How Bad Bunny’s Historic Puerto Rico Residency Will Boost the Island’s Economy & Image

This summer, Bad Bunny is set to transform Puerto Rico’s typically quieter season with a 30-show residency at the Coliseo de Puerto Rico José Miguel Agrelot (a.k.a. El Choli). Choosing not to tour globally, the Puerto Rican superstar will instead showcase his latest album, Debí Tirar Más Fotos, exclusively on his home turf from July 11 to Sept. 14. The extraordinary demand for tickets — with 400,000 selling within four hours, half to international tourists — confirms the residency’s global appeal and its potential to substantially enhance the island’s local economy during its sweltering summer months.

This residency concept represents a first for Puerto Rico. Although the Coliseo has hosted multiple back-to-back shows in the past, with artists such as Daddy Yankee and Wisin & Yandel performing on consecutive weekends, the scope and magnitude of Bunny’s residency has never been seen before. This series of 30 shows is unprecedented not only for the number of shows but also for the intensity of the preparation and the international anticipation it’s been generating.

On Jan. 5, Bunny released Debí Tirar, which reached No. 1 on multiple all-genre charts, including the Billboard 200 and Top Streaming Albums. Reflecting on this success, Benito told Billboard a few weeks after releasing the album, “Man, obviously I’m thankful with the way the world has embraced this album. The thing is, this project… it isn’t mine. It belongs to many people: everyone who worked with me, it belongs to Puerto Rico, my friends, my family. This project belongs to all of us who feel proud of being from Puerto Rico and being Latin.”

In anticipation of the residency, Alejandro Pabón, the Move Concerts promoter behind the residency, details the extensive preparations necessary to accommodate such an unprecedented influx of fans. “We’re expecting around 200,000 people from abroad visiting the island,” he says. “All the local businesses are going to be impacted. All the hotels are sold out. Today [Feb. 13], a local newspaper put out an article saying that for the residency dates, there’s a 70% surge on AirBnB.” While the volume of business will be overwhelming, Pabón mentions that the event’s organization relies on local labor, creating more job opportunities for Puerto Rican residents. “All the hotel staffing are going to have to level up because they’re expecting 100% capacity for those three months,” he says.

Preparing for the residency presents a complex challenge, introducing a level of scale and coordination previously unseen in Puerto Rico’s entertainment history. But it also promises to bring a raft of economic benefits to the island not typically seen during the summer season.

“Traditionally, July is the slowest month show-wise for the venue since forever. So we went and found the slowest period and booked it, which definitely is helping the economy,” says Pabón.

Travel and concierge expert Rob Dellibovi, who serves as founder/CEO of RDB Hospitality, elaborates on the strategic timing of the residency and its benefits to the local economy. “A time where it’s probably 30-40% occupancy, it’ll be like 90% because of all these shows,” he says. “The fact that they’re doing this in July and August is going to be a huge win for the island because nobody’s there at those times [due to the heat]. They’re not displacing any other kind of revenue; they’re just bringing people during the slow season to Puerto Rico.” 

Pabón notes that Puerto Rico is well-equipped for major events, boasting a “state-of-the-art arena,” abundant “natural resources, great restaurants, and a lot of hotels.” Unlike typical residencies in cities like Las Vegas that feature international artists, this local showcase will potentially alter perceptions of the island as a global tourist hotspot.

Building on this framework, Coliseo de Puerto Rico has established itself as a rite of passage to Latin pop superstars and beyond. Situated in the heart of San Juan’s Milla de Oro, the venue has held some of Latin music’s most important events of the 21st century. A sold-out Coliseo performance is an affirmation of star power.

El Coliseo is no stranger to record-breaking events. In 2021, Karol G made history by becoming the first international female artist to set the record for the fastest ticket sales at the venue with two sold-out dates. More than a decade earlier, on March 14, 2010, Metallica became the fastest-selling concert ever at the Coliseo, drawing a crowd of 17,286. However, Bad Bunny has already surpassed Metallica’s record twice: first in March 2019 and again in July 2022. In 2019, Daddy Yankee broke Wisin & Yandel’s record for the most consecutive sold-out shows at the venue with a total of 10 concerts as part of his Con Calma Pa’l Choli tour — a record Benito is now poised to break.

Jorge L. Pérez, the general manager of Coliseo de Puerto Rico, calls Bad Bunny’s upcoming residency a “historic event.” He tells Billboard that in August 2023, Pabón and Noah Assad, Bad Bunny’s manager, unveiled the concept of the residency to him. “I was blown away,” says Pérez, underscoring the complexity of keeping the plans under wraps. “When they started working the room blocks, I got calls from a lot of skeptical hoteliers. They were like, ‘Why are they asking for so many rooms?! What is happening?!’ I was like, ‘I can’t reveal that information, give them all the available inventory that you have. We have a signed contract at Coliseo. This is legit.’” 

