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Starwood signs first U.S.-Cuba hotel deal since 1959 revolution
March 20, 2016 by creative · Leave a Comment
By Marc Frank HAVANA (Reuters) – Starwood Hotels & Resorts Worldwide on Saturday became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution, announcing a multimillion-dollar investment a day before U.S. President Barack Obama was due to visit Havana. Such deals would normally be prohibited under the U.S. economic embargo of Cuba, but Starwood received special permission from the U…
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Starwood signs first U.S.-Cuba hotel deal since 1959 revolution