Blog Posts

News

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.

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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.

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Cayman Airways adds flight to La Ceiba

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.

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Film festival gets two thumbs up

Attendees of the inaugural CayFilm International Film Festival praised the event which left many celebrity guests and attendees eager for next years encore.

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Airport upgrade to break ground this week

Construction of the new terminal building at Grand Caymans Owen Roberts International Airport is scheduled to break ground Thursday and will begin in earnest next week, government leaders announced Monday.

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September 2015 Market Update

A recently published Caribbean Market Update, produced by Caribbean-based Integra Realty Resources, has offered good news for the Caribbean economy, noting a general improvement in tourism for the region, as well as a gradual improvement in real estate sales and an increase in foreign investment into our area.

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August 2015 Market Update

I estimate that there have been approximately 60 to 70 new properties built over the past year, or are committed to being built in the next year that are single dwelling, family residences in the US$1.5 million to just under US$3 million price range. These properties have been developed primarily in canal-front locations, from West Bay, along the Seven Mile Beach corridor and out to Grand Harbour.