Sunday, March 20, 2016

Diplomacy: US hotel chain Starwood accepts luxury hotels in Havana – THE WORLD

In view of the political rapprochement between the US and Cuba, the US hotel chain Starwood, the acquisition of several luxury hotels in the Cuban capital Havana announced. As Starwood announced in the early hours of Sunday, the hotel “Inglaterra” and the hotel “Quinta Avenida” to be transformed in the course of the year. “Inglaterra” will then belong to the Starwood brand “Luxury Collection”, “Quinta Avenida” under the name “Four Points” to Sheraton brand.

The Agreement on the hotel takeover is the biggest business deal between a US company and the authorities in Cuba since the Cuban Revolution in 1959. at Starwood include Le Méridien, Sheraton and Westin. The company agreed with the Cuban authorities that it also takes over the hotel “Santa Isabel” in Havana. For this acquisition, the hotel group not yet received the approval of the US Treasury, which already exists in the case of the other two hotels.

US President Barack Obama gave Although known the end of 2014, the normalization of relations with Cuba, but the details depend on the republican dominated Congress. “The hotel sector in the US is very interested in Cuba,” Starwood Director Thomas Mangas explained. “We are very pleased to be the first.” Tourism is booming in Cuba. Last year, 3.5 million tourists were counted – 17 percent more than last year. Particularly spectacular the increase coincided with a growth of 77 percent to 161,000 in the US citizens from.

Obama is on Sunday afternoon (local time) on a historic visit expected in Cuba. It is the first trip of a sitting US president in the Caribbean neighbor for nearly 90 years. The three-day visit marked the pinnacle of convergence rate between the formerly warring countries.

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