News

Project managers at the Kimpton hotel on Seven Mile Beach say building work is on schedule and the hotel is poised to open on Nov. 1, 2016.

U.S.-based hotelier Marriott International announced Monday that it has agreed to buy Starwood Hotels & Resorts Worldwide, Inc. for $12.2 billion in cash and stock. The acquisition will create the worlds largest hotel company, which will include three Cayman Islands hotels: the Marriott Grand Cayman Beach Resort, The Ritz-Carlton, Grand Cayman and the Westin Grand Cayman.

The newly named Cayman Brac Beach Resort opened Friday with a new bar and sprawling lagoon-style swimming pool at the oceans edge. The hotel and dive resort, described as the backbone of the islands tourism industry, was closed for four months while extensive renovations took place.

RE/MAX has been in the Caribbean for 20 years, when the launch of RE/MAX Cayman made the Caribbean the third international region in the RE/MAX system following Canada and Mexico.

Statistical update, RE/MAX Cayman Islands wins awards at International Conference, Shetty Hospital moves ahead, Cayman Island tourism still strong

Dart invests in other Caribbean islands

Construction of the long-planned vehicular underpass on the Esterley Tibbetts Highway at Camana Bay could start as early as next month, according to a Dart spokeswoman.

Having just refinanced nearly US$37 million in debt held over from previous government administrations, the Cayman Islands Development Bank is back in business.

Chief Justice Anthony Smellie announced on Wednesday the specific steps that have been taken to make a new courthouse a reality. He was speaking at the formal opening of Grand Court for 2016 after a ceremonial inspection of a police guard of honor outdoors.

Sales of smaller properties along Grand Cayman’s Seven Mile Beach expected to pick-up in 2014, following price increases in US housing market and increased disposable income of North American middle class that feel financially secure enough to look for vacation property.