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The Dominican Republic Surpasses International Tourism Growth Rates

During 2015, the growth of tourism in the Dominican Republic surpassed the registered global and regional tourism growth.  According to the World Tourism Organization (WTO), tourism worldwide increased by 4.4% during 2015.  However, that number in the D.R. registered at 8.9%, 4.9% in the Americas and 7.4% in the Caribbean.  Between 2010-2015 the average growth rate of world tourism registered at 4.8%, while in the Americas that number came in at 5.1% and 3.7% in the Caribbean.  During this same time period, tourism in the Dominican Republic registered at 5.8%.

The Dominican Ministry of Tourism also provided important information on the country’s tourism industry.  The Ministry revealed that 5.5 million tourists visited the country, and that the industry generated approximately US$6.1 billion, representing a 9.2% general increase. The total number of hotel rooms in the D.R. during 2015 closed with 70,030 rooms.

The countries that generated the highest number of tourists to the D.R. were the United States (2 million tourists); Canada (754,000); Germany (247,000); France (227,000); Spain (172,000); Venezuela (167,000); England (142,000); Brazil (140,000), Argentina (133,000) and Puerto Rico (115,000).

The Tourism Industry throughout the World

Revenues from international tourism grew by 3.6% in 2015, in line with the 4.4% increase registered in international arrivals, reported the World Tourism Organization.

The revenues generated by international visitors through reservations, food, entertainment, shopping and other goods and services amounted to approximately US$1.2 billion in 2015, representing a 3.6% jump.  The arrival of international tourist (overnight visitors) increased by 4.4% in 2015, reaching a total of US$1.1 billion.

For a fourth consecutive year, the international tourism industry grew at a faster rate than international world trade, also surpassing the percentage of total world exports by 7% during 2015.  The total value of exports generated by international tourism amounted to US$1.4 billion.

International tourism accounts for 7% of total world exports, and 30% of export services. The proportion of tourism on the total exports of goods and services increased from 6 to 7% in 2015.  This was the fourth consecutive year that international tourism growth exceeded the global trade in goods, which increased by 2.8% in 2015, according to data presented by the World Trade Organization.

As a worldwide export category, tourism ranks third, behind fuel and chemicals, and ahead of the food and automotive industries. In many developing countries, tourism is the first export sector.

Source: Access DR

June 1, 2016

Category: DR News |

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Last updated October 24, 2016 at 6:05 PM
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