Spanish hotel chain Melia exits Cuba over economic and geopolitical strains
Spanish hotel chain Melia has announced its immediate exit from managing 15 hotels in Cuba due to deteriorating economic and geopolitical conditions. The decision follows increased pressure from the U.S. government, which has imposed tighter sanctions on the island. Melia, a significant player in Cuba's tourism sector since 1990, cited unforeseen circumstances affecting the viability of its operations as the reason for its withdrawal.
- ▪Melia will stop managing, marketing, and providing brand services for 15 hotels in Cuba.
- ▪The decision is attributed to worsening geopolitical, legal, and economic conditions on the island.
- ▪Most of the hotels were already closed or inactive due to power shortages and declining tourism demand.
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Spanish hotel chain Melia exits Cuba over economic and geopolitical strainsSign up now: Get ST's newsletters delivered to your inboxFILE PHOTO: Spain's Melia hotel and resort chain logo is on display at Hotel Melia Bilbao, in Bilbao, Spain, May 8, 2024. REUTERS/Vincent West/File PhotoPublished Jun 03, 2026, 04:55 PMUpdated Jun 03, 2026, 04:55 PMMADRID, June 3 - Spanish hotel group Melia said on Wednesday it would immediately stop managing, marketing and providing brand services for 15 hotels in Cuba, pointing to the island's worsening geopolitical, legal and economic conditions.The move comes as U.S.
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