Real estate companies say AirBnb needs regulation in Dominican Republic

HospitalityReal estate companies say AirBnb needs regulation in Dominican Republic

The president of the Dominican Association of Real Estate Tourism Companies (ADETI), Jorge Subero Medina, said that the regulation of digital platforms that offer real estate tourism accommodation is key in complying with safety, health and quality standards in tourism services. for tourists visiting the Dominican Republic.

He reiterated that this, in addition to the tax issue that allows regularizing fair competition and greater competitiveness in the market, is one of the most correct ways to ensure the preservation of a good reputation in the country.

Subero Medina recalled that on several occasions in the past isolated events occurred that have put our reputation and credibility at risk due to the lack of security in this type of rental, which has increased the interest of local and foreign tourists from 7.1% in the year 2019 to 28.5% for the year 2021 according to statistics from the Ministry of Tourism of the Dominican Republic.

This shows that due to the affordable costs and the few demands made on these short-term rental platforms, the aforementioned aspects put the Country Brand at risk, and create insecurity alerts for foreigners who enjoy visiting and learning about our destinations.

He concluded that the authorities and the private sector have worked together to relaunch tourism in the country, and this is the time to strengthen this work by protecting our sector and our identity.

ADETI, as a business association, brings together the main real estate tourism companies in the country, such as Cana Rock, Ciudad Destino Cap Cana, Costasur/Casa de Campo, Club Hemingway, Green One Playa Dorada, Grupo Puntacana, Grupo Velutini, Kaynoa, Metro Country Club, Playa Grande Golf & Ocean Club, Playa Nueva Romana, Puntarena, Rincón Bay, Terra RD Partners (INICIA asset manager) and Tropicalia (Cisneros Organization).

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