprise touches at every turn. Guests basked in the sun and enjoyed the
ocean, pools, and golden sands of Uvero Alto beach, as well as the
luxurious property’s numerous venues for recreation, relaxation, and
word-class dining. The property has re-imagined the art of hospitality
to deliver delightful twists including surprise slimings and unexpected
visits from your favorite Nickelodeon characters.

“With the opening of Nickelodeon Hotels & Resorts Punta Cana, it’s now a
reality for Nickelodeon fans and luxe resort lovers alike to enjoy a
dream beach vacation complete with non-stop entertainment, five-star
culinary experiences, and quality time with their favorite characters,
friends and family,” said Gerald Raines, Senior Vice President, Global
Recreation for Viacom International Media Networks.

Nickelodeon Hotels & Resorts Punta Cana commemorated the soft opening
this past weekend with a ribbon-cutting ceremony attended by key
executives of Viacom International Media Networks and Karisma Hotels &
Resorts, as well as government officials and leaders from the Dominican
Republic.

Nickelodeon Hotels & Resorts Punta Cana represents a landmark hotel
opening, reimagining the art of hospitality with luxurious
accommodations, modern and stylish design, endless entertainment,
innovative amenities, impeccable service, and Karisma’s renowned Gourmet
Inclusive® Experience for guests that value quality.

Armando Chomat, Executive Vice President of Sales & Marketing at Karisma
Hotels & Resorts, commented, “The immersive and interactive experience
at Nickelodeon Hotels & Resorts is one-of-a-kind – the property
seamlessly combines five-star luxury with fun and imagination in a new
way. We were thrilled to have built the world’s first-ever Gourmet
Inclusive® Nickelodeon property and to have welcomed our first guests
over the weekend. We look forward to being part of families’ traditions
and unforgettable vacation experiences for years to come.”

Guests are encouraged to join in the vacation fun now that Nickelodeon
Hotels & Resorts Punta Cana is officially open*. Opening specials begin
at $345 per adult, per night including the Gourmet Inclusive® Experience
of all gourmet meals served a la carte, premium alcoholic and
non-alcoholic beverages, 24-hour room service and full service
concierge. Guests who book this summer can take advantage of up to 45
percent savings with Sun, Slime & Savings! promotion, valid for bookings
from June 2016 for travel through January 31, 2017. Additionally, up to
two kids under 13 years old Stay, Eat and Play Free with a minimum
4-nights’ stay when staying in a room with two adults; the third child
will pay a child rate. Reservations can be booked by calling 1 (844)
SEE-NICK or by visiting www.nickresortpuntacana.com.

*Select venues and entertainment at Nickelodeon Hotels & Resorts
Punta Cana will open in August 2016 as part of the full vacation
experience.

About Karisma Hotels & Resorts:

Karisma Hotels & Resorts, an award-winning luxury hotel collection which
owns and manages properties in Mexico, Latin America, the Caribbean and
Europe, comprises an impressive portfolio including El Dorado Spa
Resorts & Hotels, Azul Hotels & Villas by Karisma, Generations Resorts
by Karisma, Allure Hotels by Karisma and Karisma Hotels Adriatic.
Properties have been honored with the industry’s top accolades including
Conde Nast Traveler’s “Top 100 Hotels in the World,” Conde Nast
Traveler’s “Top 30 Hotels in Cancun,” TripAdvisor® Traveler’s Choice
“Best Family Resort in the World,” and “Best Hotels for Romance,” and
AAA’s “Four Diamond Award.” Karisma has received worldwide recognition
for its creative approach to hospitality management and product
innovations. For reservations and a full list of Karisma properties,
please visit www.karismahotels.com.

About Nickelodeon

Nickelodeon is one of the most globally recognized and widely
distributed multimedia entertainment brands for kids and family. It has
built a diverse, global business by putting kids first in everything it
does. The company’s portfolio includes television programming and
production around the world, plus special events, consumer products,
digital offerings, recreation, books, feature films and pro-social
initiatives. Nickelodeon’s brands reach 1.1 billion cumulative
subscribers in more than 160 countries and territories, via more than
80+ locally programmed channels and branded blocks. Outside of the
United States, Nickelodeon is part of Viacom International Media
Networks, a division of Viacom Inc. (NASDAQ: VIAB, VIA), one of the
world’s leading creators of programming and content across all media
platforms.

About VIMN

Viacom International Media Networks (VIMN), a unit of Viacom Inc.
(NASDAQ: VIAB, VIA), is comprised of many of the world’s most popular
multimedia entertainment brands, including MTV, Nickelodeon, Comedy
Central, BET, Paramount Channel, Channel 5 in the UK, VH1, VIVA, COLORS,
Spike, Game One and Tr3s: MTV, Música y Más. Viacom brands are seen
globally in more than 3.2 billion households in approximately 170
territories and 40 languages via more than 200 locally programmed and
operated TV channels and more than 550 digital media and mobile TV
properties.

Contacts

Media Contacts:
J. Wade Public Relations
Jennifer Wade, Nicole
Kraft or Dina Rosenberg
415-325-5519
karismapr@jwadepr.com