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prima:Municipalities’ investment in hotels with questionable results

A dozen municipalities have used nearly $90 million in public funds in hopes of boosting their towns’ economies, but only four hospedias are up and running

September 22, 2024 - 3:00 PM

From left to right, the Media Luna hotel in Comerío; the Ojo de Agua hotel in Rincón, awaiting completion of construction; and the future El Valenciano hotel in Juncos. (GFR Media)

As a promise of economic development and job creation in the midst of the fiscal crisis, some 12 municipalities embarked on the construction of hotels over nearly 20 years.

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