The meetings and conventions industry represents a US$120 billion business in the United States alone, and Puerto Rico has unique attributes as a meeting destination to be part of this lucrative market. This industry already represents 35% of the total tourism economic impact in the Island, but there are many more opportunities.
The meetings and conventions industry in Puerto Rico represents:
Approximately US$900 MM in yearly revenue.
Approximately US$1.2 MM to hotels, transportation, and meeting rooms, among others for a 4-day, 500 people convention contribution.
An induced economic impact of up to US$2 MM in shopping, restaurants, taxis, and other expenditures.
The Island hotel's highest level of occupation.
2/3 of hotel occupancy composed of corporate, group and convention guests.
Destination Team
When an Ambassador has a lead for a meeting or convention in Puerto Rico, he receives full support of the professional institutions dedicated to maintaining the hospitality industry at the edge of a demanding market. The Puerto Rico Destination Team is: