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It’s official: Room prices fall in Dominican Republic

It's official: Room prices fall in Dominican Republic

Photo: Andrii Dragan/123RF

Room prices in Dominican Republic’s main tourism region have fallen near 15%.

“In a recurring analysis we make about the prices per room for the next 12 months, in a sample of some 13,000 rooms in the Punta Cana area we have noticed a drop in the average price per room of almost 15% between May and August of this year” says expert and economist Nassim José Alemany to Dominican press.

Alemany said that the reduction in the average rate has been mainly in the all-inclusive hotels, since for “European” and “residential” type accommodation rates haven’t changed, though noting that the offer of this type of lodging is minimal compared to the all-inclusive.

He adds that in July almost 100,000 fewer tourists arrived in Punta Cana by plane than last year, for a drop of 24%. “So far this year, the cumulative fall is 4% for Punta Cana, which moves more than two thirds of all tourists who visit us every year.”

Source: Dominican Today.

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