• 2026.05.08 (Fri)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Business

Iberostar Opens Controversial Luxury Hotel in Havana Amidst Economic Crisis

Hannah Yeh Reporter / Updated : 2025-02-28 14:08:23
  • -
  • +
  • Print

MIAMI, USA – Iberostar Cuba Hotels & Resorts has announced the grand opening of the Iberostar Selection La Habana, also known as Torre K, through an official Facebook post. "The wait is over! Iberostar Selection La Habana [Torre K] opens its doors to enjoy impressive views of the city. Our five-star hotel is located on the central 23rd Street, a quintessential cinematic avenue. Welcome to Havana from its highest point!" the company wrote.

The inauguration of the 44-story, 500+ room skyscraper occurs amidst controversy, as the project has been criticized for its impact on traditional Havana architecture, the high cost of its construction, and the prohibitive prices of its rooms.

According to information published by Online Tours, rates at the Iberostar Selection La Habana range from 147 to 325 euros per night. The cheapest room in Torre K is equivalent to 31 times the average retiree's salary on the island, according to the conversion of the Cuban peso in the informal market.

Tourism in Cuba

The hotel is located in what was known as "Hueco de 23," a plot of land in front of Coppelia and near the Habana Libre Hotel. "The approximate height will be 154 meters above sea level, spread over 44 floors and two basements," explained Alfredo Ledón Llanes, the building's design engineer, in statements to the magazine Juventud Técnica in 2023.

Since the beginning of its construction, Torre K has generated mixed opinions. "From its formal conception, it winks at contemporary architecture and the most internationally valued Cuban architecture, such as the Focsa building and the Hotel Tryp Habana Libre," defended Osviel Carrillo, an architect from the Havana Projects Company.

However, various sectors of the population see this skyscraper as an element foreign to the city's identity. Nevertheless, not all comments on social networks have been of admiration, as specialists, architects, and Cubans in general consider that the construction of the hotel has represented a multimillion-dollar investment in a country facing a severe economic crisis, characterized by the scarcity of food, medicines, and constant blackouts.

Others question whether the building will withstand the hurricane-force winds that affect the island. "The relationship between its height and width, or slenderness, is a very important factor when designing a tall building. The more slender it is, the more sensitive it is to the wind. However, we have applied the Cuban standard to measure the wind load," assured Ledón.

The opening of the Iberostar Selection La Habana highlights the deep economic inequalities that the country is going through. While the Cuban regime promotes the exclusivity of this hotel, the majority of citizens face difficulties in accessing basic products and essential services.

The inauguration of the hotel continues to fuel the debate on the development model promoted in Cuba, where investments in tourism contrast with the precariousness of the population's living conditions.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
Hannah Yeh Reporter
Hannah Yeh Reporter

Popular articles

  • UN Chief Urges Freedom of Navigation Amid Rising Tensions in Strait of Hormuz

  • The ‘Einstein of Wall Street’ on Market Resilience: "The Fog of War is Lifting, Only Oil Remains"

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065589639121099 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Hyundai Mobis Completes Independent EV 'Heart' Lineup: A Major Leap Toward Global Leadership in Power Electric Systems
  • OpenAI Redefines Human-AI Interaction with ‘GPT-Realtime-2’ and New Suite of Live Voice Models
  • Tensions Flare in Strait of Hormuz: U.S.-Iran Clashes Threaten Fragile Truce
  • UAE Sovereign Wealth Giants Descend on Seoul to Forge Strategic AI Alliance
  • U.S. Trade Court Strikes Down Trump’s ‘Global 10% Tariff,’ Citing Executive Overreach
  • POSTECH Researchers Double Metal-Polymer Adhesion via 3D Printing Surface Control

Most Viewed

1
Iran Imposes Transit Fees on Strait of Hormuz Amid Escalating Maritime Tensions
2
Korea and Vietnam Forge Strategic Partnership in Science, Technology, and Innovation
3
80% of Enterprises Hit by 'AI Agent Anomalies': SailPoint Calls for Integrated Identity Governance
4
Kurly Abandons 'All-Paper' Packaging Strategy Amid Rising Cost Pressures
5
Tradition Meets the Public: Chungju’s Gugak Busking
광고문의
임시1
임시3
임시2

Hot Issue

Tensions Flare in Strait of Hormuz: U.S.-Iran Clashes Threaten Fragile Truce

Tesla Model Y Becomes First to Pass Grueling New U.S. Autonomous Safety Tests

U.S. Trade Court Strikes Down Trump’s ‘Global 10% Tariff,’ Citing Executive Overreach

Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers