Our Articles Archive - Aug.2010

Cuba will authorize the sale of real state to foreigners

Wednesday, 11 August 2010News

HAVANA, Cuba -- Negotiations with foreign investors about construction of up to 16 golf courses and condominium communities will begin in January, Tourism Minister Manuel Marrero told reporters at the National Assembly on Sunday.

Marrerro’s announcement, based on a decision by the Council of Ministers at a meeting July 16-17, reverts the freeze on foreign real estate buying and selling imposed by the government in 2000, after a short-lived experiment with condominium construction in Havana.

Specific regulations for the purchase and sale of real estate by foreigners will be published before the end of the year, Marrero said. The immigration status of foreign buyers, as well as the types of contracts and statutes regulating the joint ventures between foreign investors and state companies are “being analyzed,” he added.

The 16 projects “have already been approved by the Council of Ministers, are in the process of implementation, and it’s being concluded,” Marrero told reporters, according to AFP.

Cuban development projects go through three stages — identifying a Cuban partner, obtaining approval of the foreign investment and tourism ministries, and finally getting the go-ahead from the Council of State.

Marrero said of the 16 golf course projects approved by the Council of Ministers, negotiations on four are “very advanced.” They include one project in the province of Holguín, one in Pinar del Río, and two located between Havana and the beach resort of Varadero.

This would be the government’s second run at residential real estate construction for foreigners, after it aborted a first run in the late 1990s.

Increase tourist arrivals to Cuba in the first half of 2010

Tuesday, 10 August 2010News

HAVANA, Cuba -- The arrival of tourists to Cuba from different countries reached 1,389,712 people, according to figures published on the website of the National Statistics Office, which meant a slight increase of 3,519 holidaymakers compared to the same period of 2009, though in June there was a decline of 0.6 percent.

These results demonstrate the high level of quality that the entertainment industry reached in the Greater Antilles, that is still on the preference of tourists, despite the economic crisis of global scope.

Among the most popular destinations for sun and beach keeps highlighting the resort of Varadero, in Matanzas province, which has a wide network of hotels and infrastructure necessary to provide careful attention to the visitors.

International tourism is one of the major source of income for the Cuban state. Despite the global economic crisis, Cuba in 2009 reported a record in visitors arrivals of 2.4 million people, 3.5 percent more than last year.

Cuba ranks ninth among tourists destinations in the American continent.

This year is expected to outperform 2009

María Elena López, deputy minister of Tourism on the island, said during the recent International Tourism Studies Convention held in Havana, that they hope to close the year with better results than those of 2009 in terms of visitor arrivals.

The deputy minister stressed that to achieve this goal, there are already new operations started with the opening of direct flights from Argentina and Brazil, and announced a similar operation with an airline in Japan.

New Website Announcement - Cubazul Tour & Travel

Sunday, 08 August 2010News

Dear Colleagues:

Cubazul Tour & Travel is pleased to announce the release of our new
website http://cubazul.net/

Our new site has been entirely redesigned with a more attractive and fresh
looking. Counting with a much stronger infrastructure that in the long term
will let you stay up to date with what is going on in the controversial world
of Tourism.

We believe that the use of new technologies and the gradual introduction
of new features will allow us to get closer to all the people interested
in knowing or enjoying this wonderful point in the Universe - Cuba.

A long road is ahead of us, and the challenge is even bigger. As an starting
point we are releasing this website with only two Hotels, willing to make
you a witness of its dynamic nature. While we roll up our sleeves, and put
our hands to work, we invite you to visit the Provinces of Cuba or to
check the vast amount of Offers at your disposal.

Please, contact us if you experience any problems with the new website or if
you have any suggestion. And, keep in touch! If we ensure your satisfaction,
the effort would not be in vain.

Truly yours,

Webmaster
Cubazul Tour & Travel

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