Study: Puerto Rico restaurants are faring better despite pandemic hit
October 8, 2021
Nearly half of the island’s restaurants — or 48.7% — confirmed in a survey by the Puerto Rico Restaurants Association that their sales have been higher from January to July 2021, compared to the same period for the previous year, despite still experiencing the negative effects of the COVID-19 pandemic. The survey presented during the […]
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ASORE: COVID-19 pandemic has Puerto Rico restaurants on the brink
May 5, 2021
Puerto Rico’s restaurant industry saw a 68.2% drop in sales between April and January 2020, when activity plummeted to $50 million from $157 million, “Proyecciones 2021,” a study commissioned by the Puerto Rico Restaurants Association (ASORE, in Spanish) showed. During those months, the island’s government established a series of restrictions, including an almost full lockdown, […]
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ASORE: COVID-19 slams Puerto Rico restaurant sales in ’20
January 27, 2021
Puerto Rico’s restaurant industry has taken a significant hit as a result of the COVID-19 pandemic, losing about $352 million from January to September 2020, down 23.6% from the same period in 2019, the Puerto Rico Restaurants Association revealed. The trade group known as ASORE commissioned research firm Inteligencia Económica to analyze the economic toll […]
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Restaurants urge Puerto Rico gov’t to approve industry incentives proposal
December 15, 2020
In the wake of the severe impact from local measures implemented to control the spread of the COVID-19 pandemic, the Puerto Rico Restaurants Association asked the government to consider and approve the proposal presented in October to create a new assistance or incentives program for the industry using CARES Act funds. “Certainly, the industry is […]
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Puerto Rico restaurant owners ask governor for more flexibility
August 13, 2020
The Puerto Rico Restaurants Association sent a letter to Gov. Wanda Vázquez asking her to ease the conditions under which they will operate after the current Executive Order restricting economic activity to curb the spread of COVID-19 expires on Aug. 15. In the letter, the trade group — which represents about 4,500 local commercial establishments […]
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Restaurant sector leader urges ongoing compliance with safety protocols
July 10, 2020
Six weeks after the partial reopening of restaurant dining rooms after the lockdown called to curb the COVID-19 pandemic, the head of the Puerto Rico Restaurants Association, Marisol Vega, urged operators to uphold safety and hygiene protocols. The group known as ASORE in Spanish established its own set of guidelines based on Center for Disease […]
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Restaurant Assoc. asks for extension of tax-exempt prepared foods
January 31, 2020
Given the emergency that Puerto Rico is experiencing as a result of the ongoing earthquakes, the Puerto Rico Restaurants Association has asked for an additional 60 days of the elimination of the Sales and Use Tax on prepared foods. Marisol Vega-Cuoto, president of the trade group known as ASORE in Spanish, said “many citizens, volunteers […]
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P.R. Restaurants Association urges eateries to ‘pass on reduced tax’ to consumers
October 15, 2019
Puerto Rico Restaurants Association Chair José Salvatella urged local eateries to complete the necessary steps to be able to pass on the reduced sales and use tax rate to consumers, who are increasingly eating out. During an interview on the “En Una Hora” radio program on 11Q 1140 AM, in which News is my Business […]
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Treasury starts processes to reduce sales and use tax on prepared foods to 7%
July 19, 2019
The Puerto Rico Treasury Department has begun to implement the reduction of the Sales and Use Tax (IVU, for its initials in Spanish) on prepared foods from 11.5% to 7%, which will take effect in October. “We have already started conversations with the Puerto Rico Restaurants Association to delineate the parameters of the implementation and […]
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Consumers on the fence about using technology at restaurants, study shows
April 8, 2019
Customers who visit restaurants of all types expressed a split decision as to whether technology facilitates or complicates their experience, a study by the Puerto Rico Restaurants Association showed. The EAT study, commissioned by the professional group to The Research Office, “found a very marked contradiction in the use of technology in restaurants,” said José […]
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P.R. restaurants generate $4B in sales, generate 60K direct jobs
October 5, 2018
The EAT study, which measures industry trends, also confirmed that the sector purchases more than $500 million in local products.
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Electricity costs taking a bite out of restaurant business
March 19, 2014
Payroll, food and electricity represent the three major expenses for Puerto Rico restaurants, which are feeling the crunch of rising costs all-around, Restaurant Association President Carlos Morell said Tuesday during a public hearing at the Senate.
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Restaurants balk at new PRASA regulatory charge
December 20, 2013
The Puerto Rico Restaurant Association raised a red flag Thursday against the decision by the Aqueduct and Sewer and Authority’s examiner to enact an Environmental and Regulatory Compliance fee based on consumption for customers whose meters are less than 2 inches in diameter, and a flat rate for those with larger meters.
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ASORE sponsors seminar on new taxes, industry impact
August 28, 2013
The Puerto Rico Restaurants Association, known as ASORE, sponsored a seminar Tuesday on the recently approved Law 40, which has brought on a new set of taxes, and its impact on the industry.
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Restaurant association balks at end of ‘Buen Provecho’ program
April 24, 2013
The Puerto Rico Restaurant Association balked at the the Family Department's Socioeconomic Development Administration’s decision to nix the “Buen Provecho” initiative that for the past 29 months allowed the elderly, homeless and handicapped persons to use their nutritional assistance funds to buy prepared fast-food meals.
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