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Punta Cana.– As other hotel markets suffer, planned resorts indicate Dominican Republic remains desirable as Philadelphia-based AMResorts has announced that plans to develop two new luxury resorts at Cap Cana at a cost of US$200 million. Located
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The Ministry of Tourism reported that last year occupation averaged 70.6%, compared to 72.20% in 2007. Highest occupancy rates were in Punta Cana-Bavaro with 77.7%. According to a recent report issued by the DR Ministry of Tourism, arrivals increased
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The Dominican Republic real estate market news is by no means a cause for celebration but it is not all bad news or gloomy either. Dominican Republic still remains among the most popular investment and second home destinations for United States, Canadian
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Santo Domingo.– The Dominican Republic, the second largest Caribbean nation, experienced a slight visitor increase in 2008 despite the international economic slowdown. According to a recent report issued by the DR Ministry of Tourism, arrivals increased
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The secretary of Tourism, Francisco Javier Garcia said that the country is receiving major investment projects and real estate builders in search of new opportunities to the international crisis which is affecting mainly to Spain. The official made these
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MOTAFONGO, Baní. - President Leonel Fernandez yesterday headed the groundbreaking ceremony for the construction of two wind energy parks that’ll generate around 100 megawatts at a cost of nearly 181 million Euros. The company Spanish Inveravante,
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Santo Domingo. - The Dominican economy is not in recession, though affected by the crisis in the United States and the European Union, said Hacienda minister Vicente Bengoa Thursday. The official said if the country was in an economic recession its Gross
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Punta Cana.– Punta Cana International Airport, a major tourism gateway on the east coast of the Dominican Republic, will be getting a new, 40-station check-in terminal and baggage system this month as part of a multi-million-dollar improvement program
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The following is a compilation of different emails that have come across my desk in the last couple of weeks from colleagues. I have taken the time to translate, consolidate and add my opinion. Please take the time to read carefully, if you are considering
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The Dominican Republic's Tourism Minister, Felix Jim�nez, hosted an extravagant luncheon on the 51st floor of Toronto's Manulife Centre recently to announce US$1 billion in tourism infrastructure investment. From now until 2012, the Dominican
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Note that this information is outdated. Santo Domingo.– Dominican President Leonel Ferandez announced that businesspersons from the Balearic islands want to invest 3.7 billion Euros into the tourism industry in the next four years. The same group
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Santo Domingo.– Dominican President Leonel Ferandez announced that businesspersons from the Balearic islands want to invest 3.7 billion Euros into the tourism industry in the next four years. The same group have already invested heavily in the country
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SANTO DOMINGO.- Nonresident passenger arrivals by air in the first four months grew 5.6 percent more than the same period the year before, the Central bank said on its Web site. It said 1,594,712 tourists came to the country, a jump of 84,371 visitors.
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SANTO DOMINGO.- Last week’s presidential elections were successful and orderly, said the Santo Domingo State University (UASD), the Latin America Electoral Senior Advisory Group (Ceela) and the Central American Parliament (Parlacen) yesterday. When
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Santo Domingo.– President Leonel Fernandez declared victory early Saturday in the Dominican Republic's election and pledged to continue pushing forward economic projects that have helped pull the country out of a deep economic slump. Fernandez
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