Melia Hotels International Of Spain, Largest Foreign Hotel Operator In Cuba, Reports "Drastic Drop In Business"
/GABRIEL ESCARRER, Vice Chairman and CEO of Meliá:
“Dear stakeholders, As you all know, the effect of the COVID 19 pandemic on the travel industry has been especially devastating, direct and intense, causing what some international observers have begun to call “the great travel crisis” For Meliá, the crisis has caused a progressive and drastic drop in business, culminating in the closure of practically all of our hotels except for a few hotels in Asia Pacific in countries that have not been hit so hard, and the almost 15 hotels that remain open after being converted into hospitals or residences for emergency service workers.” The company manages thirty-five (35) properties in the Republic of Cuba.
