Melia Pulls Brands From 15 Cuba Hotels Under US Sanctions Threat

CUBA · BUSINESS Key Facts —The exit: Spain’s Meliá Hotels International said it will immediately stop managing and branding 15 of its Cuba hotels. —The trigger: A US Treasury deadline of June 5 to cut ties with GAESA, the Cuban military’s tourism conglomerate, or face secondary sanctions. —Not alone: Iberostar exited 12 hotels on June […] The post Melia Pulls Brands From 15 Cuba Hotels Under US Sanctions Threat appeared first on The Rio Times .