Economy March 8, 2022 | 7:32 am

Buy car in DR

Russia-Ukraine clash stuns Dominican Republic

Santo Domingo.- The Russia-Ukraine conflict has a direct and immediate impact on the trade and tourism sectors in the Dominican Republic.

In the case of tourism, if the situation continues, the Caribbean country would stop receiving 22,467 tourists each month from Russia and Ukraine.

According to an analysis by the Export and Investment Center of the Dominican Republic (ProDominicana), shared at the request of Diario Libre, the country would lose US$33.7 million per month for tourism from those countries and, if the conflict extends for six months, it would be US$202.2 million.

Likewise, it estimates that the Dominican Republic would stop receiving US$1.12 million per day and in one week it would stop receiving US$8.02 million.

ProDominicana explains that, taking the results of 2021 as a pattern, it is observed that visits from Russia were 183,700 tourists and from Ukraine 85,912 visitors. In general, the visitors from the two nations were 269,612 tourists.

“We have considered an average expenditure of US$150 per tourist per night and an average stay of 10 nights for each tourist. With these values, it is estimated that the income generated by tourism from those countries for the year 2021 was US$404.4 million. 68.1% would be from Russia with US$275.5 million while 31.9% would be from Ukraine with US$128.85 million.”

5 2 votes
Article Rating
Notify of

Newest Most Voted
Inline Feedbacks
View all comments
Mr. Sensible
March 8, 2022 7:54 am

It is going to be a hard hit for Punta cana. Russians and Ukrainians spend far more money off the resorts than any other group. Americans tend to stay on the resort, based on unsubstanciated fears of life beyond the wall.

March 8, 2022 2:28 pm

you underestimated your calculation. Russians like to travel. Most of them buy at least 2 excursions so spend min 200$. And they buy a lot gifts.
Despite this they shouldn’t be allowed to travel to DR until the war in Ukraine is finished

March 8, 2022 9:40 pm
Reply to  ala

yeah but the rubble was hit pretty hard, i think russians are 40% poorer now, let’s see how that turns out.

March 13, 2022 10:40 pm
Reply to  ala

Russians shouldn’t be welcome anywhere until
there is accountability any reparations are paid.

Felix Arroyo
March 17, 2022 10:46 pm
Reply to  PCGuyRich

Idiocy! The citizenry was not asked about going to war. Punishing the citizenry is stupid just like NATO is doing and the citizens of Russia will remember who exaggerated acted against them. The same applies to the citizens of Ukraine: They are victims and they need all the help we can give them!

April 6, 2022 8:32 am
Reply to  Felix Arroyo

70%of russians stand behind putin….and u telling me they did deserve it?