Local Economy News - News and Information for Local Economy by PVDN

Nayarit’s investment forum opens October 15 at Vidanta. The agenda features tourism and industry projects, with funding and local jobs in focus.

Puerto Vallarta restaurants report weak sales and temporary closures as Canirac points to improving hotel bookings for the winter season.

Canirac says Puerto Vallarta restaurant sales fell 20% to 30% this summer as fewer diners and weaker international traffic weighed on business.

A public forum at La Catrina Cantina will weigh business closures, weaker airport traffic and short-term rental demand in Puerto Vallarta.

At least 35 businesses have closed in Centro and the Romantic Zone since late May as weak tourism, high rents and water outages add pressure.

A municipal market at La Isla Shopping Village brought 19 local entrepreneurs from priority groups together to sell crafts, food, and other products.

At least 12 Vallarta restaurants have paused or ended operations as business runs 20% to 25% below normal during a wider tourism slowdown.

Most Puerto Vallarta restaurants missed the expected World Cup sales boost as airport traffic fell and summer demand stayed uneven.

Puerto Vallarta bars saw only moderate crowds for the World Cup final, showing how closely tournament spending followed Mexico’s run.