“It’s not because of crime in the Dominican Republic,” says foreign minister on increase of U.S. travel alert

Indicated that several nations are also dealing with this variant of the travel alert.

 

Santo Domingo, DR

Foreign Minister Roberto Álvarez affirmed that the increase in the alert for travel to the Dominican Republic, issued by the United States Department of State, is not due to citizen insecurity but rather the prevalence of the omicron variant Covid-19.

He also indicated that several nations are also dealing with this variant and that their respective alert levels have also changed.

“It is a review that they have made based on the omicron, and if you look at it you will find a series of countries that have been reclassified because of that issue, because of the omicron, that is the only change there is, everything else is same as they have said,” he told members of the press.

Likewise, he assured that this modification would not affect Dominican tourism, pointing out the level of security that exists in the country dedicated to this sector and the level of vaccination of the population.

“It is not because of insecurity in the Dominican Republic,” he stressed.

the alert

“The Centers for Disease Control and Prevention (CDC) have issued a level 4 travel health advisory level, due to a very high level of covid-19 in the country,” read part of the entity’s statement.

This report similarly pointed out that violent crimes, including armed robberies, homicides, and sexual assaults, are a cause for concern in the Dominican territory.

Furthermore, they described that “the wide availability of weapons, the use and trade of illicit drugs, and a weak criminal justice system all contribute to the high level of crime on a broader scale.”

They detailed that the non-urban areas of the country do not have security and that the city, thanks to “a professional tourist police force, a 911 system in many parts of the country, and a concentration of resources in tourist areas,” tend to be better guarded.

They recommended their citizens “to be careful in the environment once they attend the country, not to physically resist any robbery attempt, not to show signs of wealth such as wearing expensive watches or jewelry.”

US$150M plant to recycle 450 tons daily

Santo Domingo.-During an act headed by President Luis Abinader, the Viamar and Rizek groups began construction work on a solid waste recycling and recovery plant in the La Nasa area of San Francisco de Macorís, Duarte province (Dominican northeast).

The work, which will be built with an investment of 180 million dollars, will have the capacity to produce 450 tons of garbage per day. Also generate energy from the use of waste.

Óscar Villanueva, from the Viamar company, stressed that the initiative will represent a great step forward for the country, as a contribution to the solution of the environmental problem created by improper waste management.

“Today we open the doors of a project that will transform the way of dealing with this matter and turn it into an opportunity for national development”

Dominicans mark Founding Father’s birth

Santo Domingo.- Beyond being the sober image of the Father of the Nation, the military or politician, Juan Pablo Duarte was a simple man; revolutionary and activist who arrived disheveled to the dark streets of the Colonial Zone after a cavalcade from the country’s interior.

This is how the historian José Antinoe Fiallo Billini described him, who assured that Duarte was an open-minded man and from childhood he developed skills that years later would be useful to him to realize his ideals of achieving independence.

Dominican Republic: Hotels receive Blue Flag certification

Santo Domingo.– Due to the quality standards in the fields of environmental education, bathing water, environmental management and safety offered during the 2021-2022 period, the Meliá Hotels International hotels: Paradisus Grand Cana, Paradisus Palma Real, Meliá Punta Cana Beach and Meliá Caribe Beach, received the national Blue Flag certificate.

The certificate allows Meliá to improve and expand the connection of its guests with the environment, not only at a natural level but also culturally, providing everyone with a protected and inclusive space to meet the special needs of the people who visit them.

At the same time, it demonstrates the quality and environmental standards maintained by the group’s hotels and which are necessary to develop a sustainable and comprehensive management of the beaches.

The jury was made up of 11 public institutions, including the ministries of Environment, Tourism, Education, Public Health, ASONAHORES, National Aquarium, CIBIMA, Civil Defense, CONADIS, the National Competitiveness Council and the Propagas Foundation, which evaluate the national segments that opt ​​for the award.

