Despite the challenges, private entrepreneurs are emerging in Cuba to invest in the construction and repair of homes to offer accommodations to visitors, not surprisingly in Cuban provinces that are heavily visited by tourists such as Matanzas, Pinar del Río and Santi Spíritus. This Cuba market intelligence report looks at construction data for new homes in 2014 that were built by the non-state sector, explaining the three forms of financing used by entrepreneurs and the focus on these investments. It also includes a detailed data-driven exploration of how this new lodging construction played out in specific Cuban towns in these provinces, charting out the factors that are influencing the growth of market share in the offer of accommodation and comparing the private sector to the state sector.
Click here to access the full report on private sector construction within Cuba. Click here to view a range of other available reports with market research about Cuba that focus on tourism, remittances to Cuba, private enterprise, Cuban brands, legal concerns, logistics, transportation, energy and more.