# Banking and tourism sector back Collado's management

Canonical-URL: https://turismo.news/en/digest/banks-tourism-back-collado-management
Text-Version: https://turismo.news/en/digest/banks-tourism-back-collado-management.txt
Markdown-Version: https://turismo.news/en/digest/banks-tourism-back-collado-management.md
Language: en
Published: 2026-09-21T12:30:55.182Z
Modified: 2026-09-21T12:30:55.182Z
Author: Joan Sanz
Topics: Investment & M&A
Summary: The Dominican financial and tourism sector recognizes Collado's economic policy work, with tourism as a real revenue engine for the state.

## Article

Dominican banks and the tourism sector have agreed in backing the management of Finance Minister **José Manuel Vicente Collado**, as reported by [El Nacional](https://elnacional.com.do/economia/banca-y-sector-turistico-valoran-gestion-de-collado_553652.html). The endorsement comes as tourism delivers record foreign currency and consolidates as one of the pillars of tax collection in provinces like La Altagracia, Samaná and Puerto Plata.

The gesture matters because it is unusual to see banks and hoteliers aligned on the same diagnosis. When they are, it usually means economic policy gives them predictability. And predictability is, in the tourism business, the raw material of any new investment.

The read for professionals is simple. If the financial sector backs fiscal management, credit for hotel and airport infrastructure projects should flow with less friction. That is the opportunity: more rooms, more air routes and more formal jobs in the country's tourism hubs.

## Sources

- El Nacional: https://elnacional.com.do/economia/banca-y-sector-turistico-valoran-gestion-de-collado_553652.html

## Citation

Banking and tourism sector back Collado's management. Turismo News. 2026-09-21. https://turismo.news/en/digest/banks-tourism-back-collado-management