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Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) ASUR a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that total passenger traffic for January 2019 increased 8.5% when compared to January 2018. Passenger traffic rose 1.3% in Mexico, 30.1% in Puerto Rico and 17.1% in Colombia.
This announcement reflects comparisons between January 1 through January 31, 2019 and 2018. Transit and general aviation passengers are excluded for Mexico and Colombia.
The recovery in passenger traffic at San Juan Airport, Puerto Rico reflects the impact of Hurricane Maria, which hit the island on September 21, 2017.
Not entirely sure what your posts are about. However, based on what I personally witnessed between Feb 17 to Feb 25, I can frankly state that, despite 11.5% sales tax, tourism in PR is on the rise and infrastructure is improving. This I dare state given the vast improvement from June 2018 to February 2019.
Not entirely sure what your posts are about. However, based on what I personally witnessed between Feb 17 to Feb 25, I can frankly state that, despite 11.5% sales tax, tourism in PR is on the rise and infrastructure is improving. This I dare state given the vast improvement from June 2018 to February 2019.
I wonder what proportion of this higher air passenger traffic is actual tourism, versus Puerto Ricans living in the US returning to take care of family business there (like aging parents, or properties left behind during the post hurricane exodus). I believe this needs to be identified to get more accurate tourism numbers. Maybe correlating air (and ship) passengers versus hotel room occupation will be a more accurate metric.
One thing is for sure. Airline ticket prices have increased significantly since the last time I visited in Oct 2018. The ticket I used to be able to get for about $330 is now in the $500 range.
Not entirely sure what your posts are about. However, based on what I personally witnessed between Feb 17 to Feb 25, I can frankly state that, despite 11.5% sales tax, tourism in PR is on the rise and infrastructure is improving. This I dare state given the vast improvement from June 2018 to February 2019.
they are about what's happening in Puerto Rico. the passenger numbers should give an indication of what is happening to tourism before it appears in the news. although one might say there would be a bump in family visits, the relatively strong numbers definitely indicate an improved market not just over post-Maria numbers but pre-Maria numbers. I've suspected that despite the ruin porn, Maria resulted in a lot of press and most any press is positive. It put PR on the map for people who probably never gave it much thought. it would seem to be a good time to open a hotel. hopefully there will be enough of an increase to justify the lower sales tax going into effect in october. higher revenue should allow for lower rates. agreed that infrastructure is improving though they still need to move on power, water, and the boats to vieques and culebra. it really should not be that complicated to sell advance tickets and there will be a direct improvement not only for day to day living but those making their living on tourism (and consequently government revenue).
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