1996News

Relatively low inflation

The Dominican Republic has the third lowest inflation rate in Latin America, according to a France Presse wire published last week. Only Argentina and Panama registered, according to their official authorities, lower inflation that the Dominican Republic. The Dominican Republic posted an inflation rate of 6.8% from March 1995 to March 1996. Argentina had an …
1996 Travel News ArchiveTravel

Election affects hotel bookings

The president of the Asociación Dominicana de Operadores de Tours (the local tour operators’ organization), Daisy Grullón, said last week that several hotels have dropped their rates by up to 40% to encourage tour operators to send groups during the election period. She explained that several international news services have commented adversely on the Dominican …