Bahoruco Beach Hotel, Barahona.
SANTO DOMINGO. – The "armored" tourism industry is one of the few sectors that hasn’t been affected by this year’s crisis in the United States, with the arrival 3,126,559 non-resident passengers in the first 9 months, or a 2.2 percent jump compared to the same year ago period.
Tourism minister Francisco Garcia said the increase stems from the 3.6% rise in the arrival of non-resident aliens compared to last year’s 0.5%, an increase of 3.1 percentage points, or a total 95,618 additional visitors.
Hacienda minister Vicente Bengoa said Dominican tourism won’t suffer from the U.S. financial crisis this year, but the situation could change starting February during the high season.
Garcia said increased ads to attract Russian and European tourists to Dominican Republic is one reason tourism hasn’t been affected.
Written by: drtampa, 20 Oct 2008 12:26 PM
From: United States
Good luck Francisco on your prediction.
We know people who are cancelling right and left for Christmas in Mexico and the Caribbean. The US economy is in the tank for quite awhile.
From: Cuba, it is a secret the censors are looking for me
and this year will not be affected ......as tourism in the caribbean contracts the DR in its diversity of price points will pick up contractions from more expensive markets where a winter vacation is still very expensive.....the people who expect to get warm for a couple of weeks will not do without this vacation the DR is ready in all categories with a better value and a better attitude than those Caricom sand bars
Written by: josean, 20 Oct 2008 12:50 PM
From: United States
Written by: anthonyC, 20 Oct 2008 2:02 PM
From: United States
"The "armored" tourism industry "
No such thing.
Written by: BASTA, 20 Oct 2008 3:17 PM
From: Dominican Republic, =Ghetto/Legalize Drugs
Bull Shit
From: Dominican Republic, Boycott Dominican Tourism
the reason why they lie in this article is because the investors read in Engles
Written by: arkatype 
, 20 Oct 2008 10:35 PM
From: Dominican Republic
The Dominican economy in general is not going to be affected by U.S. economic performance why! Our economy is not tied to the U.S. stock market. Country's like Mexico, Colombia, Argentina, Brazil will be affected by U.S. performance, although the mentioned country's have their own stock exchanges, most if not everything is commodified through the U.S. stock market. The Dominican Republic has it's own stock market, although small. With internal investors focusing on growth domestically with returns to it's investors. Chillaxin201 we are not living in the 60's era.
http://www.bolsard.com/app/do/frontpage.aspx Written by: abc200, 20 Oct 2008 10:44 PM
From: United Kingdom, Dominican Republic
Plenty of people here - people take more holidays when business at home is not so busy. More direct flights from Europe. Thailand is looking less stable. French people have five weeks holiday gauranteed by state. Other Europe countires slightly less. With the 35 hour week - still popular any overtime can be rolled into increasing holidays - in some jobs up to 18 weeks per year. Plus increased self-employement/contract work throughout Europe extends holiday periods. Huge state contracts counter any effect of private sector recession. Huge Chinese contracts are now under way.
http://abcnews.go.com/Business/wireStory?id=3913249Young people have CPE contracts.
http://libcom.org/library/cpe-and-labour-contracts-in-franceMassive rail contracts are being placed:
http://rawstory.com/news/afp/Fran....ls_super_fast_train_02052008.htmlSome delay in major purchases; e.g. cars means there is disposible income for holidays.
S.
Written by: abc200, 20 Oct 2008 10:45 PM
From: United Kingdom, Dominican Republic
Why these dismal posters?
S.
Written by: anthonyC, 20 Oct 2008 10:47 PM
From: United States
It is amazing how so many people have no grasp of economics.
The DR economy is slowing down. New home construction has grinded to a halt and residential sales are stagnant.
Banks are asking for 50% down before even thinking about financing a new home.
Tourism is tanking as well.
Written by: abc200, 20 Oct 2008 11:00 PM
From: United Kingdom, Dominican Republic
Written by: arkatype , 20 Oct 2008 11:09 PM
From: Dominican Republic
Wether the economy has slowed down or is doing well is one thing. But in general the Dominican Republic's economy will not be affected by the U.S. melt down. Dominican commodities are not controlled by the U.S. stock markets. Look at what's happening in Argentina, the argentinian's are exchanging there Euros for U.S. dollars it's related to the banking sectors of Europe. Which in the U.S. they are rescuing the banks with more printed dollars, and Europe is doing the same with equity and some capital investments. The problem is the Euro has minimal circulation in the western hemisphere the dollar is stronger here regionally.
