Noticias y perspectivas

An interview, published in Spanish, with the businessman and philanthropist who found a purpose in the Dominican Republic: honouring Cuban-Spanish roots while helping to reshape the country's property landscape.

Asked what he is building toward, he frames achievement as an inherited obligation rather than an accumulation: a legacy to be replicated, not spent.

Para mí el éxito implica una responsabilidad mayor: la de replicar un legado de excelencia.

Grupo De Valle marked its fourth hotel delivered in under thirty-six months: the country's first Days Inn, at Juan Dolio, scheduled to open on 8 December.

The franchise agreement was signed by Edward with the franchisor's chief executive, Geoffrey A. Ballotti. Four properties inside three years is the number the group keeps returning to, because in Dominican hotel development it is an unusual one.

Edward returned to SIMA Madrid as a keynote speaker, representing the Dominican Republic at Europe's most important real-estate fair.

His subject was the hybrid development: projects that merge hotel and condominium ownership, giving an investor both personal use and a return. It is the model he has been building at scale with international flags.

Staying competitive isn't about designing stark, modern buildings just to catch attention, it's about creating products that resonate globally.

At FITUR 2025, Banreservas and Grupo De Valle formalised the financing for the Days Inn at Juan Dolio, putting the national bank behind a mid-scale hotel on the south coast.

Six million dollars approved against a total investment of $12.6 million. The structure had already reached sixty-five per cent completion when the agreement was signed.

The regional Beyond conference was held in the Dominican Republic, bringing more than two hundred hospitality leaders from across Latin America and the Caribbean to Santo Domingo to preview what the sector planned for the following year.

Hosting it in the country was itself the signal: the Dominican Republic as the room where the region's hotel business meets, rather than a destination it discusses.

President Luis Abinader attended the opening of Super 8 Manzanillo, in the municipality of Pepillo Salcedo, Montecristi.

Fifty-four rooms over four levels, with parking, a pool, a restaurant and a gym, and twenty-four direct jobs.

Covered by 2 outlets on the day; this is the account of record.

Speaking at the Manzanillo opening, Edward pushed back on the obvious reading of it. The hotel was not built for tourists passing through; it was built for the province that had been waiting for one.

Esto es mucho más que un hotel para viajeros de turismo.

YOO arrived in the Dominican Republic with YOO Residencias & Hotel Santo Domingo: 132 hotel residences in the centre of the capital, positioned as a boost to both tourism and the wider economy.

A Banreservas delegation led by its administrator Samuel Pereyra met investors in France interested in Bergantín, Jarabacoa, Puerto Plata, Palenque beach and the eastern zone.

De Valle was among the hotel groups represented in the meetings, alongside Recaindu, Paramount Hotels & Resorts, Piñeiro, Inverotel, Sky Cana, MGM Muthu and Posadas.

City Hub Trademark Collection was announced for the Dominican Republic in partnership with Inmobiliaris and Grupo De Valle.

A tower of eighty-two condo-hotel units over eight floors, with two levels of social space, an entire floor given to co-working, restaurants, a pool, event rooms and 105 parking spaces, an urban format rather than a resort one.

Reported by EIN Presswire.

President Luis Abinader announced the construction of the Super 8 hotels at Manzanillo and El Morro, and the northwest's first hotel programme began on the same day.

The president framed it as employment and regional economy; for the province it was the arrival of an industry. Seventeen newspapers covered the visit, the most-reported day in this archive.

Covered by 17 outlets on the day; this is the account of record.

Written by Edward six weeks into the pandemic: an argument that the Dominican government had performed well with limited resources, and a defence of making decisions before the data is complete.

The piece is as close as the archive gets to a statement of method.

Allow data to inform me, but not influence me.

Profusion Group on the floor of the fortieth FITUR in Madrid, one of fifty-six Dominican companies presenting the country's tourism at the fair.

Six weeks later the industry it was selling to would close.

Built by PERE’s award-winning editorial team and an advisory board of industry experts, PERE America consistently delivers authoritative speakers, thought-provoking discussions and powerful networking opportunities.

