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BREAKING NEWS | Gulf Air to cut staff, may sell planes
EUR | GBP Down 1.110 ,  USD | EUR Down 0.668 ,  USD | GBP Down 0.602

Qatar eyes multimillion dollar hotel in Cuba

Qatar and Cuba on Wednesday launched a joint $75 million project to create a five-star resort on the Caribbean island, officials said.

The gas-rich Gulf state is set to become the first Arab country to invest in Cuba's booming tourism sector, after representatives inked the deal in Havana.

The 450-room upscale hotel complex is to be built in the south of the island and is expected to be completed by 2015.

While Cuba already receives millions of visitors from Europe, Latin America and Canada each year, officials hope improving ties with the United States will soon spell an influx of American tourists.

U.S. citizens have effectively been barred from traveling to Cuba for nearly a half century.

In 2008 the communist island received 2.3 million tourists.


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AFP
User Comments
Lazarus
May 23, 2009 at 23:34
I don't dispute the double standard between the US and China trade as oppose to the Cuban communist Island, but take from a Cuban myself that Cuba does not want the Embargo removed. They use the embargo as a tool to suppress the 11 million inhabitants, if they where to believe their Marxist Communist ideologies then why do they live like royalties with their multiple mansions, the best wines, foods, luxury cars and billion dollar bank accounts. What happened to practice what you preach? What happened to equal distribution? My wife worked in a Cuban Hotel where she got paid the equivalent to 6 dollars a month while the government collected 1,000 dollars from the Spanish operated hotel. Believe me when I tell you if someday the embargo will be lifted, only the top Cuban officials will benefit and the government will come up with some other excuse for the supplies not to reach the average Cuban citizens.
Eric
May 08, 2009 at 07:08
Kevin, Cubans were tyrannised by the USA before the revolution only to be further tyrannised by the same oppressor with the spiteful and illegal embargo ever since. Cubans have shown enormous resolve and dignity for the last 50 years and taught the USA more about Human Rights (eg racial discrimination) than the USA has ever taught them.
david
May 08, 2009 at 01:28
I agree with john that its hypocritical to trade with China- a communist country and not Cuba. I disagree that capitalism is the problem. We are obviously threatened by socialism. Obama and the democratic congress through tax and spend policies are punishing hard workers and achievers and rewarding failure. Let George Soros and Sean Penn pay for all the social programs.

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