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Puerto Rico welcomes a new era in hospitality!

 Starwood Hotels & Resorts Worldwide inaugurates first three new hotels constructed in Puerto Rico in over a decade ...

 

Econo’s 2010 sales on track to exceed $1 billion
Supermarket chain’s sales space tops one million square feet; 11 additional stores in two years, 2,000-plus new jobs ...
P.R. presses for more under U.S. health plan
  Island aims for insurance-network participation, increased medical funding ...
 
Planning Board: Economy to shrink 3.6% in fiscal 2010
  Scaled-back forecast sees economy inching up by 0.4% in 2011 ...
 
Rafael Varela Martínez is appointed new president of BBVA Puerto Rico
  Javier Flores, who has been at the helm of the local bank subsidiary since 2004, returns to Spain to assume new responsibilities ...
 
Executive Director Jaime López Díaz deems Tourism agenda ‘off to a good start’
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Eiffel Tower chef Alain Ducasse comes to P.R.
  Ducasse to open his first restaurant in the Caribbean, ‘miX on the beach’ at W hotel in Vieques ...
 
 
 
  Wireless revolution threatens traditional landline phones
  There are four cellphones for every landline connection in P.R.; more women have cellphones; 53% of middle-income families prefer wireless ...
 
  Island’s auto finance market poised for growth in 2010
  After four-consecutive years of decline, finance firms betting auto loan & lease portfolio will gain ground this year as sales improve ...
 
  Banking/Finance Briefs
  Cantor Fitzgerald initiates coverage of three local banks; First BanCorp files S-4, prepares for conversion; Fitch assigns BBB+ rating to Prepa’s...
 
  A rebounding world economy
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  New hotel construction essential to restore credibility in Puerto Rico’s tourism strategy
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  Bottled or Brita? New water-filtration products on tap
  Local Clorox Commercial Co. lands distribution of Brita’s water-filtration products ...
 
  Retail/Commerce Briefs
  P.R. residents benefit from Sears’ Energy Star reimbursements; Falto cigars sold in Russia; Restaurant updates ...
 
 
 
 
 
 
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