
The Minister of Tourism of the island in the Caribbean announced its intention to develop 85,000 rooms over the next five years, and 110,000 by the year 2030.
Cuba's hotelscape currently consists of 63,000 rooms belonging to the public sector and some 12,000 more that are owned privately by licensees of different hotel brands. Mintur has thus implemented a growth plan to reach these goals, with particular focus on major cities in the country. Havana, for example, has an insufficient capacity with slightly more than 9,600 rooms to accommodate 27,000 guests.
Aware of tourism's potential for the Caribbean island, investors have already shown their interest in the destination and several hotel groups are eying it carefully. Tourism arrivals in Cuba increase constantly. On the first seven months of the year 2015, close to two million visitors traveled to the country for 16% more than during the same period the previous year. With these results, 2015 should be an excellent year for the sector which will benefit from improved diplomatic relations with the United States and Pope Francis's visit at the end of the year.
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