Industry Snapshots

Travel, Tourism & Hospitality

Where can you find El Yunque, the only tropical rain forest in the United States, the second longest canopy zip line of the world, the largest and most technologically advanced Convention Center in the Caribbean and 3 of the 5 bioluminescent bays in the world?

On The All-Star Island: Puerto Rico

Puerto Rico welcomes 5 million passengers by air and almost 1.2 million cruise passengers per year. With its pristine white sand beaches and world-class biodiversity, the reasons for Puerto Rico’s success are as diverse as its habitats. Add to this the incentives we offer for tourist businesses and you see why we’re such a great destination to visit and an ideal place for business.

Currently, there are more than $580 million invested in tourism projects underway and over $3.5 billion still under development, such as multifaceted hotels and resorts, casinos, golf courses and other tourist attractions throughout the island. With this in mind, Puerto Rico approved a new Incentives Act in order to facilitate and promote world-class tourism projects. Since 2009, the opening of 21 hotels and inns, including the W Hotel Retreat and Spa in Vieques, the first Ritz-Carlton Reserve in the Americas, the St. Regis Bahia Beach Resort in Rio Grande, among others, all of which have taken advantage of key tourism development incentives. These projects have represented the evolution of Puerto Rico’s offering for the luxury traveler.

Other niche offerings include destination weddings, adventure and nature tourism, cultural tourism, and sports tourism.

For those willing to explore the island, there are thousands of adventures, which translate into thousands of unique business opportunities. We are committed to the development of new and attractive offers to retain and attract new tourist segments. The diversification of markets and products, the promotion of nautical, medical, culinary, cultural, and sports tourism, plus the creation of locations of interest outside the metropolitan area, are part of our plan for this sector.

Main Industry Subsectors

Of the more than 25 subsectors that make up the travel and tourism industry, four sectors -- food services, air travel, accommodations, and recreation and attractions -- account for more than 60 percent of total output.

Contact us to learn more about opportunities in the Tourism sector.

Get to know the incentives for the Tourism & Hospitality industry.