The Ministry of Tourism described as a big success this year’s participation in the 18-22 January 2023 International Tourism Fair (FITUR) in Madrid, Spain. “It was a rousing success for the country and validated the effort and expenditures to create a most attractive stand, considered by many to be the most visited in the entire fair,” the Ministry of Tourism reports.
Investors, tour operators and future tourists congregated at the two-story booth. As reported, the list of people there on opening day read like a Who is Who with King Felipe VI and his consort cutting the ribbon and Dominican Vice President Raquel Peña, Tourism Minister David Collado, and the head of the Chamber of Deputies Alfredo Pacheco representing the Dominican Republic. This year several legislators were guests at the event.
Executives of the Banco Popular and Banco Reservas, banks that lead in the financing of local tourism ventures, and the National Hotel and Tourism Association (Asonahores) were there to talk business.
With music by Juan Luis Guerra, conversations led to deals. According to Tourism Minister Collado, the central focus of this year’s Dominican participation was to (a) push Miches as a destination and (b) to solidify the fact that the DR is, indeed, the place that “has it all.”
Minister Collado noted that nearly three-quarters of a billion dollars had been committed to the Miches area as part of the public/private initiative promoted by the current Abinader administration.
The Ministry of Tourism reports over one billion dollars will be invested in the tourism sector in 2023. Overall, nearly US$3.5 billion will be directed at tourism in the next few years. New hotel ventures underway include the brands Ritz Carlton, Hyatt and Four Seasons.
24 January 2023