EDB OKs $1M in self-employment loans in Vieques, Culebra
December 12, 2011
The Economic Development Bank this week marked the end of the first phase of the Vieques and Culebra Tourism and Commercial Development Loan Program, which has already approved $1 million in loans that have created 74 new jobs split between the two island municipalities.
chat_bubble0 Comment
visibility2910 Views
Haiti’s ambitious tourism development plans could spark competition for P.R., other islands
October 25, 2011
New hotels, cruise-ship projects and tourist facilities are all on the drawing board for Haiti as it struggles to attract foreign investment and recover from the magnitude-7.0 earthquake that leveled Port-au-Prince and destroyed the island nation’s fragile economy nearly two years ago.
chat_bubble2 Comments
visibility7216 Views
Thousands of tourism industry execs meet in P.R.
October 6, 2011
More than 1,000 delegates from the tourism sector — including executives from the 14 Caribbean cruise lines, travel agents, tour operators and suppliers industry — are currently in Puerto Rico to attend the 18th Annual Florida-Caribbean Cruise Association Convention and Tradeshow, being held at the Convention Center in Miramar.
chat_bubble0 Comment
visibility3834 Views
DMO closer to becoming reality with Fortuño’s backing
September 29, 2011
Governor Luis Fortuño’s public support of establishing a Destination Marketing Organization for Puerto Rico took members of the Puerto Rico Hotel and Tourism Association by surprise Wednesday, but they are ready to take him up on his word, the trade group’s president Ismael Vega said.
chat_bubble1 Comment
visibility16084 Views
Tourism council to government: Create a brand for P.R. and stick to it
September 28, 2011
Puerto Rico has a great opportunity and can be a powerful competitor in global tourism but it has a way to go to reach those goals, as it must first become a stronger player in the island’s economic development, where it only represents between 6 percent and 8 percent of the overall activity.
chat_bubble0 Comment
visibility2652 Views
INTENE looks to brand 10-town region it represents
August 15, 2011
The Northeastern Technological Initiative, known as INTENE, is looking to establish a marketing identity for the 10-town region it represents through the recent launch of the “Name the eastern tourism region” campaign. The effort is one component of a multi-pronged plan the nonprofit group has to boost economic activity along the island’s northeastern flanks.
chat_bubble0 Comment
visibility3691 Views
El Blok hotel in Vieques to open December ’12
May 24, 2011
Nearly three months after announcing the approval of a $3.5 million loan to facilitate the construction of a new boutique hotel in Vieques, Economic Development Bank officials participated Monday in the groundbreaking for what in December 2012 should become the El Blok boutique hotel.
chat_bubble4 Comments
visibility8613 Views
EDB announces $8.2M in support for local businesses
February 28, 2011
The Economic Development Bank announced Sunday the approval of $7.2 million in loans — and a $1 million revolving credit facility — to help a trio of local businesses develop and keep their businesses going.
chat_bubble0 Comment
visibility3219 Views
PRHTA looks to support creation of destination marketing organization
February 21, 2011
Saying the historical “flip-flopping” of tourism marketing campaigns for Puerto Rico has “confused the hell out of everybody,” the Puerto Rico Hotel and Tourism Association has set the ball rolling on establishing a destination marketing organization, or DMO, for the island.
chat_bubble0 Comment
visibility3643 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA