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
Suntine International-Economic Trading Company of China and Cuba’s Cubanacan hotel group are partners in a project to build a new Hemingway Hotel at the Hemingway Marina just west of Havana. The state-run Chinese investor will have a 49% ownership and will provide $150 million for the project. Cubanacan, with 51 percent ownership, is providing the … Read more
AccorHotels will begin construction this year on its forth hotel in Cuba, the Sofitel So La Habana. Eric Peyre, AccorHotel’s Cuba head, says the company’s expansion plans are in anticipation of a wave of American tourists. The French hotel company will partner with Cuban tourism group Gaviota to open the 218-room hotel in Havana in … Read more
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