Cuba's Cienfuegos opens tourist facilities to private capital amid economic crisis

Cienfuegos province is offering seven state-owned tourist properties, including a villa in Cayo Carenas and several in Punta Gorda, for lease to national and foreign private investors. This marks a notable shift in Cuba's state-centric tourism model, likely driven by acute foreign-exchange shortages. The move signals deepening economic liberalization but faces uncertainty over investor appetite given US sanctions and infrastructure decay.