HomeUncategorizedOn the second day of Fitur, the Minister of Tourism announces multiple investments...

On the second day of Fitur, the Minister of Tourism announced multiple investments totaling US$3.445 billion

With just two days of the International Tourism Fair (Fitur 2023) underway, the Ministry of Tourism announced the closing of investments worth US$3.445 billion for the development of new hotel infrastructure in the Dominican Republic.

Minister David Collado stated that this has been the most fruitful participation for the country in this fair, considered the most important in the world in the sector.

“We have secured extraordinary investment deals! For this year alone, 2023, hotel investments will total US$1.645 billion and will add more than 3,000 new rooms,” the minister reported, adding that these developments will generate more than 10,000 direct and indirect jobs.

David Collado at a press conference. (External source).

  Among the new investments, Collado announced, together with the administrator of Banco de Reservas, the closing of an agreement with the Planet Hollywood chain for the construction of a hotel in the Punta Bergantín project, in the city of Puerto Plata.

 David Llibre, president of the Dominican Association of Hotels and Tourism (Asonahores), highlighted that “these investments bring to the country invaluable brands that raise the level of tourism in the Dominican Republic, such as the Ritz Carlton, W Hotels, Dreams, Sports Illustrated, Hyatt, Four Seasons hotels, among others.”.

 Minister Collado also took advantage of the press conference to announce that seven new agreements were closed within the framework of Fitur with European tour operators and travel agencies, with a capacity of more than 700,000 tourists who will be able to arrive in the country this year thanks to this initiative.

Source: Listín Diario.

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