Over 300 top institutional investors and experienced fund managers attended last year to discuss the future of private real estate investments in a market that some still believe is on its way to topping out. PERE America is the only event that can leverage PERE editorial content and data to bring you the most relevant and objective insight for 2019.

https://www.peievents.com/en/event/pere-america/

FIT Latin America is the most highly anticipated business meeting for worldwide tourism. From October 5th through 8th , 2019, the main actors of the tourism industry will meet at La Rural premises in Buenos Aires for a new and special edition, which will be attended by over 90 thousand visitors including tourism professionals and qualified individuals. A competitiveness and growth environment promotes the International Tourism Fair as the best opportunity to expand your business goals in the fastest-growing industry worldwide. Seize this opportunity to establish your business in international and regional markets, renewing supply and business trends in a unique context.

The objective is to highlight the investment opportunities available in the tourism sector of the Dominican Republic. During the activity, representatives of the state share their vision on the tourism industry as an engine of national development and, likewise, the great investors of the sector illustrate us with their experiences and the projection of the potentialities existing in the country, presenting local tourism as the more attractive investment opportunity for national and international capitals.

During the event program, the recognition of the Dominican Tourism Champion is given, an award given to the most prominent businessmen in the sector.

https://www.asonahores.com/eventos/foro-asonahores-de-inversion-turistica/sobre-el-evento/

FITUR is the first appointment of the year for the world’s tourism professionals and the leading trade fair for inbound and outbound markets in Latin America. At its 2019 staging, FITUR has surpassed it’s participation record with 10,487 companies from 165 countries and regions, 142,642 trade visitors and 110,848 visitors from the general public.

You have to be at FITUR: a unique forum for promoting brands, presenting new products, learning about the latest trends and filling your agenda with new contacts and opportunities.

To make new contacts and expand your network, to increase business opportunities: to meet new suppliers and customers and strengthen existing business relationships.

For inspiration and information about the specialist sectors offered by FITUR participants.

To stay up to date with new market and sector trends and with the programme of conferences and technical sessions.

To enjoy the city of Madrid and its region: more than 67,000 m² of exhibition space in the world capital of Tourism and headquarters of the United Nations World Tourism Organization (UNWTO).

In the US labor market, I studied different profiles that mark current and future trends in the sector. Although these studies are of exceptional interest for human resources departments and people related to the development of the professional careers of workers, we must not forget that they are also a reflection of the social, economic and labor situation of the whole country, and ultimately, the developed world.

Apart from the Millennial phenomenon, so often named and researched in-depth, other aspects deserve all the attention.

There is a work profile that is extremely interesting: “The Elite Worker” as I call them, and that presents a change of trend in many aspects. And no, it’s not about young people under 30 years old. This time, the revolution is characterized by a higher age range: between 40 and 65 years old, and with a high purchasing power, fruit of their labor competence.

Who are these Elite Workers and what makes them different the “average”joe?

The following dissertation is based on a study of several American banks, in which we are presented with various figures related to a certain profile of workers whose income per family unit exceeds $ 374,000 USD per year on average.

This high figure reveals a set of characteristics that distinguish a type of worker that is certainly worth knowing.

In the study, it is inferred that the characteristics of these workers have several common factors, and it is of maximum interest to take them into account for all types of activities: marketing, consulting, market studies, prospecting, human resources, economic forecasting, economic analysis, etc.

In short: it is a group of workers whose knowledge can be beneficial in various facets.

In this article, I will describe these high-income profiles, their characteristics, thoughts, trends, and style. Integrating them into our project could make a very positive difference in it.

Who are these workers with elevated incomes?

When segmenting the group of workers, a scale of income per family unit can be established if we want to stratify them for their study.

If we set the bar at $ 374,000, we discover this profile:

Their most common characteristics correspond to a stable marriage with children, in positions that require specialized training, who have no problem traveling and working in other countries, and have an appetite for highly developed technology.

The first surprise is, precisely, the latter. Much has been said that Millennials are the “generation of technology,” but this is a biased statement. It is not necessary to be born in the last decade of the twentieth century to understand, use, and love the advances of the digital world.

Perhaps, before entering fully into the study of the profile of high-income workers, we should inquire into the origin of this demographic group.

It is very possible that the deep crisis that we lived 12 years ago has much to do. If we look at the age range (41-63) and subtract 12 years, it would be at (29-51). Corresponds to young or recently settled parents, usually with mortgage debts, in the process of economic and labor consolidation (if we focus on the low band).

This upheaval caused many people to fear to lose their jobs and property, and the ghost of a dark future was for some an engine of efficiency and tenacity.

So, over the years, a constant worker develops, with a much more conservative and long-term oriented investment (no experiments), which values ​​knowledge and professional skills (which adapts them very well to competitiveness).

