At VIFreepBreaking NewsBusiness NewsCaribbean NewsTourism News

China Will Build 108,000 New Hotel Rooms For Largest Tourist Facility In The Caribbean … In Cuba


HAVANA – Cuba will sign a contract for the creation of a joint venture this year directed at the development of a golf complex in the province of Pinar del Rio that will be upon completion one of the largest in Latin America and the Caribbean.

Yuslenia Saumell, business specialist at the tourism ministry, said that before the end of the year they will iron out the proposal with the Spanish company that will execute the works alongside its Cuban counterpart in the Punta Colorada project.

She also said that a similar project in El Salado, which is part of the Mariel Special Development Zone, is also in its final approval stage.

Created with the Chinese Beijing Enterprises Holdings Limited company and the British Essence Hotels and Resorts, there are currently two joint firms for the construction of the site associated with golf courses in Bello Monte in Havana and in Varadero resort.

During the International Seminar of Tourism Journalists underway in Havana, with the participation of reporters from 12 countries, the Cuban specialist explained that until now there are over 60 foreign investment projects under negotiation.

Saumell added that new hotel management contracts are expected to be signed his month with Spain and Canada.

She added that there are talks underway with other markets like the United Arab Emirates and China that are interested in exploring investment opportunities in Cuba’s tourism industry.

Among the recent events, she highlighted the signing of two contracts with the U.S. Starwood group belonging to the Marriott hotel chain for the management of the Inglaterra and Quinta Avenida Hotels, both in Havana.

The Cuban tourism ministry has a portfolio that includes 127 projects, of which 25 are for the construction of hotels, 97 for hotel management, with or without foreign financing, and five dedicated to marinas.

There is a program for the construction of 108,000 new rooms, of which 30,000 will be financed with foreign capital from now to 2030.

The foreign investment law was reformed and the business opportunities for tourism were expanded. Tourism is one of the most dynamic sectors in the country and the second source of hard currency for the economy.

The seminar, which concludes today, promotes exchanges among over 50 professionals from Cuba, United States, Chile, Colombia, Argentina, Ecuador, Nicaragua, Panama, El Salvador, Uruguay, Peru, Dominican Republic and, for the first time, Russia.

Previous post

It's Time To Set The Last American Colony Free ... Or Make It The 51st State

Next post

Police Report Shots Fired Near Candido Guadalupe; Vehicle Found With Windshield Shattered

The Author

John McCarthy

John McCarthy

John McCarthy is primarily known for his investigative reporting on the U.S. Virgin Islands. A series of reports beginning in the 1990's revealed that there was everything from coliform bacteria to Cryptosporidium in locally-bottled St. Croix drinking water, according to a then-unpublished University of the Virgin Islands sampling. Another report, following Hurricane Hugo in 1989, cited a Federal Emergency Management Agency (FEMA) confidential overview that said that over 40 percent of the U.S. Virgin Islands public lives below the poverty line. The Virgin Islands Free Press is the only Caribbean news source to regularly incorporate the findings of U.S. Freedom of Information Act requests. John's articles have appeared in the BVI Beacon, St. Croix Avis, San Juan Star and Virgin Islands Daily News. He is the former news director of WSVI-TV Channel 8 on St. Croix.

1 Comment

  1. June 25, 2016 at 12:40 PM — Reply

    I commend the Cuban government for their dynamism in promoting their tourism products. It was a long time in coming, better late than never, goes the saying. I wish the best of successes.

Leave a reply

Your email address will not be published. Required fields are marked *