Growing Investments in Cuban Tourism (PART III)

Havana, Jul 13 (Prensa Latina) The information on the investment process in Cuban tourism includes an increase in 2018 that will make the country be among the main Caribbean destinations.

The general director for development at the Cuban Ministry of Tourism (MINTUR), Jose Daniel Alonso, disclosed statistics that illustrate that growth in the leisure industry.

One of the examples of growth is in cruise tourism and the arrivals of holidaymakers in that modality.

Even in November 2018, he noted, there is a possibility that a new U.S. cruise line might join the others visiting Cuba, despite the restrictions imposed by U.S. President Donald Trump.

One of the basic ideas in that regard is that Havana becomes the Port of Call for that kind of travel, as happens with the ship MSC Opera.

Cuban authorities are also promoting nautical activities in ports run by Marina Darsena in Varadero and the marina in Santiago de Cuba. On July 27, a hotel will be inaugurated in the Segundo Frente region, a mountainous area near the city of Santiago de Cuba, to promote nature tourism.

Authorities are aware of the importance of the so-called Tarea Vida (Task Life), which is aimed at preserving the environment, as part of a plan in conjunction with the Ministry of Science, Technology and the Environment (CITMA), including the recovery and improvement of several beaches.

In that direction, sand has been poured in Varadero and Cayo Santa Maria to improve the ecological systems in those resorts.

The investment process also includes health tourism and the improvement of the quality of life, which will give a particular boost through partners in Turkey who are looking for places with thermal waters and the rescue of medicinal spas like Elguea, Lagos de Mayajigua and San Diego.

Cuban Minister of Tourism Manuel Marrero said that the country's hotels offer 69,041 rooms, including 63 percent in four- and five-star establishments and 74 percent by the beach.

Cuba has 110,415 workers in the tourism sector, 41.2 percent of whom are women and 48 percent are under 45 years of age.

Last year, the island received 4,689,896 foreign visitors, accounting for an increase of 11.6 percent, although in the eight first months of 2017, tourist arrivals rose 26 percent, but Hurricane Irma reduced the flow of holidaymakers in September.

The fastest-growing tourist-sending markets were the United States, Russia, Italy and France. Canada ranks in the first place with 1,134,225 vacationers, while Germany, Spain, France, Italy and the United Kingdom are recovering their positions as tourist-sending markets.

  • Published in Cuba

Growing Investments in Cuban Tourism (PART II)

Havana, Jul 12 (Prensa Latina) Cuba's investments in tourism are growing at present with a view to boosting the development of the travel industry, according to official reports.

The general director for development at the Cuban Ministry of Tourism (MINTUR), Jose Daniel Alonso, is enthusiastic in that regard and is optimistic about the growing spiral in that sector.

That important investment process will add 5,000 hotel rooms in 2019, totaling 9,500 rooms completed at the end of next year.

Among the examples presented by the official is the Packard Hotel, which is scheduled for completion in 2019 in Havana.

Another program in charge of MINTUR is the extra hotel sector, which is progressing more slowly, due to the impact of Hurricane Irma in September 2017, but it will have a similar importance for the country's tourist development.

That program covers the north coast of central Ciego de Avila province, Cayo Santa Maria and Varadero Beach, including improvements in the hotel rooms.

Alonso recalled that on September 15, 2017, all Cuban tourist destinations were operational despite the damage caused by Hurricane Irma.

The executive highlighted Santiago de Cuba as a region that attracts many holidaymakers, because it is closely linked to the country's history and culture.

Another region where investments are being made is Havana, which will turn 500 years on November 16, 2019, thus the importance of prioritizing the Cuban capital.

These projects are complemented by the development of real estate companies, as a result of which two joint ventures were set up in the Bellomonte region in Havana.

Two new joint ventures will start up operations in 2018, one of which works in Punta Colorada, in western Pinar del Rio province, where it carries out projects consisting of a marina and a tourist port in its second stage on the Guanahacabibes Peninsula.

El Salado Beach, relatively near Havana, benefits from a real estate project by the Spanish group Globalia and the company AirEuropa. Works are scheduled for completion in 2019.

In that regard, 95 management contracts have been signed with 21 companies, and MINTUR is seeking to attract more foreign high-rank firms like Switzerland's Kempinski, India's Mundo Hoteles, and other enterprises from countries like Singapore.

In total, Cuban authorities handle 140 opportunity projects in tourism in the hotel and extra hotel sectors and new projects. There are also 13 real estate plans, 11 of which have already been identified.

That investment process is based on an increase in foreign tourist arrivals in the country, which must be visited by 4.7 million holidaymakers this year, according to official estimates.

  • Published in Cuba

Italian PM Urges Nation’s Businesses to Invest in Cuba

HAVANA – Italian Prime Minister Matteo Renzi urged his country’s business owners and executives to invest in Cuba and ratified his government’s “renewed” commitment to building “strong” trade and cultural relations with the Caribbean island.

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