Meliá Reports Strong Cuba Business in 2016, Projects Positive 2017
According to company reports, Meliá’s 2016 performance results in Cuba improved thanks to a 10.3% improvement in RevPAR, largely attributable to improved rates (+17.1%), especially in Santiago de Cuba and Havana. Meliá Hotels International SA specifically cited: the start of the normalization of relations between Cuba and the U.S.., the arrival from the 4th quarter … Read more