With the months-long advance notice of 30 sold-out shows, Pérez says the planning becomes much more manageable. Helping matters, he says, is the fact that they are sourcing all concessions products locally, with the venue to feature a special menu highlighting local delicacies such as “alcapurrias and bacalaitos,” embracing Puerto Rican culinary traditions. 

“[This residency] will position Puerto Rico as a premier entertainment destination,” says Pérez. “It will open the eyes of visitors who have never come to Puerto Rico. It will create awareness of Puerto Rico as an entertainment and leisure destination.” 

Pérez says that growth has been evident in the post-COVID era, as the Coliseo has consistently ranked in the top 20 on Pollstar’s year-end list of highest ticket sales among arenas globally. On Billboard’s 2024 year-end list of Top Venues (15,001+ capacity), Coliseo de Puerto Rico was ranked No. 39, with a gross of $52.5 million and 750,000 tickets sold.

With the Bad Bunny residency and other scheduled events, Pérez says he expects to set a sales record at Coliseo, projecting total ticket sales between 1.3 and 1.4 million for the first time in a single year. He adds that the venue is on track to hold more than 100 events in a single year — another milestone. Because of Bunny’s residency, he says there’s potential for the Coliseo to place among the top five on Billboard’s year-end Top Venues chart. At a minimum, projections show 2025 sales increasing by 73% from last year.

While the venue has hosted residencies before, such as Daddy Yankee with 12 shows in 2019 and Wisin & Yandel with 14 in 2022, this is the first time the Coliseo has accommodated a residency of this magnitude, says Pérez. “The uniqueness about this is a call made by the artist, saying, ‘I released a new album that’s at the top of the charts globally, and I am not going on tour. If you want to see these concerts, you have to come to my island.’ I believe that this call is what makes this residency very special — and the impact it will have on the island’s economy,” he says.

“They’re digging into what the whole Vegas set up is,” says Dellibovi, describing the economic strategy behind such events. “The casinos know that if they have a huge act like Adele, Céline Dion or whoever is doing a residency…people are going to fly in for it — and the casino itself is going to make a ton of money.”

Of the potential ripple effects the Bunny residency might have on the global entertainment scene, Dellibovi hints that it could spawn a new potential trend. “Is Andrea Bocelli going to do an Italian residency? I have no idea,” he says. “I just think it’s super cool that this is going to spark a whole new residency game, in my opinion, where people are going to go to all these places to see the artist in their homeland. Every international artist from any country is going to be like, ‘Oh s—, I’m going to go back to wherever I’m from and have a month of shows and make a lot of money.’ Those cities are going to want it because there are slow seasons. They need it. Everyone’s going to want to support this.” 

Echoing this sentiment, Pabón emphasizes the significance of cultural representation and local benefit: “Who wouldn’t want to showcase their hometown or contribute to it in a positive way? It’s not just going to be the Sphere or the MGM [Grand in Las Vegas] doing residences.”

Traveling to Puerto Rico is particularly convenient for Americans, as only a driver’s license is required for entry. Given this ease of access, Puerto Rico is well-positioned to outpace other popular Caribbean destinations such as Mexico and the Dominican Republic in attracting American tourists, Dellibovi points out. 

“This is a big trip for people. That’s a party weekend,” he says. “Make sure you’re stocked and make sure your vibe is right. Make sure that you’re ready to deal with a crowd that’s there to have fun. This is not your typical beach crowd. This is going to be people who are in town to party.”

With more than 1.1 million Puerto Ricans residing in the New York metropolitan area, accounting for 6.7% of New York City’s population in 2020, according to the New York Academy of Sciences, the city not only serves as a significant cultural epicenter for the Puerto Rican diaspora but also stands as a primary source of attendees for major events in Puerto Rico. He expects that will be the case here as well.

“New York is the number one [demographic] of people that are going to come visit,” Pabón says. “I’m definitely expecting a lot of second and third-generation Puerto Ricans to come back home. I know that for a lot of them it is going to be the first time that they’ll come visit, because not all of them have had the chance to be here. I know it’s going to be a special [destination] that’s going to let them connect with their island. It was the artist’s idea to create this synergy between them and their island.”

According to the Puerto Rico Report, there are about 5.8 million Puerto Ricans living in the United States, compared with 3.2 million on the Island.

“This is like a pilgrimage, a Hajj for Puerto Ricans,” echoes Dellibovi. “If you’re Puerto Rican, and you love Bad Bunny, who’s not going to want to go to the homeland and see him? It’s the coolest experience ever for actual Puerto Ricans [living abroad].’ He continues, “Bad Bunny is the biggest Latin artist in the world. He is the only Latin artist who can sell out a stadium in any city in the world. He can go to Sweden, Tokyo, Sydney, anywhere. It’s very rare for a Latin artist to be able to do that.”

Pabón emphasizes the deeper motivation behind the residency, reflecting a sentiment shared by his team: “We’re doing this not just for business, that’s secondary. This is done for our country, for our identity, because we really love Puerto Rico. The artist really loves it. Noah really loves it, and all the team. It’s personal. We’re all really excited and happy about this.”

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