TOURISM INVESTMENTS IN DOMINICAN REPUBLIC WILL CONTINUE

Source: Arecoa

Investments for the development of new tourism projects will be registered for this year and are expected to continue their normal course, despite the publicity campaign that directly attacked the Dominican Republic, started in May 2019 and the coronavirus pandemic.

According to Asonahores statistics, in 2019 Confotur converted the construction of 10 new hotels that would contribute 1,857 rooms and the expansion of five hotels with 1,496 rooms. In other words, a total of 3,353 new rooms were obtained for 2019. Nine hotels have also been remodeled, adding 2,763 rooms. The Piergiogio and Iberostar Bávaro Selection hotels, with 52 and 590 rooms, respectively, were reopened.

Andrés Marranzini said that the economic and political stability that the country is experiencing, as well as citizen security compared to other destinations, contributes to making it the best option to invest.

The Asonahores executive highlighted that at the end of 2019, despite the media attacks, the Hyatt Ziva and Hyatt Zilara hotels were opened, located in Cap Cana, with 750 rooms and belonging to the Playa Hotels & Resorts group with the concepts of family and for adults.

He indicated that another end-of-year project was the Lopesan Costa Bávaro Resort, Spa & Casino hotel, under the all-inclusive model, which in a first stage has 1,042 rooms and in a second stage 2,000 new rooms. In addition, according to statistics from the Ministry of Tourism (Mitur), in 2019 85 new projects were approved by Confotur, 51 already definitive and 31 provisional, pending final approval, they will be built in stages and in their entirety will provide 28 thousand additional rooms. Marranzini recalled that in 2019 only the Grand Bahía Príncipe Turqueza, Puerto Plata Village and Bahía Príncipe Río San Juan hotels closed.