Cruises to Cuba will leave $ 623 million for companies and about $ 83 million for the island’s government

The itineraries to Cuba of the three major US cruise companies will leave more than $ 623 million in revenues between 2017 and 2019, according to a projection by the US-Cuba Economic and Trade Council.

According to the Council’s analysis, based on the data collected through October 25, the 286 trips to Cuba that Norwegian, Carnival and Royal Caribbean companies are expected to make in those years will transport some 455,000 passengers, if at all. Each boat travels to its maximum capacity.

These operations will report to the firms, all based in Miami, revenues of more than $ 623 million, but will also mean for Cuba $ 64 million in tourist expenses related to land transportation, excursions, restaurants and souvenirs, such as cigars.

Additionally, the island government will receive $ 19 million for port taxes, which for the largest vessels, with a capacity of between 684 and 2,744 passengers, amounts to about $ 79,000.
In 2016, when these US trips to Cuba were re-established, the gross revenues of these three companies together amounted to $ 28,800 million, corresponding to all trips of their 144 vessels and operated with their different brands.

In May of that year, the first cruise ship to Cuba in more than 50 years, the Adonia, of the Carnival company, departed after the thaw between the two countries undertaken in the last two years of the mandate of the then president of Barack Obama.

In another analysis published on Saturday by the US-Cuba Economic and Trade Council, its president, John Kavulich, reported that the gross income of the 52 US companies that have been present in Cuba since December 2014 add up to one trillion dollars (one trillion dollars). ” In U.S.A).

These companies include the three cruise companies, airlines such as United, Jet Blue, Delta or American; manufacturers and distributors such as John Deere or Caterpillar; financial institutions such as Stonegate Bank or Banco Popular de Puerto Rico; technology and telecommunications such as Cisco, Google, AT & T or Verizon, and hosting such as Starwood Hotels & Resorts Worldwide or Airbnb.

About Francis Alsopp 2 Articles

Over 8 years of experience as a Forest Service district wildlife biologist, writing technical reports, public service announcements, and public disclosure documents. I am a former volunteer winter naturalist for the Jackson Hole Mountain Resort. Military experience as an officer in the U.S. Marine Corps’ Direct Air Support Center. Commercially rated helicopter pilot with flight instructor certificate. One year of health care training, including human anatomy and physiology, patient care, and radiographic physics.

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