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Latin Times
Latin Times
World
Alicia Civita

Cuba Staring Down Major Economic Crisis As Tourism to Island Drops Nearly Fifty Percent

For decades, Cuba's tourism industry has been the pride of its economy, a "locomotive" driving growth and opportunity. But the gleaming image of bustling beaches, vibrant city streets, and historic landmarks is fading as the island faces a staggering downturn.

A recent report from the think tank Cuba Siglo 21 paints a grim picture of a sector in freefall, despite the government pouring over $24 billion into tourism development over the last 15 years.

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