{"id":10046,"date":"2023-12-27T14:35:50","date_gmt":"2023-12-27T14:35:50","guid":{"rendered":"https:\/\/dmklawyers.com\/?p=10046"},"modified":"2023-12-27T14:50:26","modified_gmt":"2023-12-27T14:50:26","slug":"investment-in-tourism-in-2022-was-us22208-million","status":"publish","type":"post","link":"https:\/\/dmklawyers.com\/en\/investment-in-tourism-in-2022-was-us22208-million\/","title":{"rendered":"Investment in tourism in 2022 was US$22,208 million"},"content":{"rendered":"\n
US$14.903 billion was invested in hotels, 69% percent corresponded to international investment and 31% to local investment, according to a report.<\/strong><\/p>\n\n\n\n The tourism industry generated a total of US$22,208.18 million in investment to the country last year foreign investment accounting for the largest contribution.<\/p>\n\n\n\n According to data from the \u201cImpact of Tourism in the Dominican Republic<\/strong>\u201d<\/strong> report, <\/strong>released <\/strong>by the Association of Hotels and Tourism of the Dominican Republic (Asonahores),<\/strong> foreign investment accounted for 46% of total investment, while local investment reached 33% and real estate investment stood at 21%.<\/p>\n\n\n\n The report highlights that, in 2022,\u00a0US$14,903 million<\/strong>\u00a0was invested in hotels, of which 69% was foreign investment and 31% was local investment.<\/p>\n\n\n\n Meanwhile, real estate investment generated 7,406 million dollars last year.<\/p>\n\n\n\n The Superintendent of Banks, Alejandro Fern\u00e1ndez<\/strong>, when speaking pointed out that the credit portfolio of the Dominican financial system for the tourism sector increased by 39 %, going from RD$67,233 million in 2020 to RD$93,630 million this year.<\/p>\n\n\n\n More figures<\/strong><\/strong><\/p>\n\n\n\n The report also cites the increase in the daily expenditure of foreigners, which has reached US$139 per day, an increase of 18% in the period 2012-2022.<\/p>\n\n\n\n As far as the payment of taxes is concerned, he points out that last year 1,002 million dollars were generated.<\/p>\n","protected":false},"excerpt":{"rendered":" US$14.903 billion was invested in hotels, 69% percent corresponded to international investment and 31% to local investment, according to a report. The tourism industry generated a total of US$22,208.18 million in investment to the country last year foreign investment accounting…<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[149],"tags":[],"class_list":["post-10046","post","type-post","status-publish","format-standard","hentry","category-investment-in-dr"],"acf":[],"yoast_head":"\n