However, the outlook for tourism is a mixed bag of positives and negatives, Discover Puerto Rico confirmed.
The two firms bought the properties after the original owner defaulted on loans.
The tourism industry has broken the record of employed workers for six consecutive months.
The new property adds 51 new hotel rooms to the western region known as Porta del Sol.
Airbnb commissioned Oxford Economics to explore the fiscal significance of the platform’s expanding footprint in Puerto Rico.
ASTA is partnering with Discover Puerto Rico to host the annual conference in San Juan.
The campaign focuses on showing ‘what to do’ in Puerto Rico.
The hotel will officially open June 23, to a “sold out” status, officials said.
Puerto Rico is one of the destinations featured as a case study.
The building reportedly owes about $117,000 to PRASA and another $1.2 million to Luma Energy.
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