Cubanacan Reports First-quarter Gains in Holguin

Cuba-based tourist group Cubanacan has made it big in the eastern travel destination of Holguin with a whopping 36 percent increase in revenues and 54 percent more gains in the first quarter of the ongoing year compared to the same span of time in 2003, by far the best year ever for the island nation´s third-largest tourist circuit.

Stays in that destination were up more than 18,000 while hotel occupancy hovered around 90 percent. In Holguin, Cubanacan relies on over 1,200 accommodations, most of them clustered in Guardalavaca, its premier spot, with 1,180 rooms in all.

On the other hand, Cubanacan has just announced the grand opening of two lodgings by the end of the year in Varadero, Cuba´s premier sun-and-sand destination, that will be run in joint partnership with Spanish groups Iberostar and Blau.

Also in Varadero, but in early July, Cuban travel company Gaviota will start managing the Grand Lido Resort with Jamaica´s hotel chain SuperClubs.

With the addition of these two new establishments, Varadero will further enhance its hotel infrastructure that had peaked 13,631 rooms earlier this year. The accommodations are distributed in 46 hotels and are part of the efforts aimed at meeting the ever-growing occupancy rates this beach destination has been logging over the past couple of years.