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View Full Version : Investors meet with Fernandez



NewsWhore
02-28-2007, 05:50 PM
President Fernandez has met with two key investors in the tourism sector, the head of AMResorts (Secrets, Dreams and Sunscape brands) and the CEO of Apple Vacations. Alejandro Zozaya of AMResorts told the President that his group was planning the construction of three five-star hotels this year and next to meet what he has described as the booming demand for accommodation in the luxury all-inclusive market segment. The new properties will have 1,308 suites and generate 2,200 new jobs during the construction phase. Press reports do not mention the location of the hotels. According to the hotelier, AMResorts is the fastest growing chain of hotels in the Dominican Republic with an investment of over US$500 million. John Mullen, the head of Apple Vacations told the President about the promotional campaign his company was running to attract more tourists to the DR. Currently, Apple brings over a quarter of a million tourists on 1,300 charter flights to the Dominican Republic every year.

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