AGP Executive Report
Last update: 8 hours agoBusiness Technology: Puerto Rican property-management firm Hospitri says it has invested more than $200,000 in technology and talent over the past year. Its platform supports about 400 short-term rental and boutique hotel properties across Puerto Rico and the Caribbean. Tax Burden: A new study estimates consumers face an effective sales-tax burden of 12.7%, above the island’s 11.5% rate, as unrecoverable taxes on business purchases raise costs along the supply chain. Small Business: Coamo bakery One Bite Desserts won $20,000 and a yearlong kiosk opportunity at Plaza Las Américas, starting in April 2027. Infrastructure: Aerostar Puerto Rico signed a $173 million contract to add about 2,600 parking spaces at Luis Muñoz Marín International Airport. Restaurant Expansion: Fazoli’s is opening its second Puerto Rico location in Cupey, following its Bayamón debut earlier this year.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.