Find more Cabarete Real Estate on our site!
Monday, May 10, 2010
View from Ocean Point Condos in Cabarete
Find more Cabarete Real Estate on our site!
Huge Economic Growth in the Dominican Republic
Central Bank governor Hector Valdez Albizu revealed yesterday that the economy had grown by 7.5% in the first quarter, in contrast to the 1% growth in the same period of 2009. He said that this reflected a consolidation of the recovery process that began in the last quarter of 2009. The increase places the country among the economies that have reacted the fastest in the world to the financial turbulences and crisis in the United States. Likewise, he reported that the US$750 million from the sovereign bonds entered the country yesterday, which increases the bank’s international reserves. The resources will be used for infrastructure projects. He said that the economic growth that is taking place in the DR despite the lingering after-effects of the international economic crisis was pushed by the construction sector, which grew by 19.4%, in contrast with the same quarter a year ago when it fell by 21.9%. Also, commercial activity, which last year had fallen by 7%, saw a 15.7% increase; farming activities increased by 9.6%, similar to the previous year.
Energy and water grew by 9.5%, manufacturing by 9.3%, and in the same quarter of 2009had fallen by 3.3%. Other sectors that pushed the economy were financial transactions and insurance, with a 7.3% growth rate, communications, with 6%, transportation at 5% and health with 4.4% increases. The Consumer Price Index increased by 0.36% and the accumulated inflation, January-April, reached 2.69%, and the underlying aggregate reached 0.92%. Valdez Albizu said that national exports reached US$571 million with an increase of 55% and an absolute variation of US$202.5 million. He talked about how the free zones fell off by 11.5% but less than the previous year. Meanwhile, total imports increased by US$642.3 million, an increase of 23.5% compared to 2009, while national consumption increased by US$652 million (29.9%), consistent with a greater internal demand of the economy as well as by an increase in petroleum bills.
See http://www.bancentral.gov.do/
See our listings at Dominican Republic Real Estate
Energy and water grew by 9.5%, manufacturing by 9.3%, and in the same quarter of 2009had fallen by 3.3%. Other sectors that pushed the economy were financial transactions and insurance, with a 7.3% growth rate, communications, with 6%, transportation at 5% and health with 4.4% increases. The Consumer Price Index increased by 0.36% and the accumulated inflation, January-April, reached 2.69%, and the underlying aggregate reached 0.92%. Valdez Albizu said that national exports reached US$571 million with an increase of 55% and an absolute variation of US$202.5 million. He talked about how the free zones fell off by 11.5% but less than the previous year. Meanwhile, total imports increased by US$642.3 million, an increase of 23.5% compared to 2009, while national consumption increased by US$652 million (29.9%), consistent with a greater internal demand of the economy as well as by an increase in petroleum bills.
See http://www.bancentral.gov.do/
See our listings at Dominican Republic Real Estate
Thursday, April 15, 2010
Carnivale in La Vega - Dominican Republic
Dominican Republic Real Estate Listings
Sent via BlackBerry® device.
Sosua Ocean Village
Dominican Republic Real Estate
Dominican Republic Real Estate
Sent via BlackBerry® device.
Wednesday, April 14, 2010
Wednesday, January 27, 2010
New Luxury Spa Resort on the North Coast of the Dominican Republic
Breaking news from Business Wire tells of a new upscale spa resort opening on the North Coast of the Dominican Republic. Lead by Gary Sims, past president of the famed Nikki Beach Hotel Group the beauty of the north coast of the Dominican Republic is finally getting the recognition it deserves. Following is the press release:
NEW YORK - (Business Wire) Miami Based, Desires Hotels announces the latest international addition to their modern boutique collection, The Cliffs Ocean Resort, which is situated between Puerto Plata and Samana along the stunning north coast of the Dominican Republic. The project is the first in the Dominican Republic to be LEED certified and is set to open Summer 2011. Room amenities at the eco-chic luxurious resort include large living areas and private terraces with unmatched views to the ocean and the mountains while being completely surrounded by a lush tropical landscape.
The Cliffs Ocean Resort’s initial 102 rooms mark the first phase of development in which guests will enjoy the resort’s close proximity to great golf at the Robert Trent Jones Sr. designed Playa Grande Golf Course which has been called the “Pebble Beach of the Caribbean.” In an area that sees few tourists, the resort is only five minutes from crystal clear turquoise water with white powder sand beaches featuring water sports, fishing, surfing, and snorkeling. The area along the north coast of Dominican Republic is a beach lover’s dream with 75 miles of pristine white-sand beaches that were named to Conde Nast Traveler’s “Top 10 Beaches in the World.” Nature enthusiasts will also enjoy short exploration trails to tropical waterfalls, lagoons, and mangroves.
Built on 25 acres of ocean-side property, The Cliffs Ocean Resort will include a luxury spa featuring a wide array of Asian treatments that soothe the mind, body, and soul. For those wanting to relax poolside, there will be two salt-water infinity pools overlooking the Caribbean Sea along with a Beach Club that offers another form of respite in the bar and cigar lounge — the club also consists of a food and beverage outlet and area for teenagers. The resort has 24-hour room service, a Fitness Center, helipad, and commercial shopping area. For those seeking a more active holiday there is golf practice facility, sports center with tennis courts, and equestrian center. “Desires Hotels International is excited to bring this property into the collection,” says Gary L. Sims Executive VP/Partner of Desires Hotels International, “It’s unique location and tremendous amenities for guests make The Cliffs Ocean Resort an outstanding Caribbean destination.”
