Thursday, November 20, 2014

Is Cuba Going to Open Up Soon?

     From the STR headquarters outside of Nashville, Tennessee, they currently gather performance data from over 50,000 hotels located in more than 160 countries.  These properties use STR products, such as the STAR Report or Hotel Survey, to benchmark their hotel’s performance versus a competitive set or market segment and hotel reviews.
"Among the countries in the region, Mexico reported the largest number of rooms In Construction with 7,957 rooms. Three other countries reported more than 500 rooms In Construction: Bahamas (2,681 rooms); Cuba (1,176 rooms); and the Dominican Republic (715 rooms). "
     In Cuba, there is a huge new hotel being developed by the Spanish Developer Melia Hotels International.  This new property accounts for the entire 1176 rooms being developed in Cuba.
Cayo Coco
     "About the new resort in Cayo Coco, it is expected to be finished by sometime next year, it was revealed that the first phase should be completed in November 2014 and once the whole hotel complex is finished it will become the key’s largest hotel. With a total of 1,176 rooms found along 25, three-story bungalows, they will offer garden views, pool views and ocean views as well as luxury amenities and facilities."
     This property along with the very recently  opened 
Marina Melia Veradero
gem on the island, the lavishly luxurious, five-star Marina Melia Varadero, which opened in summer last year give the beautiful northern beaches of Cuba some spectacular hotels to draw more and more tourists from all over the world.
     It makes me wonder with this much money being spent to develop five-star resorts is someone knows that the opening of Cuba and the lifting of the embargo might be closer that some have thought.