Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, August 05 2019 - 11:00
AsiaNet
Brands Are Racing to Debut Their Hotels in Dominica Amidst Its Tourism Renaissance
LONDON, August 5, 2019, /PRNewswire-AsiaNet/--

Three new hotels will be joining Dominica's expanding tourism scene, Prime 
Minister Roosevelt Skerrit revealed. During his annual budget address this 
week, he announced that, in the upcoming weeks, the Government will sign an 
agreement with three additional tourism developments. The news comes amidst an 
ecotourism renaissance on the small Caribbean island with another three 
world-class hotels anticipated to debut in Dominica soon. 

Following Hurricane Maria in 2017, the Government of Dominica committed itself 
to rebuilding the country with a sustainable approach. This includes building 
5,000 climate-resilient homes, implementing a comprehensive plastic ban and, 
importantly, developing its ecotourism offering which has contributed to a 
surge in tourism arrivals. 

Statistics show that Dominica welcomed 23,444 stayover visits during the first 
quarter of 2019, boasting an 87.5% increase compared to the same period last 
year. It even exceeded pre-Maria levels by 11.2%. The Discover Dominica 
Authority reiterated how recovery efforts are reflected in the number of 
stayover visitors: "a clear path of recovery within the tourist industry is 
evident in visitor arrivals performance for the first quarter of 2019 as we 
continue to maintain the momentum from the fourth quarter of 2018."

Dominica has attracted major investment into its hotel sector with renowned 
brands racing to debut their resorts on the 'Nature Isle of the Caribbean'. 
There are currently three top-branded developments in construction: Marriott's 
Anichi, Kempinski's Cabrits and Hilton's Tranquility Beach. Dominica has also 
renovated its existing hotel portfolio with both Secret Bay and Jungle Bay 
opening their doors after undergoing mass refurbishment and expansion. Another 
environmentally conscious resort was approved under Dominica's Citizenship by 
Investment (CBI) Programme this year, called Sanctuary Rainforest Eco Resort 
and Spa. 

Foreign investors are drawn to Dominica partly thanks to its CBI Programme, 
which enables them to acquire second citizenship 
[https://csglobalpartners.com/citizenship-dominica/ ] through an economic 
contribution. Subject to fulfilling all other requirements, this is possible 
either via a minimum contribution of US$100,000 to the Economic Diversification 
Fund (EDF) or an investment worth at least US$200,000 into any of the 
aforementioned real estate options 
[https://cbiu.gov.dm/investment-options/approved-real-estate-projects/ ].

However, shares are reportedly selling out fast. For example, Cabrits Resort 
Kempinski, despite not opening until October, is already sold out. CBI has 
played a vital role in Dominica's exceptional recovery, helping it build 
climate resilience and an enviable ecotourism sector.

pr@csglobalpartners.com, www.csglobalpartners.com  

SOURCE: CS Global Partners
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