Spain and Cuba to work on updating tourism model

Published on : Wednesday, May 8, 2019

Reyes Maroto, Spanish Minister of Industry, Trade and Tourism during the opening ceremony of 2019  International Tourism Fair of Cuba on Tuesday said that the European nation and Cuba were working to improve the management of their tourism models for greater quality and efficiency.


Spain was the guest of honor and Maroto mentioned that the tourism industry was a key to the development of both nations. It was a main source of foreign currency.


She  went on saying that the they should work for a transformation that together would guarantee the highest profitability and sustainability in the medium. In the long term it should allow them to maintain the position of the world leadership which the destination has today.


They wanted a permanent model that could respond to an environment with constant changes.Currently many Spanish firms were expanding and wanted to participate firsthand in the changes occurring in the Cuban tourism model.



There are Spanish companies from the tourism industry in Cuba which will act as agents stimulating the economy.


Tourism can be a source of foreign currency to finance sustained economic development. Additionally it can impact other sectors like agriculture, construction, transport, cultural heritage and trigger social inclusion.


To finance the island’s local currency priority development projects linked to the interests of Spanish companies she has announced a second fund of 375 million euros  which is about 42o million U.S. dollars.

(No Like Yet)

Related Posts

Tags: , ,

Comments are closed.

arrow2Follow TTW
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo


  • 01 WTM 2020
  • 02 WTM London 2020
  • 06 ITB Asia 2020
  • 06 SATTE-GenX-Virtual-Expo
  • 11 i-meet-hotel
  • 12 ITE Hong Kong 2020
  • 13 IMEX 20
  • 16 FHC 2020
  • 16 G&A 2020
  • 16 ITB asia 2020
  • 16 TAAPE 2020
  • 17 GWS-2020
  • 23 emitt 21
  • 30 PATA


    1. ITE Hong Kong 2020

      August 7 - August 9
    2. Hotel Investment Conference Australia New Zealand

      August 12 - August 14

      August 14 - August 16
    4. IBTM AMERICAS 2020

      August 26 - August 27
    5. UITT

      September 1 - September 3
Get our toolbar!
Review on