The Weekly Journal - Wednesday, September 15, 2021

Page 1

Puerto Rico and the Caribbean

www.theweeklyjournal.com

>Josian E. Bruno Gómez

Wednesday, September 15-21, 2021 - // no. 125

Consumers ‘Confused’ About Current State of Travel P6 Pandemic Will Change Life Expectancy P7

>All photos are courtesy

Treasury Issues Return-to-Work Program Rules P10

Sunny 2022 Forecast for the Events Industry Puerto Rico Convention Center is open for meetings and conventions

B

>Courtesy of the PRTC

Rosario Fajardo

Paradores Celebrate 48th Anniversary P13

rfajardo@wjournalpr.com

@RosarioWJournal

efore the COVID-19 pandemic wreaked havoc around the world, the global events industry generated an estimated $1.13 trillion in 2019, and postpandemic, is expected to recover and reach more than $1.5 trillion by 2028. The global events industry is expected to register a compound annual growth rate (CAGR) of 11.2 percent from 2021 to 2028. That is the rosy forecast from a March 2021 Allied

Research Market report, and Puerto Rico is looking forward to having a nice slice of that trillion-dollar market, once the pandemic is over. In terms of the current COVID-19 scenario, the report notes that the Covid-19 pandemic and followed lockdowns have negatively impacted the event industry, as countries around the world imposed strict travel restrictions. Moreover, worldwide adoption of work from home and restrictions on public gatherings hampered the industry. GO TO PAGE 4


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
The Weekly Journal - Wednesday, September 15, 2021 by El Vocero de Puerto Rico - Issuu