Sotero Peralta

Managing Director, Santo Domingo, Dominican Republic

Sotero Peralta is the Managing Director at Horwath HTL's Dominican Republic office, with over 35 years of experience in the fields of tourism and real estate consulting.


Bio

Sotero is renowned for his expertise in the planning and management of a multitude of tourism projects, strategic and conceptual frameworks, market and financial analyses, and the negotiation of hotel management contracts.

Throughout his career, Sotero has made a substantial contribution to industry research, including the coordination of the "Worldwide Hotel Industry Study" and the "Dominican Hotel Industry" report. He has occupied senior leadership roles in a number of esteemed organisations, including Crowe Horwath International and the Dominican Hotel Association. Moreover, he is renowned for his extensive international speaking engagements and his profound comprehension of the hotel industry.

Sotero's particular areas of expertise are his strategic planning abilities and his management of large-scale tourism and real estate projects across the Caribbean and Central American regions. His profound understanding of regional market dynamics, coupled with his meticulous financial analysis skills, have established him as a preeminent figure in the industry.

Additionally, he has served as President of the Institute of Certified Public Accountants of the Dominican Republic, President of the Conciliation and Arbitration Council of the Chamber of Commerce of Santo Domingo, and President of the Board of Member Firms for Crowe Global Latin America.

Sotero holds a Bachelor's Degree in Business Administration (Accounting) from the Autonomous University of Santo Domingo (UASD) and has completed postgraduate certificates in Finance and Stock Exchange, International Financial Reporting Standards (IFRS), and International Standards on Auditing (ISA) from the Pontificia Universidad Católica Madre y Maestra.

Expert insights

Cutting edge analysis.

Report

Caribbean & Central America Market Report 2023

Horwath HTL Dominican Republic and Crowe Costa Rica have released the latest market report for the Caribbean and Central America. The Caribbean and Central America combined make up around 92 million inhabitants and a GDP of approximately US$1.08 trillion. With a contribution of an estimated 15% and 12%, both regions have the highest share of the tourism sector to total GDP. In 2022, the Caribbean was the third most successful of all Worldwide regions or subregions to match 2019 visitor arrivals and even topped this during the first half of 2023, while Central America has experienced one of the fastest sector growths among American regions in the last 20 years.

Daniel Stockhammer
Daniel Stockhammer
Director, Dominican Republic
Report

Caribbean Market Update 2020

The Caribbean, renowned for its tropical beaches, year-round sun, and cultural diversity, is a significant player in global tourism. However, the COVID-19 pandemic has introduced unprecedented challenges. This report examines the industry’s performance before the pandemic, the specific challenges and advantages during the crisis, and the future implications for the sector.

Daniel Stockhammer
Daniel Stockhammer
Director, Dominican Republic
Report

Caribbean Market Report 2019

The Caribbean, celebrated for its idyllic islands and year-round tropical climate, has long been synonymous with paradise for travellers worldwide. Known for its pristine white sandy beaches and tranquil environment, the region is a premier destination for relaxation, outdoor activities, cultural festivals, and historical exploration. The Caribbean comprises various island nations and territories, including dependencies of the UK, US, France, and the Netherlands, housing around 42.5 million people across approximately 700 islands, of which about 100 are permanently inhabited.

Daniel Stockhammer
Daniel Stockhammer
Director, Dominican Republic
Report

The Caribbean Resort Product

The last recession, coupled with the maturation of the social web, has led to new purchasing behaviors and disruption in the travel industry. While the hospitality sector is often perceived as slow to adapt to change, how resorts respond to shifting consumer preference will determine their viability. In this latest report, we look at how the Caribbean resort product is evolving to stay relevant in an increasingly global tourism market.