Spanish hotel chain Melia to shutter hotels in Cuba in latest blow to island's tourism sector

Spanish hotel chain Melia has joined a growing list of companies with a long-standing presence in Cuba that are withdrawing or limiting their operations on the island after the U.S. announced new sanctions while upholding an oil embargo.
Spanish hotel chain Melia to shutter hotels in Cuba in latest blow to island's tourism sector

Spanish hotel chain Melia to shutter hotels in Cuba in latest blow to island’s tourism sector Spanish hotel chain Melia is reducing its operations in Cuba. This decision aligns with other companies present in the country that are also withdrawing or limiting their activities. The move comes in response to new U.S. sanctions and the continuation of an oil embargo.

  • Melia Hotels, a Spanish company, is limiting its operations in Cuba.
  • This action follows new U.S. sanctions against the island.
  • An existing oil embargo on Cuba is also a factor.
  • Other companies with a long-standing presence in Cuba are also withdrawing or limiting operations.
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