Dom Rep Sets All-Time Tourism Record

• The Dominican Republic has just set another tourism record, as tourism in the popular Caribbean destination is growing at a dazzling pace in 2022.
• The month of July saw the most visitors to the Dom Rep in a single month in the country’s history, exceeding even that of December 2021.
• Minister of Tourism noted that if the pace continues, 2022 will be “the best year of tourism in history.” So far, the Dominican Republic has welcomed a total of 4.182Mn visitors in 2022.
• Importantly, the United States continues to dominate visitor arrivals to the country, followed by Canada, Colombia, Puerto Rico, Spain, Cuba and the United Kingdom.
• The tourism boom currently being experienced is expected to funnel revenues to the government, reduce unemployment and create more investment opportunities for the nation. However, a shock to the US labour market, or a slower recovery in overseas travel due to outbreaks of COVID-19 or Monkeypox, would limit tourist arrivals, consequently weighing on economic growth.

(Source: Our Today)