The Cliffs Ocean Resort is only 40 miles from Puerto Plata International Airport which has daily international flights to and from the United States. For information please visit: Thecliffsoceanresort.com or call 809-334-5064.
About Desires Hotels
From the neon lights of Ocean Drive in South Beach to the Harley-Davidson Museum in Milwaukee, from the iconic Delmar Loop in St. Louis to the heart of Times Square, Desires Hotels is a collection of independently created modern boutique hotels. High in style, distinct and creative, each of these lifestyle hotels have one-of-a-kind architecture and interior design, allowing guests to expect just as much from their hotel as they do from their destination. Savvy travelers seeking a lifestyle-oriented experience will appreciate the “Your Desires” program that tailors a unique experience to every guest. Coming soon in 2010 Desires Hotels will be opening Cassa in New York City, Villas Cesar in St. Petersburg, FL and The Charlee in Medellin, Colombia.
For more information about Desires Hotels, and their locations, call 866-593-4330 or visit www.desireshotels.com.
Documents and/or Photos available for this release:
Desires Hotels
Desires Hotels International
To view supporting documents and/or photos, go to www.enr-corp.com/pressroom and enter Release ID: 238981
KVD Communications
Ms. Kathleen Duda, 646-723-4338 x0
Managing Director
For more information on Dominican Republic Real Estate or Dominican Republic Commercial Real Estate contact us.
NEW YORK - (Business Wire) Miami Based, Desires Hotels announces the latest international addition to their modern boutique collection, The Cliffs Ocean Resort, which is situated between Puerto Plata and Samana along the stunning north coast of the Dominican Republic. The project is the first in the Dominican Republic to be LEED certified and is set to open Summer 2011. Room amenities at the eco-chic luxurious resort include large living areas and private terraces with unmatched views to the ocean and the mountains while being completely surrounded by a lush tropical landscape.
The Cliffs Ocean Resort’s initial 102 rooms mark the first phase of development in which guests will enjoy the resort’s close proximity to great golf at the Robert Trent Jones Sr. designed Playa Grande Golf Course which has been called the “Pebble Beach of the Caribbean.” In an area that sees few tourists, the resort is only five minutes from crystal clear turquoise water with white powder sand beaches featuring water sports, fishing, surfing, and snorkeling. The area along the north coast of Dominican Republic is a beach lover’s dream with 75 miles of pristine white-sand beaches that were named to Conde Nast Traveler’s “Top 10 Beaches in the World.” Nature enthusiasts will also enjoy short exploration trails to tropical waterfalls, lagoons, and mangroves.
Built on 25 acres of ocean-side property, The Cliffs Ocean Resort will include a luxury spa featuring a wide array of Asian treatments that soothe the mind, body, and soul. For those wanting to relax poolside, there will be two salt-water infinity pools overlooking the Caribbean Sea along with a Beach Club that offers another form of respite in the bar and cigar lounge — the club also consists of a food and beverage outlet and area for teenagers. The resort has 24-hour room service, a Fitness Center, helipad, and commercial shopping area. For those seeking a more active holiday there is golf practice facility, sports center with tennis courts, and equestrian center. “Desires Hotels International is excited to bring this property into the collection,” says Gary L. Sims Executive VP/Partner of Desires Hotels International, “It’s unique location and tremendous amenities for guests make The Cliffs Ocean Resort an outstanding Caribbean destination.”
The Cliffs Ocean Resort is only 40 miles from Puerto Plata International Airport which has daily international flights to and from the United States. For information please visit: Thecliffsoceanresort.com or call 809-334-5064.
About Desires Hotels
From the neon lights of Ocean Drive in South Beach to the Harley-Davidson Museum in Milwaukee, from the iconic Delmar Loop in St. Louis to the heart of Times Square, Desires Hotels is a collection of independently created modern boutique hotels. High in style, distinct and creative, each of these lifestyle hotels have one-of-a-kind architecture and interior design, allowing guests to expect just as much from their hotel as they do from their destination. Savvy travelers seeking a lifestyle-oriented experience will appreciate the “Your Desires” program that tailors a unique experience to every guest. Coming soon in 2010 Desires Hotels will be opening Cassa in New York City, Villas Cesar in St. Petersburg, FL and The Charlee in Medellin, Colombia.
For more information about Desires Hotels, and their locations, call 866-593-4330 or visit www.desireshotels.com.
Documents and/or Photos available for this release:
Desires Hotels
Desires Hotels International
To view supporting documents and/or photos, go to www.enr-corp.com/pressroom and enter Release ID: 238981
KVD Communications
Ms. Kathleen Duda, 646-723-4338 x0
Managing Director
For more information on Dominican Republic Real Estate or Dominican Republic Commercial Real Estate contact us.
Subscribe to:
Posts (Atom)