Cuba Intercontinental Hotel
The InterContinental Hotels Group (IHG) has pursued an asset light business strategy that enables it to grow its business while achieving high returns on invested capital. Over the past two years, L & R has expanded its real estate holdings in Cuba to more than 6,500 rooms, and in late 2015, L & R also acquired a resort in Cuba and said it plans to invest up to $500 million in the development.
The deal has drawn criticism because the hotel is owned by Gaviota, a company linked to the Cuban military. Fidel Castro closed the casino and nationalized it on March 20, 1960, and the collapse of the USSR forced his Communist Party to reopen Cuba to tourists.
Bengis summarized the changes Cuba needs to become a major tourist destination: "Interest has soared after President Obama said in his speech that he wants to restart relations with Cuba. Obama has gone as far as he can with an executive order, and the changes he announced to Cuba's asset management rules, which took effect in mid-January, included a travel ban - related transactions with specific licenses previously required by the US State Department and the International Monetary Fund.
It is illegal for US citizens to travel to Cuba for tourist purposes, including to third countries such as Mexico and Canada, and it remains illegal to set up a tour operator, even for Americans who want to explore Cuba. Anyone can travel to Cuba as long as their trip falls under one of the 12 categories allowed by the US government. Most go to seaside resorts, where European hotel chains that work with Cuban government hotels are building new hotels.
Natural Habitat, an adventure travel company that has been bringing its first people to Cuba since February, is taking a different approach, however, taking its travelers on a first-of-its-kind tour of the island.
The resort offers branded bicycles and vintage Vespas that guests can rent while exploring the island. The new Sheraton Four Points Havana is the first European brand hotel in Cuba and the only one of its kind in the country.
The Nacional Hotel is based on two Greek crosses, most of which have ocean views. InterContinental Hotels Group PLC brands include the Sheraton Four Points Havana, Grand Hotel Havana and Gran Caribe in Havana. Both hotels are under the Habaguanex brand - owned by the Hotel Four Points brand, while the hotel itself was rebranded as a four-point hotel by the Sheraton Havana in Cuba on June 27, 2016.
As you leave the airport in Havana, Cuba, the first thing you see is a parked car from the 1950s, with a billboard behind it with Che Guevara's bearded face. The first two hotels operated by InterContinental were the Grand Hotel Havana and the Nacional Hotel, both in the city of Havana. Both hotels opened in 1968, with the hotel operating under the brand name of Hotel Four Points Havana in Cuba (which was Cuba's first four-point hotel brand at the time). The hotel, which is wholly owned by the Habaguanex subsidiary, has been in operation since 1970.
You can travel around Cuba in an air-conditioned bus or stay for a week or two, or even a few days, at the Hotel Nacional de Cuba, where you have free parking.
Cuba Travel Services recently announced a new partnership with JetBlue, one of the largest airlines in the United States. The company will now work with JetBlue to offer flights to Cuba for New York - for travelers looking to depart closer to the weekend. They connect Santo Domingo with Havana during the week (Monday to Thursday) and arrange daily flights between the two cities. Cuba, including Havana, Cienfuegos, Santiago de Cuba and the Dominican Republic, but soon they will also open up other Cuban destinations, the Dominican Republic. The company has operated flights from Miami, Miami-Dade County and Miami International Airport.
The rooms are charming, but the hot water doesn't always work and the country needs a better run hotel. Cuba is one of the most beautiful countries in the world and a great place to travel - but not for the faint of heart.
In December 1946, the infamous Mafia Summit, led by Lucky Luciano and Meyer Lansky, was held in the hotel, attended by Fidel Castro, Fidel's brother-in-law - in law - and other members of the Mafia. Early on, his shares in the hotel would sell in May 1957, but other investors would lose everything when Castro came to power. Now the US government has decided not to renew Marriott's license to do business in Cuba, telling the hotel company that it will expire on August 31, 2020. Sachl said the Treasury Department has told Marriott it must stop operating in Cuba by August 31, otherwise it will not be allowed to operate any other hotels on the island as planned.