AGP Executive Report
Last update: 7 hours agoPuerto Rico Water Crisis Hits Hotels: Puerto Rico’s water shortage is now costing the hospitality sector millions, with PRHTA saying some hotels spent about $800,000 in a week just to secure water and several small hotels unable to operate after failing to get deliveries from San Juan or PRASA. Ponce Tourism Boost: Ponce will inaugurate “La Bóveda” on June 19 as a new sensory tasting and tourism experience tied to the La Ciudad project, funded through recovery resources via the Serrallés Castle Foundation. Local Business Expansion: Bonchon says it’s nearing 500 locations globally and plans its first Puerto Rico opening by early 2027, as it continues international growth. Power & Logistics Tech: Advance Auto Parts is expanding its AI-powered fulfillment partnership with OneRail, citing store-based fulfillment and same-day delivery orchestration across thousands of locations, including Puerto Rico. Regional Finance Leadership: Visa appointed Jorge Salum to lead expanded Greater Caribbean operations across 22 markets (excluding Puerto Rico and the Dominican Republic), aiming to deepen digital payments adoption and cross-border connectivity. Healthcare Housing Investment: Elevance Health announced $640M in affordable housing investment over five years, including Puerto Rico, as part of its social drivers of health strategy.
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.