DR’S HOTEL BOOM CONTINUES

Source: Caribbean Journal

The Dominican Republic is continuing a full-fledged hotel development boom, according to new data from hotel analytics firm STR.

The Caribbean’s most popular tourism destination has a total of 6,200 rooms in construction right now, or 8.7 percent of its existing hotel supply.

That’s easily the largest number of rooms in construction of any Caribbean destination, followed by Cuba, which has 600 rooms in construction, or 0.9 percent of its supply.

That comes after the Dominican Republic saw a 6 percent growth in its hotel stock in 2018, according to data from the country’s Ministry of Tourism.

Last year’s additions increased the Dominican Republic’s hotel supply by 4,365 rooms.

The country now boasts 80,256 hotel rooms.