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Posted

A little news article.

I did have a chuckle. The only hotel operations that make money in Cuba are those that package deals out of Cuba (and hence keep their money nowhere near Cuba).

Hotel margins are pretty tight world wide. The Cuban workforce is notoriously "inventive".....through necessity....and onsite operational hotel margins in Cuba reflect the environment. No major hotel in Cuba that I know of makes an operational profit.

Cuban JV partnerships have been a great way to lose money or worse wink2.gif

http://www.voanews.com/content/reu-us-hotel-chains-cuba/2992182.html

Posted

Good article, on point. I will not be visiting anytime soon. The people of Cuba want us there, but the government, for the most part, says otherwise..

Sent from my iPhone using Tapatalk

Posted

I wonder if Hilton will make a claim on the Hotel Libre? However, from what I understand, that hotel was owned by the Cuban Catering Workers Union prior to the revolution and just managed by Hilton.

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