Real estate tourism is an option to invest in real estate. Vacation real estate located in Punta Cana (La Altagracia), as well as in downtown sectors such as Bella Vista, Evaristo Morales and others, have become hotbeds for foreign investment and absent Dominicans after the coronavirus pandemic. covid-19.
During 2022, 18 tourism projects were carried out with an investment of US$331.5 million, according to data from the Tourism Development Council (Confotur). These projects are located in La Altagracia (12 works), La Romana (3), Santo Domingo (2) and Samaná (1), of which three were for hotels with 277 rooms; 11 to real estate, with 2,237 rooms, and three to unidentified projects, which totaled 6,361 rooms.
The Ministry of Tourism (Mitur) registered 4,182,207 passengers who arrived in the Dominican territory during January-July 2022. While, in July 2022, there were 735,064 tourists who arrived in the Dominican Republic by air, in addition to 98,389 cruise passengers, visitors who contributed US $931 million in foreign currency to the local economy. Of that amount, US$134 million were from non-resident Dominicans and US$797 million from foreigners.
The Ministry of Tourism (Mitur) records 4,182,207 passengers who arrived in the Dominican territory during January-July 2022. While, in July 2022, there were 735,064 tourists who arrived in the Dominican Republic by air, in addition to 98,389 cruise passengers, visitors who contributed US $931 million in foreign currency to the local economy. Of that amount, US$134 million were from non-resident Dominicans and US$797 million from foreigners.
The Dominican Central Bank records 3,901,896 tourists between January-June 2022, breaking down the data according to the type of passenger accommodation. During this period, hotels housed 56.1% of tourists (2,190,504) and 44% in short-rent accommodations (1,711,392), of the total number of visitors.
With the rise of short rentals such as Airbnb, the vice president of the National Association of Hotels and Tourism (Asonahores), Andrés Marranzini, understands that the rental platform for short stays is unfair competition, due to non-compliance with health and safety regulations. security required of hotel chains.
“The public is different and tourists must have offers, so both models must coexist, being regulated and without price distortions due to the lack of demands,” he says.
In this regard, the Minister of Tourism, David Collado, estimates 53,000 rooms on the digital platform, while the hotel sector registers 83,000 rooms.
The official said that this platform offers people a type of accommodation for tourism in the country, a positive action that attracts new visitors, but that must be regulated to promote fair competition.
