Tag: Cuba tourism

• Tuesday, November 6th 2018 - 08:58 UTC

  Cuban economy again on the downturn; austerity measures to continue into 2019

  

  Communist-run Cuba’s economic growth will come in at around 1% this year, compared with the 2% previously forecast, due to a fall in exports and tourism revenue, state-run media reported over the weekend. The Caribbean island’s gross domestic product grew 1.8% last year and 0.5% in 2016.

• Monday, May 2nd 2016 - 08:39 UTC

  “Adonia”, the first US cruise vessel in fifty years to dock in Havana on Monday

  

  The first US cruise ship bound for Cuba in half a century set sail from Florida on Sunday, marking a new milestone in the rapprochement between Washington and Havana. The Adonia, a vessel from the Carnival cruise's Fathom line, raised its anchors and departed from Miami, the heart of the Cuban diaspora in the United States, around 4:00 pm.

• Tuesday, December 15th 2015 - 07:41 UTC

  Moody's raises Cuba's rating to positive as it moves away from Venezuela dependence and is closer to US

  

  International ratings agency Moody’s Investors Service has moved Cuba’s economic from stable to positive, citing its lessening dependence on Venezuela and the possibility of more improved relations with the United States.

• Saturday, May 9th 2015 - 08:37 UTC

  Tourism boom in Cuba: Europeans want to enjoy the island “before the Americans arrive”

  

  The Cuban government says it has prepared for a surge in tourist arrivals with an airport expansion plan and new luxury hotels under construction in Havana and popular beach resorts like Varadero. But according to tour operators, it is already getting difficult to find available hotel rooms or reserve tables at popular restaurants, especially during the high season.

• Monday, March 30th 2015 - 06:20 UTC

  Cruise lines are preparing for the Cuban rush of US tourists

  

  Although U.S. tourists are still technically banned from visiting the Caribbean country, one of the world's last remaining authoritarian regimes, the process of normalizing relations between the U.S. and Cuba has the cruise industry ready to pounce, according to Maritime Link.