As international travel resumes in many areas of the world, members are reporting excellent figures for both arrivals and tourist expenditure. This is although the sector continues to confront several obstacles, including the continuing pandemic, rising interest rates, and living costs, and increased economic and geopolitical uncertainties.
Minister of Tourism David Collado of the Dominican Republic has informed UNWTO of record arrival figures for April, May, June, and July. Notably, arrivals were 24% higher in July than in 2019, putting the country on track for its greatest year ever in terms of sales taxes and income generation.
UNWTO congratulated the Minister and praised the Dominican Republic for its consistent and strong support for tourism. The UNWTO also recognizes the private sector’s vital contribution, as demonstrated by the Dominican Republic’s Association of Hotels and Tourism (ASONAHORES), which is presently celebrating its 60th anniversary.
This rise occurs even though the Dominican Republic’s attractions continue to be underserved by visitors from Russia and Ukraine, two traditionally major source markets. The Dominican Republic was the topic of the inaugural UNWTO Investment Guidelines publication, issued at the beginning of 2022, in honor of its leading reputation as a resilient destination.
The new guideline, created in collaboration with the Dominican Republic’s Ministry of Tourism and the National Export and Investment Center (PRODOMINICANA), gives crucial insights for investors looking to increase foreign direct investment in the Caribbean destination.
In the first quarter of 2023, the Dominican Republic will also host the 118th session of the UNWTO Executive Council.
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