Cuba to open hotel sector to management by Cubans at home and abroad after chains leave island
Cuba says the shift will let local investors and expatriates run properties as Meliá stops managing 15 of 34 hotels.
- On Friday, President Miguel Daz-Canel announced Cuba will open hotel management to residents and diaspora, stating "We are open to Cubans who want to invest and manage hotels."
- Melia is ceasing operations at 15 of the 34 hotels it manages in Cuba, while Canadian-owned Royalton and Spain's Iberostar have also limited operations following U.S. sanctions.
- President Donald Trump signed an executive order expanding sanctions targeting GAESA and its subsidiary Gaviota, citing threats to United States national security and freezing foreign company assets.
- Tourism in Cuba collapsed to 298,000 visitors in the first quarter this year, down from 573,300 during the same period last year, reflecting the sector's decline since its 2019 peak of 4.3 million.
- Canel called Trump and State Marco Rubio's policies "cynical," alleging the United States aims to "provoke a social explosion" to justify intervention in Cuba.
19 Articles
19 Articles
Associated Press News
Cuba to open hotel sector to management by Cubans at home and abroad after chains leave island
Cuba’s government says it is open to offering the management of the island's hotels to Cubans at home and abroad.
The president of Cuba, Miguel Díaz-Canel, assumes that there will be hotels on the island that will have to operate and ensures that they study different forms of business with Cubans who want to invest and manage them and people from other countries or entities that have no accounts or dependence on the United States, in an interview with the Spanish digital media elDiario.es.This Friday the deadline given by the United States government to for…
Shortly after the Meliá tourist group and other international companies limited their operations in the midst of an ultimatum by the United States, the island’s government said it was open to offering hotel management to Cuban investors who were resident or emigrated.
Following the departure of Meliá and Iberostar, Díaz-Canel says the regime is looking for "Cubans who want to invest in and manage hotels" and speaks of "contacts with people from other countries or entities that do not have accounts in the US."
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