The United States and Cuba have come to an agreement to reestablish diplomatic relations and plan to reopen their respective embassies by next July 20. This news should accelerate the growth of tourism on the Caribbean island.
The news should have a strong impact in the tourist industry on the island of Fidel Castro, where growth has been steady since dialog between Washington and Havana was renewed. The latter had, in particular, led to a significant increase in tourist arrivals from the United States. The number of American visitors to the island grew by 36% between January 1 and May 9, 2015, with respect to the same period last year. According to a study by the economist José Luis Perello Cabrera, of the International Center for Tourism Research at the University of Havana, 51,458 people traveled to the country, versus 37,459 in the first months of 2014.
While renewed diplomatic relations between the two nations should significantly help Cuban tourism surpass 3 million visitors (total arrivals on the island in 2014), the difficult question of the American embargo on economic and financial transactions continues. Imposed on Cuba in 1962, it is regularly denounced by Havana as an obstacle to the island's economic development.
- American tourists arriving in Cuba in greater numbers
- Cuba's future in tourism attracts investors
- Cuba: at the dawn of a revolution, a look at a century of tourism
Already signed up? Already signed up? Already signed up? Already registered? Login!