Today, Meliá Hotels announced an important expansion plan in Cuba. The Spanish hotel company’s plans include new hotels in three regional cities with historic significance and colonial origins. Trinidad and Camagüey (two of the first seven villages built in Cuba between 1511 and 1515) and the French, neoclassical city of Cienfuegos, the Pearl of the … Read more
SAHIC Cuba’s event on May 15-16th, 2017 in Havana at the Melia Cohiba Hotel will be this year’s premier event for hotel, tourism and real estate development in Cuba. Attendees will learn about where the industry is and where it is heading, where the opportunities lie, how to meet the right people and build relationships … Read more
Cuba’s National Plan for Economic and Social Development, featured at the 7th Congress of the ruling Communist Party, plans to create at least 108,000 new tourist lodgings in the next 15 years or so. According to official sources in Cuba, Tourism Minister Manuel Marrero announced that the project has already picked the possible locations for … Read more
Marriott International announced today that the the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury has approved its application to pursue a business transaction in Cuba. And yesterday Starwood Hotels & Resorts Worldwide announced it has partnered with several Cuban entities to manage hotels in the island nation. Reports indicate … Read more
Marriott International, Inc. has announced it has received US approval to pursue a business transaction in Cuba. The company is in discussions to develop a hospitality relationship with potential partners. Yesterday, Starwood Hotels & Resorts Worldwide announced it has partnered with several Cuban entities to manage hotels in the island nation. Starwood’s deals, made possible … Read more
Starwood Hotels & Resorts Worldwide has partnered with several Cuban entities to manage hotels in the island nation. Starwood’s deals, made possible through what appears to be unique approval from the Obama administration, marks the first US hotelier to operate in Cuba since the 1959 revolution. The sites include: Hotel Inglaterra, owned by Gran Caribe, … Read more
Meliá Hotels International open its first Cuban hotel, the Sol Palmeras, more than a quarter of a century ago. Since its opening, Meliá has continued to develop hotels through a successful formula based on joint venture investments with the Cuban government. Today it is the largest foreign hotel operator in Cuba. Last year, at an … Read more
It is vital for Cuba develop its travel and tourism sector. The communist island nation is struggling with the decline and expected loss of much of the benefits it has received from its economic and ideological relationship with Venezuela. 25 years ago, Cuba almost collapsed when the Soviet Union folded and withdrew all its economic … Read more
Last week, the Obama administration announced two major hotel brands will seek to do business in Cuba. White House officials expressed hope these deals would come together before Mr. Obama arrives in Havana March 20. Marriott CEO Arne Sorenson, vice chair of the President’s Export Council, will travel to Cuba with Mr. Obama. “We are … Read more
According to reports by the Wall Street Journal, three major US corporations are preparing to complete deals to do business in Cuba. AT&T Inc., Starwood Hotels and Resorts Worldwide, Inc. and Marriott International are expected to announce agreements with Cuban government-run entities, according to company and U.S. officials. Earlier this week, in a letter to … Read more
