Meliá, a Spanish hotel group, says it will stop all hotel operations in Cuba by the end of the week, citing major legal and financial difficulties linked to growing US pressure and sanctions. In a statement to Spain’s stock market regulator, the company says the latest US sanctions make it “impossible, de facto and de jure” to maintain even minimal operational stability on the island. Meliá said it is shutting down 34 hotel sites in Cuba.
Other reporting similarly attributes the decision to sanctions-related hurdles that affect the chain’s ability to continue normal business operations. The Independent adds that the constraints include operational and financial challenges tied to US measures and an energy blockade. The Winnipeg Free Press also frames the move as driven by legal and financial obstacles stemming from US sanctions.
The company’s announcement indicates it is responding to the current impact of US policy changes on its activities, rather than a change in demand or internal restructuring. The reports do not describe alternative arrangements or new timelines beyond the stated end-of-week closure.