Spanish hotel chains highlight Dominican Republic’s work in tourism recovery

Madrid.– The 16 Spanish families of tourism, as they are known in Spain, owners of the most important hotel chains in that country and who have more than 60 thousand hotel rooms in the Dominican Republic, expressed their satisfaction with President Luis Abinader and Tourism minister David Collado for the work done in the country for the recovery and relaunch of tourism.

The business group expressed that the Dominican Republic has been an example to the world and that it is the country that has given them the greatest support to achieve an effective recovery and be able to successfully rehabilitate their operations, as well as all the jobs that had been lost in the pandemic.

These families, who have investments in different countries such as Mexico, Cuba, Jamaica, Spain, the United States, among other destinations, indicated that the Dominican Republic has been the example to follow and where they have been able to recover faster.

Collado expressed that such a success has been achieved thanks to the public-private partnership that has been carried out through the Tourism Cabinet, headed by President Luis Abinader.

Spanish businessmen and businesswomen also informed the authorities that as of today they have more than 5,000 job vacancies in the Bávaro-Punta Cana area; they recognized that this is because the Dominican market recovered very quickly and now they have to hire personnel again.

Abinader appointed a commission to meet these employment needs, in which, in addition to the Tourism minister David Collado, there will be Labor minister Luis Miguel Decamps, and the director of Infotep, Rafael Santos Badía.

Dominican tourism can harvest Madrid crop

Santo Domingo.- The Dominican Republic was a partner country of Fitur 2022 and now it has ahead of it to reap the fruits of what was achieved in Madrid.

Tourism Minister David Collado spoke with Diario Libre about the Dominican experience and the challenges facing this important line of the economy.”

What did Fitur’s challenge mean for the Ministry of Tourism?

“The fact is that Fitur 2022 was a challenge. We made the decision in April 2021, at the previous Fitur, where there was little attendance by the public, a minimum number of countries with stands.

“We analyzed that the vision was to play to the recovery of the country. 899,000 Dominicans depend directly on tourism.”

Magnitude 5.3 quake rattles Haiti, west of Jimaní

Santo Domingo.– A magnitude 5.3 quake occurred this Monday in the Canal du Sud in Haiti, with several subsequent aftershocks, with no reports of damage or injuries thus far.

According to Haitian newspaper Le Nouvelliste, the 5.3 magnitude quake was felt at 8:16 a.m. in Nippes (up to the Sud and Grand-Anse departments) on Monday, January 24. “Just over an hour later, other quakes were felt everywhere, especially in Port-au-Prince.”

The report adds that since the August 14, 2021 earthquake that severely hit the Great South, seismic tremors are frequent in this region.

While the Santo Domingo Seismological Institute has in its registry that the quake occurred at 1:16:24 p.m. (international time, 9:16 a.m. Dominican time). The event occurred 10 kilometers in depth and 159.8 kilometers “west of Jimani, Canal du Sud.”

Abinader: US$2,245 million will be invested in Cabo Rojo-Pedernales Tourism Development Project

Madrid.– President Luis Abinader revealed in Fitur 2022 that the Pedernales Tourism Development Project (southwest), one of the most important commitments of his government, will be carried out in four phases; the first will start with 6 hotel chains, for a total average period of 10 years, and with an estimated investment of 2,245 million dollars.

According to Presidencia.gob.do, he said that in the first phase an investment of 1,300 million dollars is foreseen for the construction of 4,700 rooms, which will become 12,000 rooms at the end of the project.

He stressed that the development of this new and spectacular tourist destination will create nearly 20,000 direct jobs and more than 50,000 indirect jobs, which translates into economic dynamism in the region.

The head of satate pointed out that six hotels will begin operations during the opening of the first phase, for which hotel chains Hilton, Marriott, Sunwing, AmResorts, Iberostar Group and Karisma Hotels & Resorts have already signed a letter of commitment to begin construction of their hotels from the middle of this year.

President Abinader spoke during the presentation of the Tourism Development Master Plan for Pedernales, which begins in Cabo Rojo and will make the change towards a prosperous future in this post-pandemic era as an irreversible reality.

