Insights & Expertise
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.
May 12, 2016
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.
May 12, 2016
Treasure Island to become Margaritaville Resort
The run-down Treasure Island hotel will be transformed into a Margaritaville resort following the purchase of the property by Miami-based Howard Hospitality Group. The sale went through on Friday after months of negotiations, real estate agent Kim Lund confirmed. Re/Max will start selling 110 condominium suites at the new hotel later this month.
May 12, 2016
May 2016 Market Update
Cayman Islands real estate is highly prized because of the general high quality clientele that we attract and the fact that we have a financial services industry that is so sophisticated and robust that it is the main pillar of our economy.
May 12, 2016
Market Update June 2012
Statistical update, RE/MAX Cayman Islands wins awards at International Conference, Shetty Hospital moves ahead, Cayman Island tourism still strong