The Reserve Bank took on a vital role in the inaugural UN Tourism Summit for Africa and the Americas, which took place at the Paradisus Palma Real Golf & Spa Resort hotel from October 2 to 5. This important event seeks to stimulate cooperation between the two regions and comprises of leaders from the tourism sector and governmental representatives, who will discuss key considerations for the sustainable progress of tourism.
In the course of the summit, Deyanira Pappaterra, vice president of Tourism Business, represented Banreservas at the keynote conference centered around “The rising function of public and private banking in tourism investment.”
Speaking on behalf of Samuel Pereyra, Banreservas’ executive president, Pappaterra addressed the notable impact of the financial institution on the expansion of the Dominican tourism sector. She stressed its dedication to financial and social inclusion, along with gender equality.
Moreover, the banking executive pointed out the Bank’s commitment to job creation, new hotel structures’ development, and its leadership role in the financing of cruise ports and theme parks.
Banreservas received recent recognition as an affiliate member of UN Tourism, allowing it to bolster its international tourism business strategy and collaborate with other sector players to encourage investments in the Dominican Republic.
Banreservas, by participating in this summit, underscores its dedication to the growth of sustainable tourism. This platform presents an opportunity to create synergies that benefit the local and regional economy.
This summit marks an important milestone for the country as it positions the Dominican Republic as a global tourism management leader. The summit gathered ministers, academics, and experts discussing the sector’s challenges, opportunities, and necessary sustainable practices to encourage accessible, innovative tourism between Africa and Latin America.
Over the summit’s three-day period at the Paradisus Palma Real Golf & Spa Resort hotel, high-profile meetings, presentations, and sessions were hosted. These gathered ministers, academics, experts, and industry players from both regions. They examined challenges, investment opportunities, sustainable practices, accessible tourism, innovation, culture, history, and mutual growth opportunities between the two continents.