Spanish hotel chain Melia to shutter hotels in Cuba in latest blow to island's tourism sector

Melia, a prominent Spanish hotel chain, is closing its operations in Cuba, marking another setback for the island's tourism industry, which has already been struggling due to U.S. sanctions and an enduring oil embargo. This move follows a series of similar decisions by other international businesses, highlighting the growing challenges faced by Cuban enterprises amid these stringent economic measures. The withdrawal of Melia underscores the broader economic and political pressures impacting Cuba, which could further hinder recovery and growth in its tourism sector.