Did Donald Trump's executives violate the Cuban embargo?
Cuba has only one 18-hole golf course: the government-run Varadero Golf Club, about two hours east of Havana. Built on the 1930s estate of chemicals magnate Irénée du Pont, it was refurbished in the 1990s when the government turned to tourism to bolster its economy after the fall of the Soviet Union. Du Pont’s former residence, Xanadu Mansion, serves as the clubhouse. On the third floor, a wood and-marble bar offers sweeping views of the Florida Straits.
The course, expanded by Canadian architect Les Furber, is largely flat and littered with palm trees, and the greens fee runs $70. One reviewer described it as “inoffensive golf at its finest.” Yet lining up a putt on the 8th or 18th holes, both of which are right on the azure water, even a duffer can’t miss Cuba’s potential. With fertile soil, plentiful green coastline, and topography that spans plains, rolling hills, and rugged mountains, the island is a golf course architect’s Shangri-La.
On an afternoon late last year, the golfers teeing off included a group of US executives from the Trump Organization, who have the enviable job of flying around the world to identify golf related opportunities. The company operates 18 courses in four countries, including Scotland and the United Arab Emirates. It would like to add Cuba. Asked on CNN in March if he’d be interested in opening a hotel there, Donald Trump said yes: “I would, I would—at the right time, when we’re allowed to do it. Right now, we’re not.” On 26 July he told Miami’s CBS affiliate, WFOR-TV, that “Cuba would be a good opportunity [but] I think the timing is not right.”
This story is from the August 16, 2016 edition of Bloomberg Businessweek Middle East.
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This story is from the August 16, 2016 edition of Bloomberg Businessweek Middle East.
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