The Dominican Republic Ministry of Tourism renewed, for the fourth consecutive year, an agreement through which Air France supports the promotion and advertising of the Caribbean destination in France and 20 other European markets serviced by the airline.

The initiative includes actions in Germany, Spain, Denmark, Finland, France, England, Ireland, Italy, Norway, The Netherlands, Poland, the Czech Republic, Russia, Sweden, Switzerland and Ukraine.

This agreement allows for promoting the country in the European markets. This is fantastic news for our homeowners because traveling back and forth between their Iberostate Bávaro home and their main residences will be so much easier, for their friends and family as well.

That's why we want to emphasize the importance of this initiative because we know that this kind of news is important to our homeowners, their families and friends as well as for those who want to come and enjoy the Iberostate Experience.

If in addition to this initiative we add the progress and advances being made to finalize the Coral highway (which connects the Bávaro area and the Dominican capital) and the internal road improvements of the area, we can firmly say that it will be increasingly easier for our homeowners to come to Iberostate to disengage, relax and enjoy the peace on the Dominican beaches. Homeowners will be turning the heat off in their main residences and the AC on their apartment or villa much more often from now on. And their residential city views will therefore become the impressive golf course designed by P.B. Dye.

We're getting closer to our homeowners every day.