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Spanish hotel chain Meliá to shutter hotels in Cuba in latest blow to island's tourism sector
- Spanish chain Meliá will close 15 of its 34 Cuban hotels, a big hit to its longtime presence and thousands of tourism jobs.
- The move follows new U.S. sanctions aimed at GAESA that freeze foreign assets and limit companies’ ability to operate with U.S. financial ties.
- Other hotel chains and airlines are also cutting back, tourism arrivals have plunged, and Cubans in the sector fear severe income and service disruptions.
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