As a result of President Obamas historic visit to Cuba, the U.S. business community is hoping to see major breakthroughs for investment on the island.
Caribbean Travel Marketplace, the region's largest marketing forum, will return to The Bahamas for the second consecutive year when the Caribbean Hotel and Tourism Association (CHTA) stages the event from Jan. 31 - Feb. 2, 2017 at Atlantis, Paradise Island.
STRs March 2016 Pipeline Report shows 30,716 rooms in 182 hotels Under Contract in the Caribbean/Mexico region. The total represents a 5.1% increase in rooms Under Contract compared with March 2015 and a 32.0% year-over-year increase in rooms In Construction.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) on Saturday signed three new hotel deals in Cuba, marking the first U.S. based hospitality company to enter the market in nearly 60 years. This announcement follows receipt of authorization from the U.S. Treasury Department for Starwood to operate hotels in Cuba.
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