“Our vision of the future of the Dominican Republic is shared, since we want to guarantee a country with remarkable economic growth, with decent jobs and a fair redistribution of our wealth, which reaches the vast majority of Dominican households, families and to every citizen,” he expressed.

He stated that this project will radically transform the lives of thousands of people in the Pedernales province and throughout the southern region of the country.

“Cabo Rojo-Pedernales will be the first tourist destination in the Caribbean to be developed from scratch under a public-private partnership, with a luxury offer based on sustainable tourism, taking care of every detail to offer tourists the best experience,” he said.

He assured that this is one of the most ambitious projects, one of the most demanded and necessary, which is becoming possible thanks to the involvement of many people and institutions who believe in the solidity of the country, in the opportunities that are opening up and in the future that awaits them and that they are building together.

“The Dominican moment has arrived. Invest in it. You will not regret it,” Abinader concluded.

Dominican and Spanish civil aviation authorities sign definitive air transport agreement

Madrid.– As part of the 42nd edition of the international tourism fair Fitur 2022 and with its participation as a partner country, the Dominican Government signed an agreement on air transport between the Dominican Republic and Spain, with the aim of promoting development and sustained growth of tourism and investment in the country, the Civil Aviation Board (JAC) announced.

On behalf of the Dominican Republic the agreement was signed by JAC President José Ernesto Marte Piantini, and by Spain the General Director of Civil Aviation, Raúl Medina Caballero, who updated the legal framework that provides coverage for air links between the two countries, adapting it to current regulations.

The Civil Aviation Board president pointed out that this agreement, which had been pending signature for 12 years, is the product of the review of bilateral aviation relations between the two countries. The updated document replaces and updates the air transport agreement signed 54 years ago, exactly on March 15, 1968.

Marte Piantini stated that, for the Dominican aeronautical sector, Europe is very important. In fact, it represents 18% of the total market and is the second busiest region, after North America. “In the European market, Spain has historically been the most active, with more than 600,000 passengers transported in 2019,” said the president of the body that regulates Dominican aviation.

At the end of the signing of the agreement, the JAC president also highlighted that since 2018 the civil aviation market between Spain and the Dominican Republic has been 99% from and to the city of Madrid.

Foreign investment by Spain in the period (2010 – 2019) amounts to US$1,896.21 million, which represents 6.7% of total foreign investment (25.5 billion) during that period.

Of the total Spanish foreign investment, 55% is dedicated to the tourism sector in the Dominican Republic, distributed in 24 hotel chains with a total of 98 hotels and 46,142 rooms, which translates into 57.5% of the total available rooms as of 2019 (80,000 rooms).

Abinader anticipates the Dominican Republican will have a flag carrier

 Government seeks to improve air ticket prices.

 The initiative would boost the tourism industry much more.

 

President Luis Abinader has preliminarily reported that the Dominican Republic will have a national airline.

During a breakfast with the press that covers the Fitur tourism fair, the president said that “we are going to have an airline that will be mainly from the Dominican capital, which is in process and that in about 30 days we will make an announcement because we want an important group be incorporated.”

Abinader also indicated that this project, together with the other lines that have Dominican capital, will help improve travel prices to and from the Dominican Republic.

During the activity with the press, the Dominican president also announced the construction of a convention center in the Dominican capital.

Abinader says that if necessary the Government will resume Covid insurance for tourists

Madrid Spain

President Luis Abinader affirmed that if necessary, the Government will resume Covid insurance “DR Insurance Tourism Assistance Plan” to guarantee health coverage to tourists traveling to the Dominican Republic. This model bore fruit under challenging times pandemic that it is over.

Speaking exclusively for Listín Diario, the president explained that many insurances had incorporated coverage for Covid-19, and it is no longer a strange case, as when the pandemic began. However, it was not incorporated into standard health insurance, and the operators have not felt the need for it to be restored.

Abinader said that the Government will be pending, “in sight,” to maintain what has been achieved by implementing this insurance, which until now has not been asked to be restored.

