Spanish Hotel Chain Meliá Is Leaving Cuba because of Legal and Financial Hurdles From US Sanctions
The chain said U.S. sanctions on Cuba’s tourism ministry and GAESA made its hotel operations legally and financially untenable, after arrivals fell 48%.
- On Tuesday, Spanish hotel chain Meliá announced it will completely shutter its operations in Cuba, ending decades of presence on the island following new United States sanctions.
- New United States measures announced July 13 blacklisted Cuba's Ministry of Tourism, the business partner of more than a dozen hotels Meliá still operated, compounding earlier suspensions involving military-linked GAESA.
- Meliá once operated 34 five-star hotels across the island, serving as a symbolic brand since tourism reopened more than 35 years ago following the Soviet Union's collapse.
- Tourism arrivals in the Caribbean dropped 48% to 298,000 this year, while daily blackouts lasting more than 20 hours and medicine shortages compound the economic crisis.
- Paolo Spadoni, an associate professor at Augusta University in Georgia, told The Associated Press that United States policies are "methodically and systematically closing every source of foreign currency for the Cuban government.
29 Articles
29 Articles
A new blow for Cuban tourism. The Spanish hotel group Meliá announced that it would end all its activities in Cuba from Friday 24 July, in the face of the "important difficulties" to operate on the island, under the growing pressure of the United States. A decision that ended more than three decades of the Spanish group's presence in the country.
It was the first international chain to arrive on the island. And the largest with 34 hotels and more than 14,000 rooms. More information: Iberostar stops operating twelve hotels in Cuba due to the threat of US sanctions
Associated Press News
Spanish hotel chain Meliá is leaving Cuba because of legal and financial hurdles from US sanctions
Meliá, a major Spanish hotel chain, says it will completely shutter its operations in Cuba because of operational and financial difficulties on the Caribbean island nation linked to U.S. sanctions and an energy blockade.
Spanish hotel chain Meliá leaving Cuba over legal, financial hurdles from sanctions
Meliá, a major Spanish hotel chain, says it will completely shutter its operations in Cuba because of operational and financial difficulties on the Caribbean island nation linked to U.S. sanctions and an energy blockade
Meliá will leave Cuba on Friday 24 July after a 36-year-old journey in which it managed to gain control of the island. There are more than three decades in which the Balearic language has been almost everything for the tourist business of the Castro state. Because the history of the opening of the Caribbean island to the international visitor cannot be understood without the existence of the hotelier of the Escarrer family, who started with a ho…
By Gonzalo Zegarra and Pau Mosquera, CNN en Español The Spanish chain of Meliá hotels announced this Tuesday that it will cease all operations in Cuba due to the “persistent difficulties” that “imply guarantee minimum conditions of stability” for the activities on the island. The subsidiary of the chain in Portugal, Ilha Bela Gestao and Tourism, decided to conclude the provision of services in the 34 hotels in Cuba starting on Friday, July 24, a…
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