Flexible Models Ease US Leisure Cos. Cuban Market Entry Says Fitch Ratings

Fitch Ratings | April 12, 2016

Fitch Ratings-New York-12 April 2016: Flexible and less capital-intensive business models should facilitate US leisure companies#39;, including cruise operators, hotels and online travel agencies (OTAs), Cuban market entry following renewed US/Cuba diplomatic relations, according to Fitch Ratings. Several companies are laying the groundwork for expansion. However, Cuban infrastructure and legislative hurdles pose some near-term challenges to material business platform development and growth. Companies will also encounter familiar international competitors that have long operated in Cuba with potentially better positions and local mar...