BUSINESSAP NEWS
Spanish hotel chain Meliá is leaving Cuba because of legal and financial hurdles from US sanctions
Spanish hotel chain Meliá is closing its operations in Cuba due to U.S. sanctions, which have created legal and financial challenges. The decision follows new U.S. sanctions targeting Cuba’s Ministry of Tourism and GAESA, a sanctioned Cuban military-business conglomerate.
Mentioned
Related Signal
Adjacent reporting
- Spanish hotel chain Meliá is leaving Cuba because of legal and financial hurdles from US sanctions
- Spanish hotel chain Meliá is leaving Cuba because of legal and financial hurdles from US sanctions
- Spanish hotel chain Meliá to shutter hotels in Cuba in latest blow to island's tourism sector
- Spanish hotel chain Meliá to shutter hotels in Cuba in latest blow to island’s tourism sector
- Cuba's battered tourism sector takes another hit as Spain's Meliá shutters some hotels
- From Mastercard to Meliá: The companies leaving Cuba after Trump's executive order