Cuba’s government said it is open to offering the management of its hotels to Cuban investors, both residents and those living abroad, following decisions by Spanish hotel chain Melia and other companies to withdraw or limit their operations on the island.
Meliá announced May 26 that it will cease operations at 15 of the 34 hotels it manages in Cuba after the U.S. announced new sanctions while upholding an energy embargo that has deepened an economic crisis on the island. Cuba’s government has blamed the U.S. blockade for prolonged blackouts, water shortages, supply problems, deficiencies in the healthcare system and disruptions in all aspects of daily life.