“In case it is needed, we will study it,” explained President Abinader, regarding the fact that the Covid insurance that was applied through Banreservas insurance has already ended. The world is experiencing a new wave of variants of the coronavirus.

Previously, President Abinader explained that “we have to learn to live with Covid,” whose outbreak is in a fifth wave in the world, and the contagion levels are high; the lethality is 0.88. He indicated that according to specialists, it is in a plateau stage the tendency is to go down.

Covid insurance model

The health insurance for tourists traveling to the country is paid for by those visitors because the program ended and was supplemented by taking free samples from travelers.

The country has many people vaccinated with a first and second dose. Currently, the number of vaccinated with a third dose is also growing, and some have a fourth (though the policy of a fourth dose failed in Israel). In addition, vaccination for children aged five to 11 years was also announced.

The DR Safe Tourism Assistance Plan impacted more than 400,000 tourists during its validity, from September 15, 2020, to July 31, 2021.

Currently, tourists who, for health reasons, have had to stay in isolated rooms in hotel facilities bear their expenses while they are in that situation. The travel insurance for Covid-19 covered by the Dominican Government expired on July 31 last year.

The coverage attracted thousands of visitors, and other countries copied the model.

Rafael Blanco Tejera, president of the Asonahores, had explained to this editor that the protocols, structured and implemented since the beginning of the opening of the tourism sector, contemplate that hotels have rooms to isolate any tourist infected with Covid-19 and that the hotel offers them monitoring of their health status through allied clinics.

“This cost is assumed by the tourist himself, since the Covid insurance program offered by the Government, through Seguros Reservas, has already concluded, however, we have not had any incidents for this reason,” assured the representative of the hotel sector.

The insurance validity was from September 15, 2020, to July 31, 2021.

This Safe Tourism DR Assistance Plan was recognized for innovation, development, and implementation by the Dominican Association of Health Tourism in the fifth version of the International Congress of Health and Wellness Tourism. In addition, it was recently awarded Mercado Magazine in the Entrepreneurs of the Year 2021 award, highlighting in this opportunity the Allies to the Tourism Sector, as part of recognizing the entities that have contributed with specialized solutions to the resurgence of the local tourism sector.

Latin Hollywood Films brings its 5th production to Punta Cana in less than a year

Renn Loren

In partnership with Sparkhope Productions & HWY 101 Entertainment, Latin Hollywood Films will be filming two pilot episodes for the Alternative TV series List It, to Win It/ Listar Para Ganar, February 8, 9, 10th, 2022, at Punta Cana Resort’s top mansion currently for sale. In addition, the series will be distributed via television worldwide.

The show is Shark Tank meets Life Styles of the Rich and Famous and will feature an impressive list of multi-cultural and international local realtors. This groundbreaking competition show has the realtors compete to win the listing of a pricey multi-million dollar home in the Punta Cana area, a realtor’s ultimate dream and something that would elevate them to A-list status in their field.

Future episodes of the series will be shot in different world-class destinations in the United States and abroad.

The producers are conducting a search for realtors of all levels in their careers. The community response has been unprecedented, with a massive outpouring of support from the hard-working real estate executives in the area.

This is the 5th Production that has been filmed in the area by Latin Hollywood Films, a Los Angeles-based company. Dominican-born CEO Kiki Melendez has been instrumental in green-lighting many television series in the United States in English and Spanish Markets.

This past May, Latin Hollywood Films filmed 3 Comedy Specials Broads Abroad, Black Girl Magic, and Reinas De La Risa, distributed by Maverick Entertainment. This past August, the company filmed two commercials for PBS Kids. Latin Hollywood Films has one documentary and two feature films in development, which they hope to also film on the Island.

