IBOV 185,147.15 ▼ 0.02% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,639.55 ▼ 0.35% MERVAL 3,034,599 ▼ 0.48% COLCAP 2,565.50 ▲ 0.82% BVL PERÚ 59,789.81 ▼ 0.28% USD/BRL5.13▲ 0.14% USD/MXN16.95▲ 0.25% USD/CLP933.48▼ 0.12% USD/COP3,126▼ 0.07% USD/PEN3.35▼ 0.18% USD/ARS1,511▼ 0.05% USD/UYU40.24▲ 1.25% USD/PYG5,947▲ 1.29% USD/BOB12.40▲ 1.62% USD/DOP59.00▲ 0.85% USD/CRC448.67▲ 1.62% USD/GTQ7.63▲ 2.20% USD/HNL26.84▲ 1.59% USD/NIO36.62▲ 0.69% USD/VES812.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 0.98% EUR/BRL5.96▲ 0.27% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,147.15 ▼ 0.02% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,639.55 ▼ 0.35% MERVAL 3,034,599 ▼ 0.48% COLCAP 2,565.50 ▲ 0.82% BVL PERÚ 59,789.81 ▼ 0.28% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Tuesday, September 8, 2026

Cuba Tourism Opens to Private Firms as Talks Stay Frozen

By · September 8, 2026 · 4 min read

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CUBA · ECONOMY

Key Facts

  • What changed Cuba now permits private travel agencies and lets foreign companies operate directly in its tourism market.
  • Where it was published Gaceta Oficial numbers 73 and 74 of 2026, issued on 3 September.
  • Transport Tourist transport, including car rental, is opened to fully foreign-owned firms and non-state operators.
  • The tax side Eco-tourism and specialised projects get a 25 percent profit-tax rate and customs exemptions on imported equipment.
  • The catch No measure hands management of state-owned hotels to private operators. That framing is not supported.
  • The other half Foreign Minister Bruno Rodriguez said on 7 September there are no negotiations with Washington at present.

Cuba tourism was opened to private and foreign operators on 3 September. Four days later the foreign ministry made clear what has not changed.

El Capitolio building in Havana, Cuba
El Capitolio in Havana. The tourism measures form part of 176 economic changes announced in June. (Photo: “El Capitolio Havana Cuba” by Nigel Pacquette, via Wikimedia Commons, CC BY-SA 3.0.)
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Cuba tourism has been opened to private and foreign operators. The measures appeared in the official gazette on 3 September 2026.

They were presented by Oscar Perez-Oliva, vice prime minister and minister of foreign trade and foreign investment. Granma and Trabajadores carried the announcement the same day.

For the first time, non-state travel agencies are permitted. Foreign companies may operate directly in the Cuban tourism market rather than only through service contracts.

That is a structural change rather than an incentive. The state had held the gateway to the sector for decades.

What the Cuba Tourism Package Contains

Resolution 68 of the tourism ministry sets the new travel agency rules. It admits private agencies and direct foreign operation.

Resolution 69 replaces transport rules dating from 2004. Tourist transport, including car rental, is opened to fully foreign-owned companies, joint ventures, state entities and non-state operators.

Resolution 70 covers tour guides, widening what agencies may contract. Guides must still train through the state body Formatur.

Resolution 193 of the finance ministry adds the tax layer. Eco-tourism and specialised projects pay 25 percent on profits, with customs exemptions on imported equipment and relief on reinvested profits.

What Is Not in It

We found no measure handing management of state-owned hotels to private operators. Any summary saying so overstates the package.

Reports that it also opens private marinas and tourism real estate come from a single Cuban outlet. The official text was not retrievable to check them.

Decree-Law 128 covers the foreign investment side. The whole package sits inside 176 economic transformation measures announced in June.

The Same Week, a Different Message

On 7 September the foreign minister held a press conference in Havana. Bruno Rodriguez Parrilla addressed relations with the United States.

His words were precise. There have not been, nor are there at this moment, negotiations, agendas or roadmaps.

That is a statement about the present rather than a refusal of any future talks. The distinction has been blurred in some coverage.

He put embargo damage at 8.083 billion dollars for the period from March 2025 to February 2026, describing it as a record. El Comercio notes the figure excludes the oil blockade.

Why Both Things Are True at Once

Opening tourism to private capital is an internal fiscal decision. Cuba needs hard currency and its state operators have not delivered it.

Refusing to characterise contacts with Washington as negotiations is an external political one. Neither move requires the other.

Infobae’s reading is that Havana denied negotiations while acknowledging bilateral contacts are stalled. Those two positions are compatible.

What to Watch

The first marker is whether any foreign operator actually registers under the new rules. Permission and uptake are different things.

The second is the hotel question. If state hotel management does open later, it would be the larger reform.

The third is the arrivals data. Cuba’s tourism numbers have been weak for several years, and no regulation fixes that on its own.

Frequently Asked Questions

What did Cuba actually open?

Private travel agencies are permitted for the first time, foreign companies may operate directly in the tourism market, and tourist transport including car rental is opened to fully foreign-owned firms. The measures were published in the official gazette on 3 September 2026.

Does this include state-owned hotels?

No. We found no measure handing management of state-owned hotels to private operators. Reports that the package also covers private marinas and tourism real estate come from a single outlet and could not be checked against the official text.

What did the foreign minister say?

Bruno Rodriguez Parrilla said on 7 September that there have not been, nor are there at this moment, negotiations, agendas or roadmaps with the United States. He put embargo damage at 8.083 billion dollars from March 2025 to February 2026.

Sources: Granma, Trabajadores, OnCuba News, Ladevi, La Nacion, France 24, Infobae, El Comercio, Rio Times.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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