Santo Domingo.- The Dominican Republic’s Hotel and Tourism Association (ASONAHORES) has called for a complete analysis of current tax systems. It proposed this as part of the Tax Reform. ASONAHORES emphasized the need to protect sectors promoting economic growth and job prospects.
David Llibre, the president of ASONAHORES, underlined the significant contribution that industries like tourism make to the economy. He pointed out that the revenue from these sectors exceeds tax exemption losses. ASONAHORES disclosed that the country’s tourism sector registered 23% annual growth from 2019 to 2023. They also reported a 6% tourist arrival increase. Despite this progress, the hotel sector growth remains sluggish, stressing the need for fiscal changes.
According to the association, tourism forms the country’s economic pillar. It fuels the growth of diverse productive chains benefiting the agriculture, industry, and service sectors. ASONAHORES insists on tax reforms that promote competitiveness and growth. They recommend tackling unfair competition and preserving dynamic sectors that attract investment.