Cuba Ventures CEO Steve Marshall to be Keynote Speaker at New York Times Travel Show and Record Monthly Sales in December of over CDN $360,000

 

 

VANCOUVER, British Columbia, Jan. 18, 2017 (GLOBE NEWSWIRE) -- Cuba Ventures Corp. (TSX-V:CUV) (OTCBB:MPSFF) (the "Company") is pleased to announce that the Company's CEO Steve Marshall has been invited as keynote speaker at the New York Times Travel Show from January 27^th to 29^th, 2017. This comes after increased media attention for the company in one of the most active States for travel to Cuba in the United States - Florida. Concurrently, Travelucion, a wholly owned subsidiary of Cuba Ventures, recorded its highest ever monthly net sales of over CDN $360,000 in December 2016 to end a strong year in which Cuba received a record number of 4 million travelers up from 2.5 million in 2014. The Company also announces that its advisor Alfredo Manresa will chair the Cuba Investment Summit at Fomento del Treball, Catalan Chamber of Commerce in Barcelona on January 24^th, 2017. Mr. Manresa will also exhibit the company at FITUR 2017 in Madrid, Europe's largest international travel trade fair.

Record Monthly Sales in December 2016:

The Company booked over CDN $360,000 in net sales for the month of December 2016 which is a record for Travelucion. Net sales is calculated as gross revenue less cancellations and refunds. Increased interest in Cuba, along with heightened media attention surrounding the Company's Cuba centric digital media platform including 432 websites focused upon Cuba, is stimulating these increased revenues. Visitors to the Company's websites from the United States now represent 36.8% of the approximately 37 million annual page views, up from 6% in 2014.

New York Times Travel Show:

Attracting over 29,000 travelers and industry professionals, the New York Times Travel Show held between the 27^th and 29^th of January 2017 is one of North America's most anticipated annual travel events. With over 500 North American travel companies exhibiting, the event promises to garner a hike in exposure for Cuba Ventures and Travelucion through keynote speaker appearances by Mr. Marshall, the Company's CEO.

Cuba Investment Summit - Catalan Chamber of Commerce, Barcelona:

December 13^th, 2016, saw the historic signing of bilateral trade accords between the European Union and Cuba. Spain's Sol Melia, Iberostar, Barceló and H10 hotel chains control a major part of Cuba's over 250 hotels, setting the stage for Spain to continue its investment strategies and dominance in Cuba but now with European Union backing and possible funding. The Cuba Investment Summit in Barcelona promises to boost further investment opportunities in numerous sectors of the Cuban economy. Travelucion, a wholly owned subsidiary of Cuba Ventures Corp, headquartered in Spain's Canary Islands, will be present at the event chaired by Alfredo Manresa, the company's European advisor and Cuba investment and financial sector specialist.