Sunday, April 17, 2011

Sporting Events Bring Big Money To The Economy Of Puerto Rico

The Puerto Rican economy stands to gain about $28 million from various international sporting events on the island, according to the Puerto Rico Tourism Company (PRTC), a state-run agency.
From 2010-2011 some 50 sporting events will be held in Puerto Rico that are expected to reap around $28 million in revenue for the island’s hospitality industry.  Sports are only part of the government strategy for attracting tourists to Puerto Rico, which annually welcomes 5 million visitors, with an annual increase of close to 6 percent.

The Puerto Rico Open at the Trump International Golf Club in Rio Grande is perhaps the most important event held annually on the island.  The event brings brings almost $ 5 million.  While it may be the highest profile sporting competition hosted by the island, the Puerto Rico Open is far from the only one.  Other sports events held in Puerto Rico:   Rip Curl Pro Search Championship, La Vuelta cycling event , Puerto Rico Bodyboarding Contest and The Central American Games.  Recent sports events held on the island: The Ironman 70.3 and The Corona Extra Pro Surf circuit.