1999News

Asian financial crisis affects DR tourism

The president of the Hotel & Restaurant Association, Rafael Blanco, interviewed at the International Tourism Bourse (ITB), the world’s largest travel fair held in Berlin, Germany, said that the Asian crisis will affect German travel to the DR. German tour operators are pressing Dominican hoteliers to further drop their prices alerting they would take their business to Asian tourism destinations that are now cheaper because of the region’s currency devaluation.