The Spanish hotel chain remains active in Cuba through six properties belonging to Cubanacán and Gran Caribe.

14ymedio, Havana, June 1, 2026 — On Monday, the Spanish hotel company Iberostar severed its ties with Gaviota, the hotel chain controlled by the Business Administration Group S.A. (Gaesa), and stopped managing the twelve hotels associated with that entity. The company will maintain its presence in Cuba through properties whose state-owned partners belong to other tourism groups not linked to the military conglomerate, including Cubanacán and Gran Caribe.
The decision became public shortly before the deadline imposed by the U.S. Department of State under Executive Order 14404, signed by President Donald Trump on May 1, 2026, which called for sanctions against “those responsible for repression in Cuba and threats to the national security and foreign policy of the United States.” A few days later, the decree began taking concrete form through specific sanctions against Gaesa, its president Ania Guillermina Lastres, and Moa Nickel S.A.
The Office of Foreign Assets Control (OFAC) set June 5, 2026, as the deadline for companies to terminate their operations or risk exposure to sanctions.
“As of June 1, 2026, these establishments will no longer be managed, marketed, or promoted under the Iberostar brand”
On Monday, 14ymedio confirmed that several hotels previously managed by Iberostar and owned by Gaesa remain open, but are now under the direct administration of Gaviota, as occurred with the withdrawal of Blue Diamond Resorts last Saturday.
Staff at the Grand Packard Hotel explained: “If you try to book an Iberostar hotel in Havana through travel agencies, what will come up is Parque Central, which is still managed by that company. To book with us, you have to do it directly here or through Gaviota.” By contrast, representatives at the Parque Central Hotel—owned by Cubanacán—confirmed to 14ymedio that “Iberostar executives are working here today without any problem, and the company remains at this hotel.”

Iberostar’s withdrawal was announced through the Argentine tour operator Sudameria. In the company’s statement, it explained that, “as part of a process of adaptation to the international regulatory environment” and in order to preserve its standards of quality, compliance, and management, Iberostar Cuba Hotels & Resorts “will cease operating and continue reading
The company stated that the measure ends any commercial, operational, or branding relationship between Iberostar Cuba Hotels & Resorts and the establishments included in the decision.
Among the 12 hotels from which Iberostar is withdrawing and whose ownership is linked to Gaesa are the Hotel Grand Packard on Prado Avenue; the Iberostar Selection Habana, located in the controversial Torre K [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, among others.
“As of June 1, 2026, these establishments will no longer be managed, marketed, or promoted under the Iberostar brand,” according to the statement. They will now be managed directly by Gaviota.
Although Cubanacán appears on OFAC’s Specially Designated Nationals (SDN) list and is sanctioned by the agency, it is not part of the Gaesa conglomerate, which the United States directly sanctioned on May 7
Through the Iberostar Cuba website, only hotels without links to Gaesa can currently be booked, including the Hotel Inglaterra and Iberostar Selection Parque Central, both Cubanacán properties in Havana, as well as the Iberostar Origin Daiquiri in Cayo Guillermo and the Iberostar Origin Taínos in Varadero, both owned by Gran Caribe.
Although Cubanacán appears on OFAC’s SDN list and is sanctioned by the agency, it is not part of the Gaesa conglomerate, which the U.S. State Department directly sanctioned on May 7.
The sanctions could nevertheless be extended to state-owned entities such as Cubanacán, Gran Caribe, and Islazul if the State Department and OFAC determine that they meet the criteria outlined in Orden Ejecutiva 14400, which includes “ownership, control, or direct management by the Government of Cuba.”
Iberostar is following the path taken by the Canadian hotel company Blue Diamond Resorts, one of the main foreign operators in Cuba’s tourism sector over the past decade, which ended its operations on the Island “with immediate effect” last Saturday.
The hotel chain Meliá, which operates between 32 and 35 properties in Cuba, also faces the possibility of sanctions and is under increasing pressure to define its position before the deadline established by the U.S. Department of State.
Translated by Regina Anavy
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