Millions to be invested in Dominican tourism sector

Tourism sector to bring close to 2,000 rooms so far in 2022

In the next four years, the Dominican Republic’s tourism sector would be receiving investments of approximately 34,331 million dollars in mixed, hotel and real estate projects, contributing close to 9,026 rooms to the Dominican market.

“A fundamental indicator to see investment in the future is what happens today with those who put their money in the Dominican Republic, such as hoteliers and all those who invest in infrastructure such as water parks and other real estate investments,” said Jacqueline Mora, technical vice-minister of Tourism.

She explained that so far this year they have already sold close to 2,000 rooms between real estate and hotel companies.

“Important projects such as Downtown Punta Cana, in its second stage which is already out and, with this, investment projections of some 34,331 million dollars in the next four, five, seven years, depending on how the Downtown Punta Cana project goes,” she said.

Data recently presented indicate that nine projects will be developed in the province of La Altagracia, one in Santo Domingo and two in La Romana.

Tourism behavior in the Dominican Republic

During May 2022, 561,323 non-residents arrived in the country, representing an 11% increase over the same month of 2018, 6% over May 2019 and 44% over the same period of 2021.

Among non-residents arriving in the Dominican Republic in May 2022, some 453,371 were foreigners and 107,952 Dominicans. These travelers represented US$640 million for the Dominican economy.

Passengers arrived via 4,675 commercial flights, with an 80% occupancy rate. They arrived in the country through more than 200 routes, connecting the Dominican Republic with 128 cities through 125 airlines.

Data recently presented by the Ministry of Tourism indicate that, via sea, the Dominican Republic received 82,199 people during May 2022. Of these, 50,233 were single cruisers and 24,114 crew members, including cabotage.

In addition, passengers arrived by 10 different lines, of which 19 were cruise ships and 13 ferries.

According to the Tourism publication, in the last 12 months, 6,459,738 non-residents arrived in the country, of which 2,902,280 passengers arrived between January and May 2022.

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