International Hotel Chains Exit Cuba Amid U.S. Sanctions

Several international hotel chains (Blue Diamond, Iberostar, Archipelago) ceased or transferred operations in Cuba in early June 2026 after U.S. Treasury sanctions required foreign entities to sever ties with the military-controlled GAESA; the exits have driven a sharp decline in tourism (approx. 56% drop) and significant operational and economic disruption for Cuba’s tourism sector.