Cuba, China to build new luxury hotel in Havana

While the U.S. continues to talk tourism with Cuba, Caribbean developers will break ground on Havana’s first luxury hotel later this year, the Latin American Herald Tribune reported.

The luxe-hotel is a joint effort between Cuba and China that will cost approximately $117 million (51 percent Chinese capital and 49 percent Cuban). According to reports, the hotel complex will have 650 rooms and cover an area of about 19 acres in the “Marina Hemingway” tourist center in western Havana.

This isn’t the first project Cuba and China are working on together – China is Cuba’s second-largest trading partner, so it’s no surprise the two friends have joined together to create a luxury hotel for tourists. The two countries have a total of 13 projects currently in development and spanning various industries including mechanics, communications, agricultural production and tourism.

[via The Latin American Herald Tribune]