SAHIC Welcomes Vice Minister of Tourism of Cuba

In an eventful conclusion to SAHIC in Ecuador, Arturo Garcia Rosa, President of SAHIC and Luis Miguel Diaz Sanchez, Vice Minister of Tourism of Cuba, proudly announced yesterday that the very first hospitality investment conference will be held in Havana, with the inaugural SAHIC Cuba. Scheduled for May 15-16, 2017 at the Melia Cohiba Hotel in the Vedado neighborhood of Havana, SAHIC Cuba is anticipated to draw great interest from among the international hospitality community.

"This is a first-of-its kind hospitality investment conference and an incredible opportunity for those with potential interests to learn how to work within the parameters of Cuba," says Garcia Rosa. "This inaugural conference is intended to share with hotel and hospitality operators how the industry is practiced in Cuba today. With policies and regulations continuously evolving, this is also a way for attendees to understand if future projects are a good fit for the destination."

"As the world shows great fascination for the enormous potential of Cuba, we encourage those interested in potential hospitality opportunities to participate with us," states Jonathan Worsley, Chairman of Bench Events and partner of the SAHIC conferences. "The only way for people to understand business in Cuba is to actually go and visit."

In 2015, Cuba welcomed approximately 3,524,779 visitors, a 17.4% increase from the prior year. The current hotel development pipeline anticipates 134,300 available rooms by 2030, with an expected potential of 273,500 rooms if tourism continues to grow exponentially. By the end of 2016, 14,000 new rooms are expected to enter the market.

SAHIC Cuba topics: "The agenda has been planned so that the parties may gain a deeper understanding of each other's needs and situations. This event will also be a great opportunity to move forward in solving issues that need to be fully clarified," adds Garcia Rosa.

The inaugural SAHIC Cuba, scheduled for May 15-16, 2017 will be the must-attend event, designed to promote the hotel, tourism and related real estate businesses in Cuba. The Conference is destined to be 'the" place to meet and network with the leading industry players in the island nation: hotel chains and groups, investors, banks, mutual funds, developers, architects, and interior designers, regional government representatives and other decision makers of the industry. More information about SAHIC Cuba and travel arrangements to the Conference will be forthcoming. For initial inquiries, email cuba@sahic.com, or visit www.sahiccuba.com.