The tourism sector generates US$9 billion for the Dominican Republic through natural capital The tourism sector contributes $9 trillion annually to the Dominican economy through natural capital, which is the combination of a country’s natural resources and...
Baracocoa S.A.: A new joint venture in Cuba with Slovak capital By Daily Pérez Guillén Baracocoa S.A. is the new joint venture created in Cuba by the merger of Proxperia a.s of Slovakia and the national company Alimcor S.A. This joint venture will process,...
Time to rethink Caribbean tourism By Lilia Burunciuc, World Bank Director for the Caribbean For decades, Caribbean tourism has been synonymous with sun, sea, and sand. These natural assets remain a source of beauty, pride, and economic promise. During my...
Sosúa business leaders support government plan to revitalize tourism The main business organizations in Sosúa have publicly endorsed the Dominican government’s recent urban planning initiatives aimed at revitalizing the town as a model of sustainable and...
New unified regional leadership emerges for UN Tourism The upcoming election for the new Secretary-General of UN Tourism at the end of May 2025 carries significant potential implications for the global travel industry, especially concerning Latin America...
Russia will finance investment projects in Cuba Russia will provide funding for investment projects in Cuba, amounting to one billion dollars, as announced by Dmitry Chernyshenko, deputy prime minister of the Russian cabinet, during a conversation with the...
Caribbean Tourism Leaders Push Back on Proposed US Port Fees Highlighting tourism's significant shared economic benefits to both the Caribbean and the United States—especially Florida—the Caribbean Hotel and Tourism Association (CHTA), the region’s...
Dominican Republic and Puerto Rico sign agreement to boost multi-destination tourism The Dominican Republic and Puerto Rico have formalized a strategic alliance to promote multi-destination tourism, enhance air connectivity, and drive economic growth in...
Cuba: Enormous potential to join the carbon market By Daily Pérez Guillén Cuba will join the carbon markets. The move was approved by the government of the Caribbean country on February 15, through its Council of Ministers. The news was confirmed by the...
Dominican Republic to expand cruise tourism with new port Aerial view of the "Los Patos" beach, Barahona, in Dominican Republic on May 16, 2024. The Dominican Republic, one of the Caribbean's top tourist destinations which holds elections next May 19, is...