I predicted that the major tourism surge from the U.S. to Cuba would come by cruise boat, mainly because there just weren’t enough hotel rooms there. While I still think that is true, the “hotel” inventory just grew dramatically thanks to Airbnb. They are the American online home rental service. It is a really cool thing since I think it will really allow visitors to have a much more authentic visit, really seeing how people live and getting a feel for their culture. This can be done much more effectively in someone’s home than a hotel or cruise ship. While it has only been a few months, Airbnb is part of a growing number of American companies who have already established business relations in Cuba. IDT Corp out of New Jersey established the first direct calls between the countries. Netflix and Mastercard are there as well, albeit in limited capacity at this point given the existing restrictions. I think once you crack open the door of capitalism it is awful hard to shut and control. How quickly will this happen here? Depends a lot on the removal of the embargo and the sponsorship of terrorism designation. That looks like it is about to be lifted within the month and then we will see what happens in the Senate. It is fair to say that this has a lot of momentum and with all the problems happening in the world now this could be a rare diplomatic victory for the U.S. It is within our sights now, so close to happening. I cannot wait to visit there and hope that the Cuban people will get the opportunity for freedom they so badly deserve. There is a lot at stake here indeed, much more than just money. As always thanks for reading and have a great day.
Airbnb offers Cuba lodgings in major US business expansion