Puerto Vallarta, Mexico - Ten days after Hurricane Lidia made its destructive entrance into the Bay of Banderas, the business community in Puerto Vallarta is recovering from the extensive damage. A survey conducted by the Business Center of Puerto Vallarta and Bahía de Banderas has shed light on the economic impact sustained by local enterprises.
The hurricane, which arrived as a tropical storm on October 10, caused an average damage of 5,000 pesos to businesses in the area, according to Francisco Vizcaíno Rendón, President of Coparmex (Mexican Employers' Confederation). This figure encapsulates only the . . .
This independent news site is supported by subscribers.
Login now, or subscribe today. As a premium subscriber to our independent news site, for as low as .10 cents per day, you'll unlock full news coverage of the events that shape our city, exclusive interviews with local influencers, and in-depth reports that get to the heart of Puerto Vallarta's unique challenges and triumphs, while also learning more about news throughout Mexico that makes a difference. Help us sustain the future of independent journalism in Puerto Vallarta. It's a small market so advertising doesn't make a dent in the costs, but you can help! Subscribe today and become an essential part of the conversation.