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President Miguel Díaz-Canel and the Cuban government
Havana, Cuba
June 6, 2026
"Cuba will allow Cuban investors to manage hotels following the withdrawal of foreign chains like Meliá. The move comes as U.S. sanctions and an energy embargo deepen the island's economic crisis. Tourism numbers have plummeted, with Q1 2026 arrivals 48% lower than the previous year. President Díaz-Canel criticized U.S. pressure as an attempt to provoke social instability."