One of the aspects that high-income workers that we are studying have in the comment is many numbers of weekly hours they dedicate to work in front of other groups.

While the national average is at 38 hours per week, they can easily reach 50 hours. 63% think that the rich source of income comes from dedication and hard work as the only success factors, and not so much from their skills and talents.

Most do not consider retirement as a goal that signals the end of their working life, or at least; they try to delay it as much as possible. 13% say they have no intention of ever retiring.

The professions they perform are usually related to health, financial, science, and technology, engineering. A high level of training and specialization are a vital part of the profile. They are more likely to work in a FORTUNE 500 company than another worker, and they tend to hold managerial or highly technical positions.

They use technology intensively to develop their work, less pragmatically, and socially than Millennials.

Also, statistics show that men and women in the family unit are more likely to work, compared to the average household in the country.

They also have greater ease to travel and even establish themselves if necessary in other countries if the company so requires. They have adapted perfectly to carry work under the arm (laptop, tablet …) and move well in international environments.

As we can see, the profile shows a logical consequence of the economic instability of 12 years ago. The need for job stability and increased income is above other considerations, such as the availability of free time or the realization of personal dreams outside the workplace.

In this aspect, a difference with other demographic groups is observed.

As we have already understood, the elite worker is a person who is committed to their economic goals and puts many hours of his life at the service of them. They have enviable average investment assets, which can reach one million dollars. 69% prefer a safe, conservative investment. It is not surprising that this figure increased dramatically after the crisis of the past decade.

His or her refuge in high-value real estate investments and security marks are the main agenda, followed by traditional resources. Precious metals are only interesting for 27%, or currencies, something that only attracts 18%.

In general, the real estate sector is the most favored by elite workers, along with the shares in their companies and the stock market. The value property as a critical economic factor and this is widely reflected in their financial actions.

Due to their attitude towards investment and work, and the results obtained in this last decade, optimism is part of the economic philosophy of the demographic group. In general, the current financial situation seems right to them, and they consider that it will improve during the next twelve months.

The Elite Worker is a very important demographic for the real estate sector!

It is estimated that 1 in 3 high-income workers will acquire real estate in the next two years. It is a very significant fact, and of course, very much in line with what we have seen so far. The opportunity is on the table!

Regarding consumption, due to the optimism of improvement and stability, they tend to spend with confidence. As targets, they are characterized by looking for safe and future options. They have no problem in acquiring a second or third residence, even with a view to retirement.

They do not intend to sell their current home to go to a smaller one and get a return. They opt for the added acquisition.

This leads to reasonable expectations in the real estate market in the US and many parts of the world, such as the Dominican Republic. Especially in high-end properties. Not in vain, it is also a value that provides a passive income. It is consistent with the idea of ​​long-term security of the profile. Especially with the ages closest to retirement, who see it as an excellent opportunity to increase the flow of future income.

So we can understand that real estate is significant in this group. You just have to see the figures:

When making economic decisions, most (64%) recognize that both members of the couple participate in decision-making, although higher incomes break that trend a bit.

This also gives us an idea of ​​the shared responsibility of the profile when deciding acquisitions and budgets. Let’s take it into account.

When they selected their profession, 50% said that they were guided by their interests, and only 23% did so for economic reasons. That is, they did not really “look” for the most lucrative profession. Although this data may indeed have a bias that must be taken into account: their careers began in most cases before the 21st century.

The probability that they work in a FORTUNE 500company is three times higher than that of another worker. Obviously, his attitude has a consequence. Their work ethic is strong, precisely because of the search for safety, they are reliable workers. His professional development is solid and constant.

In the technological aspect, this profile is an accomplished enthusiast. It has integrated the advances in telephony, computer science, home automation, etc. very well in your daily life and work environment. They adapt perfectly to the new tools, although they live technology in a much more pragmatic and instrumental way than the younger generations, who have adopted them as a natural environment.

This means that elite workers do not yet fully trust economic management and investment applications because they do not consider them to be sufficiently secure and prefer a more real-world approach . But do not think that they do not operate over the internet. Payment of bills, online purchases, etc. they are something habitual and integrated into the home. And precisely because of their purchasing power, they tend to have the latest gadgets and devices

Undoubtedly, we are faced with an exciting group of workers with defined characteristics mostly coinciding with a pattern that has its origin in the environment

circumscribed at the beginning of the millennium, and that now have an acquisition capacity to take into account.

They are especially crucial in the real estate sector since both they’re economic, employment, and social/psychological profile favor the acquisition of housing.