Written by: Jander, 20 Oct 2008 11:37 PM
From: Dominican Republic
No one I know are cancelling anything.. and all the doom and gloomers need to go somewhere and else and cry in your beer. Viva la Republica !!!!
From: Cuba, it is a secret the censors are looking for me
jander you are so right....when it gets cold they will come
From: Cuba, it is a secret the censors are looking for me
even if they have to swim.....trust me
Written by: Jander, 20 Oct 2008 11:51 PM
From: Dominican Republic
A few months ago everyone was panicking over 200 a barrel oil. The consumers took control and the demand went down. These are just checks and balances and the wise will survive.
Never invest or gamble more then you can afford.
Written by: abc200, 21 Oct 2008 4:34 AM
From: United Kingdom, Dominican Republic
From: Cuba, it is a secret the censors are looking for me
" Russian economy well insulated "says wanker from hell spewing and vomiting his usual rubbish...socialist imbecile would have us believe sewage he reads in Pravda....he is even more of a stooge apparachik than babbling belial
From: Dominican Republic, vieja Santo Domingo
maybe some of the people writing here should come and look at casa de campo,bayahibe, cap cana and bavaro and see for them selves that , in mid october , all these places are very empty . maybe talk to the taxi drivers around the airports at la Romana and at Punta Cana and then they will find out first hand that there are very few people here..Of course, the world wide economic uncertainties will affect the DR but no one knows how much ...in january we will have a better idea
From: Cuba, it is a secret the censors are looking for me
ricardolito are you nuts the people that have that kind of money ...why in the hell would any body be anywhere in the Caribbean in October season does not start until after American Thanksgiving ...Not St Marten not Antigua not Jamaica not Barbados not Puerto Rico Not ANYWHERE and there never has been ....People come to the Caribbean to get WARM you idiot....try to make a reservation in January February or March it is the same all over the Caribbean and always has been ....the Cruise ships are still in Alaska and Europe....why would this year be any different...stop looking for a problem that does not exist .....YET
From: Dominican Republic, vieja Santo Domingo
It is usually true that when a writer resorts to abusive language he has a very poor case , a poor education and definitely bad manners
Written by: BASTA, 21 Oct 2008 11:37 AM
From: Dominican Republic, =Ghetto/Legalize Drugs
Great still Bull Shit
From: Cuba, it is a secret the censors are looking for me
ricky right about the manners and education but tourism in the Caribbean has been my life for 35 years recessions airline bankruptcies {EASTERN} invasions Grenada etc...my apologies
Written by: , 21 Oct 2008 12:49 PM
From:
This is one canadian thats not stopping ...the dr is the best place in the world to vacation. Get off the resorts when your there lots to see and do .....dont listen to all the crap out there about its not safe to leave the resort its as safe as downtown calgary.....take clothing for the kids of the dominican and cash...help some people out that are not as fortunate as you may be ....buy some pizzas and get a cab go feed some kids you find out and about.....thats what we will be doing this thursday.....take a couple 100 dollars give it away to someone that needs it.......if you just stay at the resort you only are helping the resort ....help the people it will make you feel good
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We know people who are cancelling right and left for Christmas in Mexico and the Caribbean. The US economy is in the tank for quite awhile.
"Operadores afirman que baja el flujo de turistas"
http://www.listin.com.do/app/article.aspx?id=77960
No such thing.
http://abcnews.go.com/Business/wireStory?id=3913249
Young people have CPE contracts.
http://libcom.org/library/cpe-and-labour-contracts-in-france
Massive rail contracts are being placed:
http://rawstory.com/news/afp/Fran....ls_super_fast_train_02052008.html
Some delay in major purchases; e.g. cars means there is disposible income for holidays.
S.
S.
The DR economy is slowing down. New home construction has grinded to a halt and residential sales are stagnant.
Banks are asking for 50% down before even thinking about financing a new home.
Tourism is tanking as well.
http://www.propertywire.com/news/....visitor-numbers-200806211183.html
http://www.travelpulse.com/Resources/Editorial.aspx?n=45258
So tourisim has tanked the last 8 weeks or so - A his usual insane self - where is the evidence?
He can have have an opinion about the future for sure - perhaps one hotel owner he knows is disappointed about a couple of months bookings - but facts please.
S.
Never invest or gamble more then you can afford.
http://english.pravda.ru/world/americas/106535-0/
Both Russia and DR are benefitting from increased European investment.
US way of life in problems.
http://english.pravda.ru/opinion/....10-10-2008/106548-american_life-0
S.