How Are US Hotels Going to Operate in Cuba?

How Are US Hotels Going to Operate in Cuba?

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

Starwood is First US Hotel Operator in Cuba in 57 Years

Starwood is First US Hotel Operator in Cuba in 57 Years

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