A new tourism gateway in 欧博娱乐 Dominican Republic
The Dominican Republic plans to develop 75,000 additional hotel rooms along 欧博娱乐 Punta Cana coast over 欧博娱乐 next 15 years. Tourism and 欧博娱乐 hospitality industry are critical elements of 欧博娱乐 country’s economy, and a new airport is needed to meet this growth. In a unique, totally private initiative, 欧博娱乐 Grupo Abrisa consortium is building a brand-new airport to meet 欧博娱乐 region’s growing tourism needs. And ICF has been 欧博娱乐re to help, every step of 欧博娱乐 way.
Challenge
How to develop a new greenfield airport to meet 欧博娱乐 long-term tourism needs of 欧博娱乐 Dominican Republic? How to assess visitor demand, infrastructure, cost, charges, organizational structure, financing, and investment risk? Bávaro International Airport, a privately developed project costing over $200 million, will be 欧博娱乐 next state-of-欧博娱乐-art tourism infrastructure built in 欧博娱乐 Caribbean. However, 欧博娱乐 airport needs to be operationally efficient, socially and environmentally responsible, and cost-effective for users—all while providing a superior experience for passengers.
Solution
Using our extensive experience in 欧博娱乐 aviation, travel, and tourism sectors, ICF created a realistic vision for Bávaro International Airport. We defined 欧博娱乐 need, forecasted how demand would unfold, sized 欧博娱乐 infrastructure, and developed 欧博娱乐 strategic plan and investor roadshow 欧博娱乐 client used to plan 欧博娱乐 project and raise financing. Currently, we are developing key elements to make 欧博娱乐 airport one that airlines and visitors will want to use, and one that will be environmentally friendly. Bávaro International Airport will be a model for how 欧博娱乐 private sector can contribute to 欧博娱乐 development and promotion of tourism in a destination market.
Results
Grupo Abrisa successfully obtained investment and project financing, and 欧博娱乐 project has broken ground. The airport is anticipated to open in early 2024.
鈥淚CF has been absolutely invaluable in making this project happen. They bring true insight, market credibility, and real-world experience that we simply could not do without.鈥�
鈥� Rafael Fernandez, Vice President, Grupo Abrisa
