US travel warning troubles Cuba’s small-business operators
HAVANA — A U.S. State Department travel warning for Cuba following mysterious attacks that harmed nearly two dozen American diplomats has come like a bucket of cold water for the aspirations of thousands of private entrepreneurs on the island.
Amid a sudden diplomatic thaw between the Cold War foes that began in 2014, many Cubans invested heavily in privately run restaurants, homestay B&Bs and cars to operate as taxi cabs in hopes of cashing in on an expected boom of American tourists.
But now entrepreneurs worry Americans will be frightened away — even though there has been no word of any tourists affected.
Nowhere are such fears more pronounced than in Old Havana, where many Cubans bought into a hot real estate market as part of a proliferation of B&Bs catering to the hordes of tourists who stroll its cobblestoned streets each day.