Havana, Cuba.- The Canadian chain Blue Diamond today signed two contracts for the administration of two hotels in Cuba, whose authorities hope to overcome this year”s barrier of five million visitors.

In statements to the press, José Daniel Alonso, general director of Development of the Ministry of Tourism, explained the pact was initialed with the Cuban group Gran Caribe.

Alonso said one of the facilities will be located in Cayo Coco, north of the central province of Ciego de Ávila, and the other in Varadero, with 380 and 450 rooms, respectively.

According to its website, Blue Diamond manages 19 hotels in the largest of the Antilles, including Royalton Hicacos, Grand Memories Varadero, Memories Holguin and Tropical Starfish.

At present, 19 foreign companies from 10 nations operate in this Caribbean island, with a total of 97 facilities with management and marketing contracts.

The announcement coincides with the celebration in this capital of the International Tourism Fair FITCuba 2019, an event designed to show the potential of the sector in this country.

The event is also held in the context of the activities for the celebrations of the 500th anniversary of Havana and in the midst of an escalation of the United States against Cuba.

Recently, Washington activated Title III of that regulation, which allows US nationals to sue before the justice of that country persons and entities, even from third countries, that invest in Cuban territory in nationalized properties after the triumph of the Revolution on 1 January 1959

Given these threats, the president of Cuba, Miguel Diaz-Canel, said yesterday that foreign businessmen on the island are guaranteed legal security.

‘Their companies in the country have total legal security under the Law 118 of Foreign Investment and Law 80 Reaffirmation of Cuban Dignity and Sovereignty,’ said Diaz-Canel on Twitter.

In a similar sense, the ministers of Tourism, Manuel Marrero, and of Foreign Trade and Foreign Investment, Rodrigo Malmierca, spoke.