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This was important for the economy, since tourism provides up 10% of Puerto Rico's GDP, according to Discover Puerto Rico. [3] The COVID-19 pandemic in 2020, however, greatly affected this gradual recovery, [ 4 ] and it was not until 2022 that tourism numbers would demonstrate a concrete recovery of the tourism industry in the island.
The economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...
This was important for the economy, since tourism provides up to 10% of Puerto Rico's GDP, according to Discover Puerto Rico. [176] A tourism campaign was launched by Discover Puerto Rico in 2018 intended to highlight the island's culture and history, branding it distinct, and different from other Caribbean destinations.
Economy of Puerto Rico; A. ... Tourism in Puerto Rico This page was last edited on 22 March 2022, at 14:15 (UTC). Text is available under the Creative Commons ...
According to Dennis Merrill, author of "Negotiating Cold War Paradise: U.S. Tourism, Economic Planning, and Cultural Modernity in Twentieth-Century Puerto Rico", the tourism industry in the Caribbean is viewed by its critics as causing host countries to practice economic subservience to the visitors of the islands.
A partial government shutdown could cost the U.S. travel industry $1 billion per week and lead to widespread disruptions for travelers, a trade group representing airlines, hot… Reuters 18 days ago
A blackout in Puerto Rico left nearly 1.3 million clients in the dark on Tuesday as the U.S. territory began preparations to celebrate New Year’s Eve, and according to officials, it may take up ...
The Puerto Rico Tourism Company (Spanish: Compañía de Turismo de Puerto Rico, or simply Turismo) is the government-owned corporation in charge of tourism matters and regulations in Puerto Rico. The company was created during Governor Luis A. Ferré 's administration (1969-1973) to coordinate the marketing and growth of Puerto Rico's tourism ...
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