Cayman Airways is increasing the number of flights this summer to La Ceiba, Honduras. The airline will fly three times a week from Grand Cayman to La Ceiba. Citing increased demand for summer travel between the two locations, Cayman Airways has added a Wednesday flight to its July and August schedules.
News
October 2015 Market Update
A few years ago the MLS (Multiple Listing System/Cayman Islands Real Estate Brokers Association-CIREBA) members listed the total number of inventory (properties and land) for sale at around 2,200. Today, as at the time of writing (end of September) that figure has decreased dramatically to 1,572. This drop of approximately 30 per cent alone is a huge indicator of how the market has changed in recent years. We have gone from a high amount of inventory to a considerable drop, which will in turn drive up prices further, I believe, as there will be less choice for buyers, inevitably resulting in a sellers market.
Cayman real estate a smart addition to an investment portfolio
Cayman real estate a smart addition to an investment portfolio, increased competitive advantages, luxurious residences
February 2015 Market Update
Cayman well positioned for the ‘new age’. More than just a tourist destination.
Ritz-Carlton, Grand Cayman makes ‘World’s Best’ list
The Ritz-Carlton, Grand Cayman has been named one of the best hotels in the Caribbean by Travel and Leisure magazine on its 2015 Worlds Best list. The resort on Seven Mile Beach came in at number 10 on the list of 25 best hotels in the Caribbean region.
Kimpton names new hotel ‘Seafire’
The Kimpton group plans to name its 10-story Grand Cayman hotel the Seafire Resort and Spa, Seven Mile Beach. The name was inspired by the fiery sunsets over Seven Mile Beach, according to Kimpton CEO Mike DeFrino. Officials from the San Francisco-based hotel chain were in Grand Cayman on Wednesday to launch the brand of the new hotel, owned and built by the Dart group.
Brac resort to renovate, rebrand
The Brac Reef Beach Resort, a popular diving destination on the southwest end of Cayman Brac, has announced plans to upgrade and renovate its facilities this fall, including renaming its hotel the Cayman Brac Beach Resort.
Cayman’s economy holds strong in the Caribbean
The Caribbean is gradually recovering from the economic downturn of the past few years, principally because the regions tourism market, the greatest source of income to many Caribbean countries, lies in the main, in North America.