Cuban challenge for hotels
Havana, Cuba – 10 May 2017 –
Cuba represents a “huge” but challenging opportunity for US hotel, cruise and airline companies as American visitors to the Caribbean island could increase as much as sevenfold by 2025, according to a report by the Boston Consulting Group.
As many as 2 million Americans could visit up from 285,000 last year, excluding Cuban Americans, the BCG study estimated.
Given tourism infrastructure is already creaking, that means there are business opportunities aplenty but US companies must learn to navigate a centrally-planned economy with its quirks, … Read More