Carmen Marrón

“We have assembled a tremendous dream team for List It To Win It/Listar Para Ganar, and we are bringing more work and exposure to this beautiful area, thanks to the great people of Punta Cana who have been very supportive.”
Award-winning Carmen Marrón will direct these shows (Go For It!, Endgame, Queen Sugar). “It is an honor to create a series that will showcase the incredible talent and heart of realtors, and to start in beautiful Punta Cana is going to be paradise film- mafilm-makingeVenne

Executive produced by HWY 101 Entertainment CEO Kim DeVenne:
“We are very excited to kick off this international series world-class luxury destination like Punta Cana while bringing more diversity and inclusion to television.” Cinematography and production services by Giancarlo Beras Goico from TimeCodesFilms (“Freddy” La Pelicula and more).

Participation of the Dominican Republic in Fitur projects business of US$2 billion

President Abinader arrived in the country yesterday through the Punta Cana Airport.

Participation of the DR in Fitur projects businesses of US$2 billion. The President of the Republic, Luis Abinader, returned to the Dominican Republic yesterday Friday after exhausting his schedule at the 2022 edition of the International Tourism Fair (Fitur) held in Madrid, Spain. Upon his arrival, the president highlighted the participation of the Dominican Republic in the event, which he said was successful and “highly beneficial for the country” due to the amount of business that was achieved.

The president revealed that, between what was achieved by the banks of Reserves, Popular, and the BHD, and what was negotiated with investors who met with him, business is estimated at over 2 billion dollars. In two days of Fitur 2022, the president held 27 meetings with tourism investors, tour operators, airlines, hotel chains, and airlines.

Before traveling to the Dominican Republic this Friday the 21st, the Dominican head of state concluded his busy schedule of work and meetings in this Spanish capital, and during the presentation of the Tourism Development Master Plan for Pedernales, the president announced that this project is one of the the most important bets of this Government administration and that it will be done in four phases.

The first will start with six hotel chains, for a total of 10 years, with an estimated investment of 2,245 million dollars. This new tourist pole will create about 20,000 direct jobs and more than 50,000 indirect ones.

Businessman highlights tobacco exports

Santo Domingo, DR
For the executive president of Tabacalera A. Fuente, Ciro Cascella, this is a “historic moment for Dominican tobacco” since its exports amounted to US$1,236 million in 2021.

Cascella said that this is a sign that in 2022, that sector will continue its consolidation to consecrate the Dominican Republic as the world’s leading country in tobacco exports.

Cascella assured that one of the reasons that explain this global leadership is the support of the government of President Luis Abinader and the Minister of Industry, Commerce and Mipymes (MICM), Víctor -Ito- Bisonó, who a few weeks after taking office presented a plan to relaunch the tobacco sector.

In addition, the businessman said that the growth of this economic activity is thanks to the people who work in the farms and factories, who learned to live with the pandemic and attributed the sector’s success to the quality of the products and raw materials generated in the country.

“That combination of factors allows today, this small Caribbean island to be a world tobacco giant,” he said.

Cascella indicated that the country’s image enjoys an excellent economic moment, attracts investments, and is a quality market.

The president of Tabacalera A. Fuente predicted 2022 full of success and growth, “especially in handmade cigars, further strengthening our products and country brand in important markets such as the United States, Europe, Asia and the Middle East.”

Nearly 100 years of history behind Heritage Chocolate

The Dominican Republic is famous for exporting some of the best cocoa beans in the world. However, few people know that the D.R. also produces high quality handcrafted chocolate bars.

Among those artisan chocolatiers are two brothers who hail from Nice, from where they embarked on their new adventure six months ago.

Jean-Pierre and Valéry Bolonotto didn’t come to the chocolate business by chance. They have their own inspiration: their father, Pietro Bolonotto, an Italian immigrant who was one of the pioneers in the Dominican confectionery, bakery and chocolate industry dating to the 1930’s.

When they sold their brands and machinery in 2008, they couldn’t have imagined that they would reunite 13 years later to start making chocolate again, not on an industrial scale this time, but as handcraft chocolate artisans instead.

Priority 1:   quality

Their focus isn’t quantity any longer, but quality.

What “Valé” and “JP” craft are fine flavor “less processed” chocolate bars.

