Cuba Opens Tourism Sector to Private Initiatives

Written by admin on . Posted in Americas, Caribbean

Tourism in Cuba

Tourism in Cuba

Cuba’s state-owned travel agencies and tourist entities will be able to book private lodgings and restaurants, the government said Thursday.

In a resolution published in the Official Gazette, the Tourism Ministry gives the green light for individuals who rent out homes and rooms or operate restaurants, known as “paladares,” to offer their services to the state tourism sector.

In like manner, tourist agencies and entities will be able to book the services of private individuals or the self-employed to organize excursions for groups of visitors such as rides on horseback, in carriages or in classic or antique automobiles that are still in wide use on the island.

Read more at Hispanically Speaking News

Billionaire John Paulson Invests in Puerto Rico’s Tourism Sector

Written by admin on . Posted in Americas, Caribbean, Marketing

Billionaire John Paulson Invests in Puerto Rico’s Tourism Sector

Billionaire John Paulson Invests in Puerto Rico’s Tourism Sector

Hedge fund billionaire John Paulson’s company has acquired a majority interest in an exclusive beachfront complex near San Juan, a major bet on Puerto Rico’s tourism sector.

The St. Regis Bahia Beach Resort and Bahia Beach Resort & Golf Club, located on Puerto Rico’s north coast about 40 kilometers (25 miles) from San Juan, were acquired by Paulson & Co.‘s Recovery Fund.

“The St. Regis Bahia Beach resort is already one of the premier leisure travel destinations in the Caribbean, and there is increasing demand from both those looking to purchase holiday homes in Puerto Rico and from those living in or moving to the island,” John Paulson said in a statement.

Reach more at Hispanically Speaking News

Puerto Rico Experiences Brain Drain

Written by El Cuco on . Posted in Caribbean, Marketing

Professionals, doctors and the educated flee the island of Puerto Rico for better opportunities and a higher standard of living

Professionals, doctors and the educated flee the island of Puerto Rico for better opportunities and a higher standard of living

A recent study by the Pew Hispanic Center states that Mexicans and Puerto Ricans are the two largest groups within the US Hispanic population: Among Hispanics in the U.S., people of Mexican origin account for 64.5% and those of Puerto Rican origin 9.5%.

According to The World Bank, the population of Mexico is 112.3 million while the US’ Mexican population is 33.5 million. Interestingly, there are more Puerto Ricans living stateside that in the actual island. Per reports, 4.9 million Puerto Ricans live in the US while the US Census’ 2011 Puerto Rican Community Survey reported 3.7 million in the island.

As a born-and-raised Puerto Rican now living stateside, I am not surprised by these numbers. Given our automatic US citizenship, the path is much easier for us to move. It is as complicated as moving from New York to Florida.  According to the Census Bureau, only two states – Michigan and Rhode Island – had population declines in 2011. Puerto Rico beat both of them.

San Francisco Hosts the World Baseball Classic

Written by El Cuco on . Posted in Caribbean, Marketing, Sports

World Baseball Classic at AT&T Park

World Baseball Classic at AT&T Park

While most baseball teams go through the motions of spring training, a select number of players are already deep in baseball action at a global level. The World Baseball Classic is in full swing and so many Major League teams’ spring training facilities are missing a few key players. The San Francisco Giants are second on that list with 10 players from several countries participating.

Among the most noticeable absentees from spring training are third baseman Pablo Sandoval, who plays for Venezuela, and pitcher Ryan Vogelsong (USA). The two have been known to talk a little bit of trash directly to each other, all in good fun.

Will Puerto Rico be the First Spanish-Speaking U.S. State?

Written by El Cuco on . Posted in Americas, Caribbean, Marketing

Puerto Ricans vote to become 51st State

Puerto Ricans vote to become 51st State

A month ago today, while everyone was paying attention to the presidential election and President Obama’s landslide victory, a different election of potentially farther reaching proportions was taking place in the small Caribbean island of Puerto Rico.  For the fourth time since becoming a US territory in 1898, Puerto Rico residents voted on the island’s relationship with the US, and for the first time voters chose statehood.  Case closed?  51st State here we go?  Not quite…

For years now both Republicans and Democrats-President Obama included-have reaffirmed that Puerto Rico’s status is in Puerto Rico’s hands.  The U.S. will go along with their choice.  Of course, the proof is in the pudding, and the pudding could possibly be served soon.