His way of looking at the labor, economic, and social market has a substantial impact on multiple aspects of American society, marking a trend for the immediate future. Recall that 33% contemplate the possibility of acquiring a property in the next two years and that they are also prone to enhance their assets.

On the downside, the lack of time for your dedication to work has inevitable consequences. For example, although they are accustomed to managing their work environment, they do not have as much experience in managing their investments and assets, being little given to hiring the services of specialist advisers. This means that the yield they can obtain from their real estate acquisitions is not as efficient as it should be, something that aggravates their self-confidence and optimism, and the little use they make of financial management applications and technology.

A detail that goes in this line is the fact that, when choosing your home, put forward aspects related to comfort versus the value of the investment. It is more important than the house that suits your lifestyle.

It is inferred, therefore, that if the value of real estate resources is properly communicated as a source of wealth, an important component of their liquidity and credit, they can make much more strategic financial decisions, which is a long-term benefit term of your portfolio.

Source: https://mymoneywizard.com/high-net-worth-individual-definition-statistics/

What is a Very High Net Worth Individual?

A Very High Net Worth Individual is defined as someone with over $5 million in liquid assets. And if that’s not enough? Well then we can go richer. Pinky’s out!

What is an Ultra High Net Worth Individual (UHNWI)?

When “very” just isn’t good enough, you gotta go “ultra.” In the banking world, that means having over $30 million in net worth*.

If you are interested in real estate as much as I am and are looking to make a smart investment that will return cash from day one of an operation email me and learn how to invest in the Dominican Republic Real Estate and hotel business e.devalle@profusiongrp.com (let’s more productive together)

Profusion Group announced one hundred million dollars over five years: eight hotels of 120 rooms each, 960 rooms in total.

Two stages, with the first four in Punta Cana, La Romana and near Las Américas airport, expected between 2020 and 2022. This is the number that started the Dominican hotel programme.

The country is stable and growing economically, and this tells us that the Dominican public and the middle class are also growing.

"The Dominican Republic has it all,” is a slogan used by the Dominican State to sell the kindness and benefits of the Dominican brand, and as a foreigner, I affirm that these words carry more meaning than imagined. To describe this beautiful island, you must start with the people. Positively cheerful, joy is present in all the expression of their being. There are many natural resources, many of these full of a paradisiacal beauty, and very useful to boost national and international tourism. The Dominican State has been able to promote foreign investment, offering attractive incentives like tax exemption for the tourism sector for fifteen years. This has contributed to the unstoppable, sustainable development placing the Dominican Republic as the first growing economy in the region. Thanks to various global events and natural factors, the Dominican Republic is now seen as the next center of Caribbean conventions, and already the hotel capacity expands to such a level that it wouldn’t be unreasonable to think that demand exceeds supply.

The road systems are continually growing along with the development of the nation's general construction. Ports and airports are ready to assist travelers, and who would have thought less than a decade ago that the Punta Cana international airport now has the capacity to receive more than three million tourists, and the trend keeps increasing. This beautiful island has eight international airports, and the ports are experiencing an increase regarding their capacity of people and goods from other parts of the planet.

The mixture of cultures in the Dominican Republic means that its gastronomy is experiencing challenging changes, as it is well known that consumers have a demanding palate, and transculturation creates an irresistible mix of flavors for diners.

Dominicans, although predominately Catholic and evangelist, do not have religious barriers, generating a society with freedom of thought and worship. Making an investment and negotiating in a happy country with people who have freedom of thought removes communication borders and restrictions.

Legal security is established in the constitution of the DR, and equal treatment is demonstrated by the fact that citizens and foreigners have the same rights and responsibilities.

Campamento Esperanza y Alegría, the summer camp that Clínica de Familia La Romana has run for fourteen years for vulnerable children and adolescents in the east of the country.

Volunteers, called tíos, run a week of painting, sport and music. It is the fixed point in the foundation's calendar, and the reason the philanthropy has a season rather than a campaign.

ART. Gallery and the De Valle Foundation held an evening of art, food and music with the artist Daniel Sanseviero, whose work draws on two-dimensional geometry.

Admission was a toy. The evening's proceeds and the toys went to the children of Casa Rosada, the first of the benefits the gallery would host.

Covered by 4 outlets on the day; this is the account of record.

yoo Santo Domingo: the design brand's residential tower proposed for the capital, and the first time that kind of branded residence had been put to the Dominican market.