Cuba's tourism industry is the main economic developer with revenues of over USD3.3 billion in 2018, and more cooperation with China in the sector is important for the country's plan to become the top destination in the Caribbean.
Joint ventures for hotel operations, new contracts with service providers or any other type of cooperation with Chinese companies are a priority for the Cuban government, to learn from the experience of different private or state firms in China.
Director of business development at Cuba's Ministry of Tourism said: "Real progress is being made in boosting collaboration with China in the tourism sector and we hope to announce new investments in the near future."
He said the purpose is to repeat in the Caribbean nation the success achieved in the last nine years with the joint venture created between the island's Cubanacan group and China's Suntime Enterprise, which have operated the Grand Kempinski Shanghai Hotel.
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