Meliá Reports Strong Cuba Business in 2016, Projects Positive 2017

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

Reports Suggest Market Resistance to Havana Room Rate Increases

Reports Suggest Market Resistance to Havana Room Rate Increases

According to Integra Realty Resources’ (IRR) analysis in “Caribbean Market Update, 2016 Mid-Year Report” slightly over 30 million stopover visitors will visit the Caribbean in 2016 (including Cancun, Cozumel and Belize). Their data indicate average growth in tourist stopover arrivals to the (23 of 30) reporting markets in the Caribbean region (excluding Belize, Cancun and … Read more

This Company Has 27 Hotels in Cuba. And It’s Expanding.

This Company Has 27 Hotels in Cuba. And It’s Expanding.

A conversation with Melia Hotels on Cuba By Alexander Britell How will the recent US-Cuba rapprochement change tourism in Cuba? And what does it mean for the hotel companies that are already operating in Cuba? To answer these questions, Cuba Journal caught up with Francisco Camps, the subdirector general of Spain’s Melia Hotels International, which … Read more