Cuba’s hotel chain Horizontes fares well in first half of the year

godking
11 July 2003 6:00am

Frank Carreño, vice president of Cuba-based Horizontes Group, said that hotel chain has so far this year amassed over $5.5 million worth of revenues for a 5 percent increase compared to the same period of time of 2002, a spike that stems mostly from cost and operation cuttings.

Other key players in this result are greater marketing efforts and the presentation of a revamped tourist product in several regions on the island nation. A case in point is Pinar de Rio with the combined addition of 40 new rooms in Rancho San Vicente –in world-famous Viñales Valley- and in Cayo Levisa, off the province’s northern coast. The Rancho Luna Hotel in Cienfuegos was equally refurbished under a $5 million budget.

Rooms at the tourist circuit of Trinidad have also been given a new shot in the arm as far as comfort is concerned and some $700,000 will be invested there in coming months. The Las Cuevas Hotel is one of the jewels in Horizontes’ crown.

Perspectives are also looking good for the ongoing summertime season. Horizontes is seeking to keep high occupancy rates in its 42 facilities that add up to as many as 5,000 rooms all across the country. Its top-notch service includes countless natural, historic and cultural attractions for travelers from all over the globe.

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