Large European Hotel groups such as Sol, Melia and Accord have built numerous
hotels at the main tourist resorts on the island. Investments in this
sector are secured by creating a Joint Venture company know as a "sociedad
mixta" in which both the Cuban partner group and the foreign investment
group divide the share ownership. The final company owns the land, the
building, etc. It is common for the company to hold a 25 year management
agreement on the properties, especially at ocean front locations.
This sector is generally divided into this categories:
Many existing Hotels and
Properties, in prime locations, have been refurbished via a
joint venture scenario with Cuban Hotel companies. Depending
on the structural integrity of the donor building, this route
can be both quick and easy, allowing almost immediate returns
We offer various lists of
properties available for this type of investment and also marketing
agreements with travel agencies worldwide should marketing of
the resulting property be a necessity.
With an abundance of land
in prime locations and the exponential growth in tourism, larger
hotels require new construction. This is often the case in locations
such as Cayo Largo, Cayo Coco and Varadero which, jointly receive
the bulk of national tourism to the island via there new International
airport terminals and increased local infrastructure.
We provide market analysis,
travel projections, land searches and feasibility studies for
this type of project.
Ecotourism is becoming very
popular on the island and, small all inclusive villages are
being built in remote but beautiful areas of the island. These
projects tend to be Caribbean Cabin based properties offering
all amenities while providing luxurious accommodations.
As agents of Canada's oldest
and largest Wooden home manufacturer, we are excellently situated
to assist in every aspect of this type of project. See www.cuba-ecotourism.com
for further details of the areas in expansion.
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