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Iberostar Group is a global tourism company and hotel group. The company has four areas of business: the hotel division, the core business of the company; the holiday club, called The Club; the inbound tourism and travel brands Almundo.com, World 2 Meet (W2M) and Iberoservice; and the property business.
As a consequence, Varadero has lost much of its social and cultural life and its traditions. [citation needed] The central park, the cinema and various cultural meeting places were neglected in favor of a hotel-centred all-inclusive-tourism and finally closed. The International Carnival, an initiative of Cubans and foreigners started in the ...