How Much of Puerto Rico’s Economy Is Tourism?

By Michael Ferguson

Puerto Rico is a beautiful island located in the Caribbean that attracts millions of tourists every year. The island is known for its stunning beaches, rich history, and vibrant culture.

But just how much of Puerto Rico’s economy is dependent on tourism? Let’s take a closer look.

The Importance of Tourism to Puerto Rico’s Economy

Tourism is a major contributor to Puerto Rico’s economy. In fact, it accounts for about 6.5% of the island’s GDP (gross domestic product). This may not seem like a huge number, but it translates to billions of dollars in revenue each year.

One reason why tourism is so important to Puerto Rico’s economy is that it creates jobs. According to the World Travel & Tourism Council, the travel and tourism industry in Puerto Rico employs over 77,000 people. This includes jobs in hotels, restaurants, transportation, and other related industries.

The Impact of Hurricane Maria

In 2017, Hurricane Maria devastated Puerto Rico and had a significant impact on the island’s tourism industry. Many hotels and attractions were damaged or destroyed, and tourists were hesitant to visit due to concerns about safety and accessibility.

However, the island has made significant progress in rebuilding its tourism industry since then. New hotels have opened up, and many popular attractions have been restored.

  • El Yunque National Forest
  • Old San Juan
  • Bioluminescent Bay
  • Flamenco Beach

The Future of Tourism in Puerto Rico

Despite the challenges posed by Hurricane Maria and other factors such as political instability and economic struggles, tourism remains an important part of Puerto Rico’s economy.

In recent years, efforts have been made to attract more visitors to the island through marketing campaigns and incentives for investors. The establishment of new airlines and an increase in cruise ship arrivals has also helped to boost tourism.

Conclusion

In summary, tourism is a crucial part of Puerto Rico’s economy. It creates jobs and generates billions of dollars in revenue each year, making it an essential industry for the island’s growth and development. Despite setbacks like Hurricane Maria, Puerto Rico remains a popular destination for travelers from around the world, and efforts are being made to ensure that it continues to be a thriving tourist destination for years to come.