Cuba’s Emerging Consumer Economy is Getting Attention

Cuba’s Emerging Consumer Economy is Getting Attention

Cuba’s transition to an economy driven by private sector employment is creating attractive opportunities for the emerging consumer base in the country’s population of 11 million people and GDP of $82 billion. The Boston Consulting Group (BCG) analyzed the country’s market for consumer goods and found that it will present a growing opportunity over the … Read more

Cuba Reaches Debt Agreement with More Bilateral Creditors

Cuba Reaches Debt Agreement with More Bilateral Creditors

Spain and Cuba signed an agreement earlier this month to restructure Cuban debt, according to the Spanish ministry of economy. The ministry noted that medium and long term debts owed by Cuba totals 2.44 billion euros (US$2.81 billion) by the end of last October, and none of these amounts have been repaid. The agreements between … Read more

How to Legally Travel to Cuba from the U.S. on Your Yacht

How to Legally Travel to Cuba from the U.S. on Your Yacht

It is no wonder why the US yachting community has fallen in love with Cuba. After all, Cuba’s coastline is 40% longer than Florida’s and is largely undeveloped and unspoiled. In response, Cuba is planning a major expansion of its marinas. In light of the expected increase in recreational arrivals to Cuba (in large part … Read more

Robert De Niro Visits Cuba

Robert De Niro Visits Cuba

Hollywood legend Robert De Niro became the latest newsmaker to visit Cuba this week. The actor’s trip got a wave of publicity following a visit to the landmark Havana restaurant La Guarida, which posted photos of De Niro’s visit to its Facebook page. And it wasn’t the only visit by De Niro to the restaurant … Read more

A New Custom Luxury Tour to Cuba

A New Custom Luxury Tour to Cuba

It’s increasingly clear that Cuba is a destination that appeals to the luxury demographic in the United States. And now there’s another new way to take an authorized luxury trip to the island. Luxury operator Ker & Downey is now offering customizable private people-to-people journeys to Cuba. The tours include a private car and driver, … Read more

Cuba Has Big Marina Plans

Cuba Has Big Marina Plans

Cuba is planning a major expansion of its marinas. In light of the expected increase in recreational arrivals to Cuba (in large part from the United States), the business group Boating and Marinas Marlin SA is promoting foreign investment proposals aimed at creating new facilities and expanding those in existence. According to Business Director Ramiro … Read more

Cuba Cup Inaugural Ocean Race Set For 2017

Cuba Cup Inaugural Ocean Race Set For 2017

The ocean race started in 1961 and has continually run every other year since. One of the oldest offshore races on the calendar, The Pineapple Cup – Montego Bay Race will be the 33rd edition of the venerable 811 nautical mile race. Immediately after the start, racers cross the Gulf Stream for the Northwest Providence Channel. The … Read more

Ashoka and Fathom Cruises Partner for Social Entrepreneurialism

Ashoka and Fathom Cruises Partner for Social Entrepreneurialism

Fathom, the pioneer in social impact travel, today announced that Ashoka, the largest network of social entrepreneurs worldwide, has developed select onboard programming for sailings to the Dominican Republic and Cuba. Together, Fathom and Ashoka have created a replicable travel experience that enables travelers to practice changemaking, and discover their own potential to create positive … Read more

A New Solar Park in Cuba

A New Solar Park in Cuba

The first photovoltaic solar park in the province of Sancti Spiritus has begun operations. The 2.5-hectare park is located in the area known as La Sierpe Vieja, and contains 525 solar panel modules for peak Megawatt production. According to engineer Jorge Armando Cepero, the project aims to raise the efficiency of electricity generation and distribution … Read more

What are the Security Risks of Resuming U.S. Commercial Air Service to Cuba?

What are the Security Risks of Resuming U.S. Commercial Air Service to Cuba?

The following is the statement of Paul Fujimura, Assistant Administrator and Larry Mizell, TSA Representative, Transportation Security Administration, U.S. Department of Homeland Security before the House Committee on Homeland Security, Transportation Security Subcommittee on Tuesday, May 17, 2016. Introduction Good afternoon, Chairman Katko, Ranking Member Rice, and distinguished Members of the Subcommittee.  Thank you for … Read more