The Dominican Republic is one of the most important tourism destinations in the Caribbean. Its leading position is the outcome of decades of intensive tourism development focused especially on all-inclusive seaside resorts, an expanding airport infrastructure, its geographic proximity to the large U.S. market that sends it the largest share of its international arrivals, and tax incentive policies, along with its tropical climate, hundreds of miles of fine beaches, and colonial heritage.

Occupying two-thirds of the island Hispaniola, discovered by Christopher Columbus in 1492, the Dominican Republic is one of the largest Caribbean states, but also the most important economy in the Caribbean and Central America. The country has, as the World Bank indicates, one of the fastest GDP growth rates with an average of 5.5% ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles