Spanish hotel chain ceases Cuba operations under US sanctions pressure
Spanish hotel chain Meliá group is shutting down all 34 of its operations in Cuba by the end of the week due to intensifying US sanctions under the Trump administration. The company stated that the sanctions make it impossible to maintain basic operational stability on the island. This move reflects the growing economic pressure on foreign businesses operating in Cuba as Washington tightens its embargo policies.
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Spanish hotel chain ceases operations in Cuba under pressure from Washington
Spanish hotel chain Meliá group is shutting down all 34 of its operations in Cuba by the end of the week due to intensifying US sanctions under the Trump administration. The company stated that the sanctions make it impossible to maintain basic operational stability on the island. This move reflects the growing economic pressure on foreign businesses operating in Cuba as Washington tightens its embargo policies.
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