About 300 foreign investors They were yesterday at the Caribbean Hotel Investment Conference & Operations Summit (CHICOS) that takes place in the Dominican Republic.
This group of hotel developersindustry suppliers and managers of hotels installed in the country and others in the region, were able to appreciate the positioning of local tourism after the pandemic.
The congress highlighted that this nation not only leads the region by a high volume of tourists and hotel occupancy, but in the monetary income generated in this sector, which allows hiring staff and ensuring the flow of foreign investment, according to international tourism statistics
Director of Economic Studies of the Ministry of Tourism (Mitur), Enrique Penson, informed Listín Diario that hotel investment in the country should be increasedin view of the increased demand for hotels.
“Part of the task that the Ministry of Tourism had to bring this conference to the country is to ensure an increase in investment, we are talking about investors from the world’s largest hotel chains,” Penson told Listin Diario.
The manager commented that they are Many procedures were streamlined to facilitate the investment process and that interested parties can access data related to the sector without complications.
Penson indicated that another of the neuralgic attractions to do this type of business is the law to promote Tourism Investment.
“A The Dominican Republic is doing extremely well and it contrasts with the region, it is unfortunate, but when investors analyze the country they feel confident, since we have all the indicators in green”, he pointed out.
excited
Enrique Penson maintained that the hotel executive directors who met with the Dominican authorities expressed being moved by what was heard in that space.
He said this would translate into more hotel remodeling, expansion and construction. This group of negotiators comes mainly from the United States, Mexico, Spain, India, among others.
According to informationit is estimated that the total invested in hotels exceeds US$15,000 million. In addition, that 54% of hotel investment is of foreign origin; the local one 15% and the mixed one 31%.
Abinader and tourism
Leading the celebration of the CHICOS conference and the presentation of the Punta Bergantín Project, President Luis Abinader affirmed that The Dominican Republic plays a crucial role in the tourism marketplacing itself at the head of all countries worldwide, leading the recovery, investment and flow of tourists.
The Head of State, on a visit to Bayahibe, said that with this latest project, Punta Bergantín seeks to convert the Dominican Republic into a preferred destination for tourism linked to the international film industry.
He stressed that the country has assumed the role that corresponds to it at this time, also putting the entire machinery of the State to work in favor of this business sector, so that they know that at all times they can count on the support of the Dominican Government.
“My commitment to you is total. And that’s how I want you to feel it. The alliance between our sectors goes beyond what can be a circumstantial strategy. It is a true commitment to the country, with its economic and social development, with the creation of employment and the strengthening of other productive sectors”, he stated in his speech.
Abinader spoke at the Caribbean Investment Conferenceaccompanied by the Minister of Tourism, David Collado, where he pointed out that this collaboration is a fundamental part of the Country Brand.
The CHICOS conference takes place at the Hilton hotel in La Romana, from yesterday until today 11, in which more than 300 investors and hotel operators meet worldwide, in addition to the main tourist authorities of the Caribbean.
Goal
The meeting aims to explore the challenges, winning strategies and opportunities in the tourism sector. The conference seeks to look to the future and create a space for the promotion and attraction of new investments in the region.
Strengthening tourism investment in the Dominican Republic and the Caribbean will be the focus of this conferencewhere opportunities, incentives and the future of the sector will work together.
“This year comes to our country with the best proposals to open spaces for dialogue and communication between the different investors and tour operators in the world, who find in the Dominican Republic a country that offers them the best opportunities to develop their ideas within the thriving national tourism industry, which is a global example of resilience, economic growth and development” highlighted Abinader.
Confidence
The head of state affirmed that the legal certainty offered by the country is also one of the elements for which many investors place all their trust in the Dominican Republic when it comes to investing.
In addition, he said, the bet that has been made to promote and ensure permanent collaboration between the State and the productive and economic sectors of the country, through the public-private partnership, is of vital importance for growth and development.
These public-private alliances, he considered, are being able to assume many of the plans and projects of the Dominican State that had been stalled for years for different reasons for its execution.
“Now, with a shared vision of the future of the Dominican Republic, we are guaranteeing a country with significant economic growth, with decent jobs and a fair redistribution of our wealth, whose objective is to reach all Dominican households, families and each citizen and citizen”, Abinader meant.
The ruler maintained that for all these reasons he has endeavored to secure all the roads so that the change towards a prosperous future in this post-pandemic era is a realitywith a spirit of work in favor of the growth and stability of the Dominican Republic.
Abinader welcomed to the country the more than 300 investors and hotel operators from the region and from a large part of the world who have wanted to be present at this important meeting, and who come with the intention of exploring the challenges of the tourism industry global level. .