The American government’s relaxation of its 56-year embargo against Cuba and the inauguration of direct flights from China has triggered a race to invest in the island’s tourist infrastructure [...]
There are reports that China’s Suntime International Economic Trading Company will go ahead with a luxury hotel in Havana, in a joint venture Cuba’s state tourism agency, Cubanacán. The size of the hotel is reported variously at 600 to 650 rooms, with Suntime investing up to $150m — Global Construction Review
While diplomatic relations between Cuba and the US have thawed during the Obama administration, the embargo still remains in place effectively. But companies like Marriott International (whose chief executive will accompany the President on his historic visit to the island later this month) are optimistic that Cuba will soon be a major investment opportunity.
China, meanwhile, also has it's eyes on the (Raúl) Castro-ruled country as well. For the sake of Havana and other Cuban cities' remarkable architectural heritage, here's hoping Cuba doesn't become the site for an ersatz-hotel-arms-race.
For related news, take a look at some other Cuba-specific Archinect content:
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