One of the key issues raised during the discussions was the lack of a structured industrial recycling system in Puerto Rico. #NewsismyBusiness
Despite declining profit margins, the restaurant industry remains a viable option with good management practices and continued education. #NewsismyBusiness
The trade show will take place at the Puerto Rico Convention Center. #NewsismyBusiness
This edition of Climbing the Corporate Ladder features new leadership appointments at DDB Latina, the National Restaurant Association Educational Foundation, Puerto Rico Green Energy Trust Board, and the Center for a New Economy. #NewsismyBusiness
A new agreement aims to offer financing of up to $200,000 and resources for restaurateurs. #NewsIsMyBusiness
Increasingly, consumers are recognizing that restaurants are an integral part of their lifestyles, the study shows. #NewsismyBusiness
The Puerto Rico Restaurants Association announced the event’s return with an educational focus. #NewsismyBusiness
Despite increased revenues compared to last year, restaurants face rising costs and reduced sales, leading to price increases and staffing adjustments. #NewsismyBusiness
About a quarter of respondents have had to raise prices and still lack employees.
The Economic Development Bank stated the restaurant sector broke job-creation records.
The trade group released the “Proyecciones 2022” study.
Puerto Rico’s restaurant industry took a $398 million hit in sales during 2020, when COVID-19 restrictions were in full force, reaching $1.6 billion, a report released by Puerto Rico Restaurants Association (ASORE, in Spanish) showed. The 2020 results were 20% down from the $1.9 billion reported for 2019. The study also showed that in the […]
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