Economy, Hotel Chains Withdraw
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Related Articles from SNS
As Trump Toughens Rules on Cuba’s Economy, Hotel Chains Withdraw
The Catedral in Havana is one of 15 hotels in Cuba run by the Spanish firm, Meliá.
As Trump Toughens Rules on Cuba’s Economy, Hotel Chains Withdraw
The Catedral in Havana is one of 15 hotels in Cuba run by the Spanish firm, Meliá.
Meliá and Iberostar leave Cuba: Trump's ultimatum limits Spanish hotel chains' options
Meliá said on Wednesday it will end operations at 15 Cuban hotels. Iberostar did the same on 1 June at 12 properties as both bow to US sanctions on Gaesa, the military group controlling tourism on the island. Meliá Hotels International has informed the CNMV on Wednesday of the immediate end to the management, marketing and use of its brands at 15 hotels in Cuba.
Meliá and Iberostar quit Cuba: Trump's ultimatum leaves Spanish hotel groups under pressure
Meliá announced Wednesday it is halting operations at 15 Cuban hotels. Iberostar did so on 1 June at 12 hotels, bowing to US sanctions on Gaesa, the military group controlling tourism. Meliá Hotels International has informed the National Securities Market Commission (CNMV) on Wednesday of the immediate halt to the management, marketing and use of its brands at 15 hotels in Cuba.