Tag Archive for: Cubanacan

1A3FE820-F622-4A43-942C-20499818C481_mw1024_s_nHAVANA, March 13th  State-run Suntine International-Economic Trading Company of China and Cuba’s Cubanacan hotel group are partners in the project,to build a 600-room luxury hotel complex in Marina Hemingway.

The future complex target the U.S. tourist market for the Hotel. China’s Suntine, with a 49 percent stake, is providing $150 million for the Hemingway Hotel project. Cubanacan, with 51 percent ownership, is providing the land and other resources.

At a Havana meeting , the Chinese and Cuban partners set a 2016 start date for construction. Renovations are already underway at the marina, named after famed U.S. author Ernest Hemingway who resided in Cuba for many years, with the expectation that U.S. boats will soon be coming to the island just 90 miles south of Key West, Florida.