May 12, 2016
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.
Insights & Expertise
May 12, 2016
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.
May 12, 2016
Tourism looks for big 2016 spend, but sees security concerns
The general mood of tourism is upbeat, and the statistics support it: Arrivals are rising, construction is proceeding, employment is set to expand, and while economic recovery feels wobbly, optimism is guarded and hope springs.
May 12, 2016
Value for Money
Buying a property in Cayman offers better value for money than in many other tropical paradise. And prospective purchasers are advised to buy now while places are still available and before prices go up.
May 12, 2016
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.
May 12, 2016
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.
May 12, 2016
February 2016 Market Update
New construction and development abounds. This month I thought it would be a useful exercise to highlight all the new construction and development projects that are currently taking place across the Cayman Islands, emphasising the fact that Caymans economy is currently in a very positive growth period.
May 12, 2016
RE/MAX continues franchise expansion in the Caribbean
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.
May 12, 2016
August Market Update
Grand Cayman real estate sales for January to June 2014 increase 36 percent versus the same period in 2013. James Bovell recommends sale of government land to boost sales.