WARNING: Believe it or not, you’re about to fall in love. The Dominican Republic stands out among the most exciting countries in this area of the Caribbean Sea. Virtually borderless, very close to the eastern coast of North America and just a few hours flight from the countries of Western Europe and what a more…
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Inks deal to introduce brand to Dominican Republic with eight new hotels; Opens nine new hotels in U.S. in second quarter to date leveraging innovative Del Sol prototype NEW YORK, N.Y. (June 3, 2019) – La Quinta by Wyndham – celebrating one year as part of Wyndham Hotels & Resorts, the world’s largest hotel…
DetailsLa empresa Profusion Group invertirá US$100 millones en cinco años para construir ocho nuevos hoteles en varias provincias del país. Cada hotel tendrá 120 habitaciones, para un total de 960 habitaciones. Así lo informó Edward de Valle, director de Profusion Group, al explicar que el proyecto se realizara en dos etapas, en la primera construirán…
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Santo Domingo.- Foreign minister Miguel Vargas on Monday said president Danilo Medina will carry out an intense agenda in China along with the official delegation. The official said the president, in the first visit after forging diplomatic ties with the Asian nation, will announce the results of the meeting that he labeled as historic. “The…
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Santo Domingo.- Dominicans who traveled abroad from 2012 to 2017 spent between 808.6 and 920.7 dollars during their stay averaging 11.7 nights, according to the Central Bank report “Importance and Evolution of Tourism in the Dominican Republic.” In 2012 463,252 Dominican residents who traveled abroad spent US$374.6 million; the 436,154 in 2013 spent US$361.0 million,…
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Santo Domingo.- President Danilo Medina travels to China in a historic official visit that formalizes diplomatic relations with that Asian country, established May 1. Medina, invited by his counterpart Xi Jinping, aims to promote national exports to that country and reach cooperation and financing agreements in several areas, for which he will hold meetings with…
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Santo Domingo.- National Hotels and Tourism Association (Asonahores) president Joel Santos, on Tues. said the situation of the seaweed and insecurity affecting Cancun’s hotel occupancy won’t impact the Dominican Republic because the rooms for the winter were booked well in advance. The business leader estimates that tourism will grow over 5% by year end and…
DetailsSanto Domingo.- The US dollar remains stable against the Dominican peso in the prices of Dominican Republic’s currency market, according to recent reports by the Central Bank. On Monday however the American currency reached RD$49.94 pesos to sell, and RD$50.02 pesos to buy. The $50.02 peso-per-dollar mark is the sharpest devaluation of the Dominican currency…
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Santo Domingo.- Energy and Mines minister Antonio Isa Conde on Sun. called the Dominican Republic “a beggar sitting on a large gold mine.” He said the country isn’t aware that the abundant resources under its feet can break its chain of poverty and raise its quality of life. He defended the sustainable extraction of metals,…
DetailsNEWS RELEASE WASHINGTON, October 31, 2018 – Economies in Latin America and the Caribbean carried out 25 reforms during the past year to improve the ease of doing business for domestic small and medium enterprises, says the World Bank Group’s Doing Business 2019: Training for Reform report, released today. The reforms were carried out in…
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