"Feel This Moment" was written by the artists alongside Chantal Kreviazuk and producers Nasri Atweh, Adam Messinger, Sir Nolan, and DJ Buddha.

"Feel This Moment" received generally favorable reviews from music critics, who praised Aguilera's appearance and the "Take On Me" interpolation used on the song.

"Feel This Moment" was a commercial success, peaking at number eight on the US Billboard Hot 100 and was certified quadruple platinum in October 2020.

Outside of the United States, "Feel This Moment" peaked at number one in Bulgaria, Chile, The Czech Republic, and Spain, and within the top ten of the charts in twenty-two additional countries.

On October 16, 2012, Pitbull's official website gave a list of possible collaborators who were expected to appear on the album, with Christina Aguilera being one of them.

[5] Pitbull spoke about the collaboration with Aguilera in an interview, stating:[6] "'Feel This Moment' is a special record, and to work with Christina Aguilera is an honor, a blessing, someone that I highly respected, as far as her talent, her voice, her range that she can take it, and I think 'Feel This Moment' is gonna be a great record, because it's got a very powerful sample and everybody's gonna dance too.

"[4] Pitbull makes reference to E.L. James's best-selling erotic novel, 50 Shades of Grey, when he raps, "She read books, especially about red rooms and tie-ups.

"[9] Entertainment Weekly's journalist Ray Rahman thought that "Feel This Moment" was "the best song on the album," writing that "it whisks a 'Take On Me' sample to places it's never been before.

[13] Mikael Wood of Los Angeles Times wrote that "it turns A-ha's '80s synth-pop curio 'Take On Me' into the stuff of a Las Vegas bachelorette bash.

"[14] Jeremy Thomas of 411 Mania praised Aguilera's appearance, writing that she "adds some musical substance to Pitbull's style and makes for a track that, if not necessarily good, at least is very listenable.

"[10] Rick Florino of Artistdirect also praised her part, writing that "Aguilera delivers a shimmering refrain as Pitbull's flow drives the verses smoothly.

"[17] Julianne Escobedo Shepherd of Spin wrote a mixed review, stating that "the Christina Aguilera collab should be a major crossover situation — she chips in a slightly cheesy, Selena-alluding diva vocal combined with Miami-worthy sub-bass, but a-ha's 'Take On Me' hook played on a handsy techno synth overrides both vocalists.

[29] On March 17, 2013, the song peaked at number six and stayed there for two weeks, becoming Pitbull's tenth top-ten hit in Australia and Aguilera's 17th.

[29] Due to the chart success, the single was certified platinum by the Australian Recording Industry Association (ARIA) thanks to the digital sales of 70,000 copies.

[31] Before release as an official single, "Feel This Moment" debuted on the Billboard Bubbling Under Hot 100 at number 24 due to strong airplay and streaming.

In the video, the tour hit several big cities including Paris, Rio de Janeiro, New York, Los Angeles and Miami.

Rap-Up wrote, "Mr. Worldwide [Pitbull] reflects on his journey to the top, performing shows across the globe, while the pop diva looks gorgeous as she vamps for the camera in the black-and-white clip.

"[42] Pitbull and Aguilera first performed "Feel This Moment" on November 18, 2012, at the 2012 American Music Awards ceremony with a medley of the song "Don't Stop the Party.