Their techniques for roasting at low temperatures and stone-grinding the cacao beans, “conching” their batches for days and aging them before molding their bars, are intended to reveal the natural flavor notes of each cacao terroir, as they make exclusively single origins chocolates with the best Dominican organic beans, without soy lecithin, preservatives or any kind of additive or flavoring.

Heritage packaging is also 100% plastic-free and recyclable.

If you haven’t tasted their bars, check-out their Instagram @heritage_chocolate to learn more and get the list of their retailers.

UNWTO awards Dominican Republic for success in tourism recovery

Spain – The World Tourism Organization (UNWTO) recognized the Dominican Republic for its successful recovery in the tourism industry and its efficient management of sanitary protocols in the different destinations of the Caribbean country.

The award was presented by UNWTO Secretary-General Zurab Pololikashvili to President Luis Abinader in the presence of Tourism Minister David Collado during a meeting with more than 200 travel agents, tour operators, and airline owners as part of the celebration of the 42nd version of the FITUR tourism fair, which officially begins this Wednesday.

The UNWTO secretary-general highlighted the management and sanitary protocols applied in the Dominican Republic to guarantee safe tourism, thus achieving the most successful recovery of the industry in the entire region, reaching record figures in tourist arrivals.

Meanwhile, President Abinader thanked for the distinction and explained that since his arrival to the presidency, tourism recovery had been one of the main priorities, given the contributions it represents for the Dominican economy.

Furthermore, Minister Collado attributed the success of the recovery to the political decision of President Abinader and the joint effort of the public and private sectors, hand in hand with the Association of Hotels and Tourism (ASONAHORES), which was represented by its president Rafael Blanco Tejera.

“From the Tourism Cabinet we have spared no effort to achieve this recovery because for us tourism has a human face,” said the Minister of Tourism, who presented the destinations of the Dominican Republic to more than 200 tour operators and travel agencies that gathered at the Eurostar Hotel in this city.

Minister Collado explained to the different agencies and tour operators that the Dominican Republic is the only destination in the region where 100% of the employees of the tourism sector are fully vaccinated with two doses and that it has the lowest incidence rate of contagion in the tourist poles, making the country a safe destination to travel.

He also indicated that the Dominican Republic had become a tourism reference in the region thanks to its recovery.

Also present at the event, Spain’s Minister of Industry, Trade and Tourism, Reyes Maroto, the Dominican Ambassador to Spain, Juan Bolívar Diaz, the Dominican Ambassador to the WTO, Anibal de Castro, and more than 100 of the country’s businessmen.

Government will promote tourist arrivals to Puerto Plata in alliance with Air Transat

President Luis Abinader said that due to the wave of the virus, the fate of Puerto Plata has been affected by 20% as well as the North Coast so that agreements will be signed, within the framework of Fitur 2022, with airlines such as Air Transat, the Swiss airline and others from all over Europe to which support will be guaranteed so that they continue to bring tourists to the bride of the Atlantic and Samana.

With the president’s statements, it is evident that the destination needs to recover the arrival of tourists by air, since, in terms of visitors by cruise ships, the recovery has been gradual but firm, and more with the incorporation of the new port Taino Bay.

“We are going to reach many important agreements; we are going to have meetings with different airlines such as Air Transat and other airlines from all over Europe to guarantee that they must continue, that they can continue and that they will count on us and with the support of resources for the promotion and so that they continue with their plans to take tourists both to Puerto Plata and also to Samaná,” the president said.

In that sense, the president of the Lifestyle Group, Markus Wischenbart, with a significant presence in Puerto Plata, described as transcendent the participation of the Dominican Republic as a partner in the Fitur 2022 tourism fair because it is the beginning of another step forward to strengthen the recovery of Dominican tourism.

“Fitur is historically the flag to start the great negotiations and promotions of our destination. And as always from this great fair the Dominican tourism industry will come out stronger than ever,” he said.

He assured that from his business group, no effort is spared to guarantee the total recovery of the Dominican and the special tourism of the country’s north coast.

