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Dominican Republic; New Times, New Opportunities
SANTO DOMINGO, (forbescustom.com). -The U.S. believes that links with the Dominican Republic can help widen investment and trade in the region. As the country with the strongest economy and second-largest population in the Caribbean, the Dominican Republic Read More...
Dominican Republic remains in demand for tourism investors
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 Read More...
Dominican Republic Tourism Overview
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 Read More...
Dominican Republic Real Estate - Stable Long Term Prospects
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 Read More...
Dominican tourism reports increase in 2008 visitors
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 Read More...
Punta Cana Airport improvement program announced
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 Read More...
What to Expect in 2009! Punta Cana & Dominican Real Estate Market
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 Read More...
Spain to invest 3.7 billion euros in tourism in Dominican Republic
Note that this information is outdated.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 Read More...
Spain to invest 3.7 billion euros in tourism in Dominican Republic
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 Read More...
Dominican Republic gets 5.6% more tourists in first 4 months
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. Read More...
More Russian tourists coming
The Russians have taken a liking to the DR. An increase in demand has led Russian airline Transaero to switch its Thursday and Sunday flights from a Boeing 767-300 with capacity for 230 passengers to a Boeing 747-400 with capacity for 352. The 9,259km Read More...
Straight from Moscow, Russians land in Dominican east - More Tourists, More Investors!
SANTO DOMINGO.- The first direct flight from Moscow landed at international Punta Cana International Airport (east) Sunday, after a Russian airline Transaero Boeing 747-400 covered a distance of 11,000 kilometers, flying 12 hours. The tow-story jet fly Read More...
Dominican Republic Tourism Numbers Up!
Tourism Minister Felix Jimenez says that the number of tourist arrivals increased by 5.9% in March 2008. This brings the total of non-resident foreign arrivals to an 8% increase for the first three months of this year. The statistics indicate that US Read More...
New Dominican airline gets first plane
SANTO DOMINGO.-The new carrier Air Dominicana will begin operations May 2, with its fleet’s first airplane ready; a 737-A, already identified with the Dominican flag’s colors, red, white and blue. Newspaper Diario Libre reports that the Dominican Read More...
Dominican Republic’s tourism industry grew 5.9% in March
SANTO DOMINGO.- Dominican Republic’s tourism industry grew 5.9 percent in March compared with the same month last year, and 1.1 million visitors arrived in the first quarter. Tourism minister Felix Jiménez said last month’s arrival Read More...
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