TORONTO — Another major resort company has severed property management ties with Cuban hotel chain Gaviota, as the U.S. administration’s Office of Foreign Assets Control (OFAC)’s June 5 deadline for companies to cease operations in Cuba, or face sanctions, draws nearer.
Asia-based Archipelago International is the latest to pull up stakes, following similar moves this week by Blue Diamond Resorts Cuba and Iberostar.
The Havana Times’ contributor 14ymedio reported the story, noting that Archipelago’s properties on the island, including Grand Aston Havana, Grand Aston Varadero, Grand Aston Cayo Paredon, Grand Aston Cayo Las Brujas and Aston Costa Verde, may remain open but will now be managed by Gaviota. According to 14ymedio, on site at the Grand Aston Havana, workers were often told not to come in due to the lack of tourists.
One of the biggest players in Cuba is Melia. The report in the Havana Times notes that half of Melia’s Cuba resorts are currently closed, and that of Melia’s 34 hotels in Cuba, close to half are co-managed with Gaviota.
Yesterday came news that Iberostar has cut its ties with Gaviota, impacting the Spain-based hotel company’s management of a dozen resorts in Cuba. The 12 properties are under Gaviota’s umbrella and by extension the Cuban state, i.e. the Cuban military’s Grupo de Administración Empresarial S.A. (Gaesa). According to reports, Iberostar will stay in Cuba with properties affiliated with Cubanacan and Gran Caribe. Included in the group of 12 hotels, according to 14ymedio, are the Hotel Grand Packard on Prado Avenue, the Iberostar Selection Habana located in the K Tower and currently closed due to the crisis, the Iberostar Selection Ensenachos in Cayo Santa María, the Iberostar Origin Bella Vista Varadero, and the Iberostar Selection Esmeralda.
There was also confirmation that Blue Diamond Resorts Cuba has ceased operations effective immediately in Cuba after a months-long wind-down that began in February 2026, when mass repatriations brought thousands of Canadian travellers back from the island.
Lead image caption: Grand Aston Cayo Las Brujas