1998News

Hotel industry trade show in September

The National Hotel & Restaurant Association announced the celebration of its 12th Trade Show for 3-6 September at the Dominican Fiesta Hotel. The event will be dedicated to the memory of Pedro Garrido, who was executive director of the association and passed away last year. Some 175 exhibits from tourism industry suppliers and Dominican hotels will be open to the public during the trade show. Tourism is the Dominican Republic’s leading generator of foreign exchange. Last year, Central Bank reports indicate that it generated US$2,106.3 million, and contributed 17% of the Gross Domestic Product. This was up from US$1,800 million in 1996.