Tourism inks US$1.4B pacts with operators, airlines

Santo Domingo-. The Ministry of Tourism signed agreements, separately, with the Polish tour operator Rainbow Tours and the Spanish Iberia and German airlines, Euro Wings for the development and sustained growth of tourism in the Dominican Republic.

Abinader led, together with the Minister of Tourism, David Collado, the signing of the agreement as part of the activities scheduled within the framework of the International Tourism Fair (Fitur 2022).

The first agreement signed with the airline Iberia, seeks to carry out actions to promote the Dominican Republic in Spain, indicates a press release.

Grupo Piñero seals alliance to open projects in Dominican Republic and Jamaica for US$200 million

 With the financing, it plans to reactivate its regional portfolio.

 

The Inter-American Development Bank ( IDB ), through its private branch IDB Invest, and the Banco Popular Dominicano (BPD) have granted 200 million dollars (175.4 million euros) to the Piñero Group to promote the reopening of its hotels in the Dominican Republic and Jamaica.

Expressly, the IDB has granted 120 million dollars (105 million euros) to the group, which has 27 hotels in the Caribbean and Mexico. On its side, Banco Popular has granted a loan of 80 million dollars (70 million euros) to the hotel operator.

 

The new liquidity will meet its working capital needs and investments in its hotel facilities, offering a financial cushion during the sector’s recovery stage. The acquisition will also support the economies of both countries, given their high dependence on tourism.

With the financing, Grupo Piñero plans to reactivate its regional portfolio in line with the return of international demand, which will also help recover the generation of foreign currency.

In addition, the reopening of the hotels will mean a reactivation of local value chains and a stimulus for the rehiring of jobs lost during the pandemic and the maintenance of current ones, and promoting the training and qualification of its employees.

Through financing from IDB Invest, Grupo Piñero will participate in a technical consultancy to analyze the impact of climate change on the group’s properties and will design a project for the restoration of mangroves and corals, as well as the protection of coastal areas.

With the transaction, IDB Invest reinforces its confidence in the recovery of sustainable tourism and its commitment to this priority sector in Latin America and the Caribbean, hoping that this transaction will catalyze additional investments in the region.

The operation is expected to contribute to four of the United Nations Sustainable Development Goals (SDGs): Decent work and economic growth (SDG 8), Responsible consumption and production (SDG 12), Climate Action (SDG 13), and Partnerships to achieve the goals (SDG 17).

Dominican Republic flexes its tourism muscle in Madrid

Madrid.- The good health of Dominican tourism has been exhibited since yesterday in Madrid, Spain, on the first day of the agenda prior to the inauguration this Wednesday of the 42nd edition of the International Tourism Fair (Fitur), with the participation of almost 7,000 companies and 107 countries.

The Dominican Republic, which is participating this year as a partner country in Fitur, had the best month of September, October, November and December in its history in 2021, after a progressive recovery after the closure due to the pandemic.

According to data from the Dominican Ministry of Tourism offered in the first week of 2022, only in December of last year 728,335 tourists arrived in the country, while in the last quarter of 2021 1,691,667 travelers did so.

This Monday, the Dominican Minister of Tourism, David Collado, defined the Dominican Republic as the “strongest economy in Latin America” ​​due to the “rapid recovery” that its tourism experienced, after the impact of the pandemic. Spain, on the first day of the agenda prior to the inauguration this Wednesday of the 42nd edition of the International Tourism Fair (Fitur), with the participation of almost 7,000 companies and 107 countries.

The Dominican Republic, which is participating this year as a partner country in Fitur, had the best month of September, October, November and December in its history in 2021, after a progressive recovery after the closure due to the pandemic.

According to data from the Dominican Ministry of Tourism offered in the first week of 2022, only in December of last year 728,335 tourists arrived in the country, while in the last quarter of 2021 1,691,667 travelers did so.

This Monday, the Dominican Minister of Tourism, David Collado, defined the Dominican Republic as the “strongest economy in Latin America” ​​due to the “rapid recovery” that its tourism experienced, after the impact of the pandemic