“Most of the funds will stimulate consumption and since most consumption goods are imported, the permanent impact on the overall economy is reduced,” Estudios Técnicos said.
“We see the pace of hotel bookings above last year, up 44% in August and 29% in September, influenced by the [Bad Bunny] concert series that has been integrated into Puerto Rico’s tourism offering.”
— Laressa Morales, director of research and analysis, Discover Puerto Rico