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News & Insights

NFTC Statement on Airbnb Entering the Cuban Marketplace

April 2, 2015


Washington DC – National Foreign Trade Council (NFTC) Vice President for Global Trade Issues Jake Colvin released the following statement in response to today’s news that Airbnb will enter the Cuban marketplace:

“Today’s announcement will encourage people-to-people exchanges between Cubans and Americans, help meet soaring demand for rooms, and support and further encourage entrepreneurship and private enterprise in Cuba.

“Airbnb’s entry into Cuba is a prime example of the mutual benefit to Cubans and Americans that can come from relaxing U.S. sanctions.

“Their entry provides a high-profile, global technology platform to highlight and support a long history of hospitality and entrepreneurship by Cuban citizens through Casa Particulares. Casa Particulares date back to the late 1990s in Cuba, when government officials began letting private citizens rent out their rooms.

“We applaud Airbnb for its leadership in supporting American travelers and Cuban entrepreneurs.”


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About the NFTC

Serving America’s Global Businesses Since 1914.  The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York. Follow us on:

 

 
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