[ORGANIZATION]
Grupo de Administración Empresarial S.A. (GAESA)
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Situations
US sanctions deepen Cuba tourism crisis
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Latest: Cuba's tourism and power sectors crippled by U.S. sanctions
Since the May 2026 U.S. executive order targeting the military‑run conglomerate GAESA, Cuba’s tourism sector has entered a deeper collapse. Spanish chains Meliá and Iberostar have withdrawn from 27 hotels, while Canadian