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 […]
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, […]
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 […]