Miami.- Tourism Minister David Collado inaugurated the third Dominican Republic Trade Show in Miami, Florida, bringing together 90 industry companies and over 500 representatives from North America, Canada, and Latin America. The two-day event serves as a key platform to strengthen business relationships with the country’s main tourist markets, which account for 87.5% of visitors to the Dominican Republic.
Collado emphasized that new agreements from the trade show are expected to attract over 500,000 additional tourists, driving hotel investments of approximately US$1.300 million, including US$274 million in new developments. The agreements could result in 4,425 new hotel rooms, 3,375 additional flights, over 33,000 jobs, and an estimated US$910 million boost to the national GDP. Foreign exchange earnings are also projected to rise by US$332 million, increasing local food consumption by 7% and the tourism sector’s GDP by 4%.