Key Market Indicators
Puerto Rican tourist arrivals are projected to reach approximately 5.2 million by 2028, up from about 5 million in 2023. This marks an average annual growth rate of 0.7%. Since 2000, the demand for tourism in Puerto Rico has seen an average yearly increase of 3.1%. However, the financial outlook for Puerto Rican tourism tells a different story. Tourism receipts are expected to drop to around $633 million by 2028, down from roughly $787 million in 2023. This decline represents an average annual decrease of 3.3%. Historically, since 2000, the tourism market in Puerto Rico has experienced an average yearly decline of 2.5%.
