Cuba’s New Luxury Hotels Look to Lure Waves of U.S. Tourists
In Havana’s Parque Central, shady stone benches and graceful palm trees beckon to mojito-sipping tourists and locals gathering to shoot the breeze.
The gathering spot, in the center of town, is surrounded by horse-drawn carriages and long lines of colorful finned-and-chromed 1950s cars. But more utilitarian vehicles have recently begun circling the square: construction equipment transforming old buildings into luxury hotels.
As Cuba’s relationship with the United States grows warmer, real estate redevelopment is heating up, too.