The Reserve Bank participated in the World Travel Market 2023 tourism fair, where it established direct contact with the main representatives of hotel chains worldwide, with the aim of attracting new investments for the country.
The annual activity brings together senior executives from hotel groups, providing an opportunity to expand their network of contacts with clients and close significant agreements, where the banking entity has been a constant participant in this activity since 2015.
The official inauguration ceremony of the Dominican Republic stand was attended by the Minister of Tourism, David Collado, and prominent businessmen such as Luis Emilio Amiama, from Central Romana Corp. and the main executives of Dominican banking.
This edition of the fair was held from November 6 to 8 at the Excel exhibition center, Docklands, with the attendance of hotel groups, such as Karisma Hotels & Resorts, Blue Diamond Resorts, Bluebay, Palace Resorts, Faranda, Hyatt Inclusive Collection, ITM Group, Grupo Posadas, RCD Hotels, Lopesan, MGM Muthu and Park Royal Hotels & Resorts, belonging to the Royal Holiday group.
It is recalled that in the field of tourism, the DR received some 131,124 visitors from England until last October, which reflects its growing importance as a European tourist destination. The number of visitors in 2022 totaled 188,063 travelers. The country is positioned as one of the favorite tourist destinations in the Caribbean, both for English people and tourists from other destinations in Europe.
The British consider the Dominican Republic an attractive destination in the Caribbean, highlighting its natural and cultural charms and renowned golf courses. In addition, the availability of direct flights from London to Punta Cana through airlines such as TUI and British Airways has contributed to the increase in tourists from England in recent years.