The World Tourism Organization forecasts a strong tourism rebound worldwide and a more positive outlook for the future months. The Panel of Tourism Experts of the WTO are significantly more optimistic on the coming four months. There is the expectation for a gradual improvement in economic conditions, reduction of uncertainty as a result of the relaxation of international tensions, and the waning of SARS. However, late reservations and a noticeable price sensitivy are expected to persist, according to the experts WTO polled. WTO also reports that the trend to individual travel will continue to increase.
The report states that the Caribbean in general is showing clear signs of resurgence, but mentions that the double-digit increases in travel to the Dominican Republic were ?impressive.? The DR is listed as receiving 2.8 million arrivals, up an average 19.3% for the first four months of the year. The WTO report also looks into the effect of the appreciation on the euro will have on travel, meaning citizens of the euro area are stimulated to travel to dollar-pegged countries, such as the Dominican Republic. The depreciating Dominican peso is making travel here even more attractive.
See http://www.world-tourism.org/