Industry study shows restaurant visits up 19% this year in Puerto Rico
October 20, 2023
Increasingly, consumers are recognizing that restaurants are an integral part of their lifestyles, the study shows. #NewsismyBusiness
chat_bubble0 Comment
visibility4380 Views
Guaynabo to hold first Esmeralda Culinary Fest
September 26, 2023
More than 40 restaurants and varied entertainment set for Oct. 1 event on Esmeralda Avenue. #NewsismyBusiness
chat_bubble0 Comment
visibility3969 Views
Pollito Chic, Forno Lab restaurants open in Guaynabo
August 23, 2023
The restaurants entailed a $750,000 investment to open. #NewsismyBusiness
chat_bubble0 Comment
visibility2699 Views
Asore study: 76% of restaurants have increased prices
May 31, 2023
Despite increased revenues compared to last year, restaurants face rising costs and reduced sales, leading to price increases and staffing adjustments. #NewsismyBusiness
chat_bubble0 Comment
visibility2601 Views
Puerto Rico may be the location of a sky-high dining battle
April 18, 2023
Competing aerial experiences vie for a place in San Juan amid controversy. #NewsismyBusiness
chat_bubble1 Comment
visibility4960 Views
Restaurant Association presents study findings, ’23 projections
February 1, 2023
About a quarter of respondents have had to raise prices and still lack employees.
chat_bubble0 Comment
visibility4341 Views
Study: Puerto Rico consumers spend 25% more a month to eat out
October 17, 2022
The Economic Development Bank stated the restaurant sector broke job-creation records.
chat_bubble0 Comment
visibility5634 Views
8 Puerto Rico eateries get Wine Spectator’s ’22 Restaurant Awards
August 5, 2022
Fine-dining restaurants were recognized for their wine cellar options.
chat_bubble0 Comment
visibility7200 Views
Fatburger, Buffalo’s Express to open 10 restaurants in Puerto Rico
June 21, 2022
FAT Brands is partnering with local franchisee Conceptos Restaurants to launch the local chain of eateries.
chat_bubble0 Comment
visibility7122 Views
Puerto Rico restaurants juggle price hikes, reduced hours to deal with rising costs
June 15, 2022
The trade group released the “Proyecciones 2022” study.
chat_bubble0 Comment
visibility4852 Views
Puerto Rico restaurants lose $398M in sales in ’20 due to pandemic
January 26, 2022
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 […]
chat_bubble0 Comment
visibility4182 Views
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 […]
chat_bubble0 Comment
visibility4014 Views
SBA grants $69.2M in aid to 339 bars, restaurants in Puerto Rico
July 8, 2021
The U.S. Small Business Administration recently announced the end of the Restaurant Revitalization Fund (RRF) program, which awarded $69.2 million in payments to 339 bars and restaurants in Puerto Rico, the agency confirmed. There was a total of 2,396 applications from Puerto Rico establishments, which requested a little more than $419 million in funding. Over in the […]
chat_bubble0 Comment
visibility1867 Views
Gov’t sponsoring job fair seeking 4K restaurant workers
June 23, 2021
The Department of Economic Development and Commerce (DDEC, in Spanish), through its Labor Development Program, will be holding a job recruitment fair to fill 4,000 restaurant jobs, the agency announced. The event — organized in collaboration with the Puerto Rico Restaurants Association (ASORE, in Spanish) and the Department of Labor and Human Resources— will take […]
chat_bubble0 Comment
visibility2569 Views
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, […]
chat_bubble0 Comment
visibility2635 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA