Cuban dictatorship has invested $1.5 billion in luxury hotel construction since 2020

Luxury hotel currently under construction in Havana

From our Bureau of Socialist Economic Priorities with some assistance from our Bureau of Socialist Attitudes Toward Luxury Amenities

Castro, Inc. has a gambling addiction. As its economy gets worse and worse, it keeps investing in luxury hotels, betting against all odds on the possibility that superior beings from abroad will fill all the rooms it keeps adding to its moribund tourist industry.

The Covid plague worldwide lockdown killed that tourist industry, and some experts doubt that it can be resurrected any time soon, if ever. And now that the Hotel Saratoga has blown up, those foreign superior beings might think twice about “dream holidays” in Castrogonia.

And it is reasonable to speculate that if the Hotel Saratoga had been full of superior beings when it exploded, Castro, Inc.’s apartheid tourist industry would have received a truly mortal blow. After all, luxury hotels seldom blow up –in fact, when was the last time any luxury hotel blew up so spectacularly, anywhere on earth — so what happened at the Hotel Saratoga would have terrified most potential tourists if it had been full of guests rather than mere native employees. Can you imagine the headlines? “Hundreds of Tourists Killed in Havana?” “Cuban Carelessness Kills Hundreds of Well-Heeled Foreigners”?

Meanwhile, very few news stories about the Hotel Saratoga disaster have focused on the fact that nearly all of those killed and injured were Cuban slave laborers for Castro, Inc.’s apartheid tourism empire. As usual, Cubans pay the highest price of all.

New advertising campaign being considered by Castro, Inc.)

Loosely translated from Diario de Cuba

Cuban economist Pedro Monreal affirmed on his social networks that it would be “rational” for the Cuban authorities to make a “pause in hotel investment”, given the decrease in international tourism and the economic crisis that the country is going through.

Monreal said that Cuba has a total of 77,809 hotel rooms, which represents an increase of 13% compared to 2020, when the Covid-19 pandemic began and tourist visits to the island fell to a minimum.

The 8,930 rooms inaugurated since 2020 represent an investment of 1,473 million dollars, according to Monreal’s calculations based on the lowest possible cost stipulated by the Cuban Government’s Business Portfolio.

However, the economist said that the island’s authorities have not “reported the origin of the investment.”

According to Monreal’s calculations, “receiving 2.5 million international visitors in 2022, there would be more than half of Cuba’s hotel rooms left over,” since in 2018 the average number of visitors rotating per room was 69, much higher than the 32 of this year.

“It would seem rational to adopt a ‘pause’ in hotel investment. There are other priorities,” added the specialist in a Twitter thread.

Despite the constant recommendations to reduce investment in the tourism sector by Cuban economists, the island’s authorities have maintained the construction of hotels in recent years, marked by the abrupt drop in international visitors and forecasts of a slow recovery.

The ONEI estimated that 573,944 international travelers visited Cuba throughout last year, which represented a 60% decrease compared to 2020.

The Cuban economy would receive 1,159 million dollars (1,012 million euros) if it achieves the goal set by the Government of 2.5 million visitors in 2022.

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