Cuba bets on tourism as Trump restrictions take hold - News Summed Up

Cuba bets on tourism as Trump restrictions take hold


In government meetings and propaganda, it has now set a goal of drawing 5 million tourists in 2019 — perhaps the modern-day equivalent of its Soviet-era dependence on the annual sugar-harvest production. The U.S. has also prohibited Americans from patronizing a series of hotels and other facilities run by the military conglomerate that controls many of the most important sectors of the Cuban economy. In 1996, Cuba had 30,000 state-owned hotel rooms and about a million tourists a year. In total, Cuba drew 4.7 million tourists in 2018, a 1.3% rise over the previous year that puts its latest goal of 5 million within reach. Cuba is currently trying to revive businesses ranging from agriculture to textiles by turning them into part of the supply chain for the tourism business.


Source: Fox News May 17, 2019 18:00 UTC



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