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Lawyers sue Ironwood developers for $95k debt

Lawyers sue Ironwood developers for $95k debt

| 14/03/2017 | 22 Comments

(CNS Business): The company that is planning a huge multi-million-dollar resort based around an Arnold Palmer golf course is being sued by a local law firm for an outstanding debt of around CI$95,000. Despite promoting plans for the proposed significant $300+ million development in Frank Sound, [...]

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Margaritaville Resort to open February

Margaritaville Resort to open February

| 19/01/2017 | 5 Comments

(CNS Business): The new Margaritaville Beach Resort on the West Bay Road is almost ready to open, officials have revealed. The newly renovated hotel on the site of the old Treasure Island has begun taking reservations, ready to welcome guests at the beginning of next month in the first phase of [...]

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Southwest flights to Grand Cayman to begin in June

Southwest flights to Grand Cayman to begin in June

| 06/01/2017 | 13 Comments

(CNS Business): Southwest Airlines has filed an application with the US Department of Transportation to serve Grand Cayman’s Owen Roberts International Airport daily from Fort Lauderdale beginning 4 June 2017, provided the service receives requisite governmental approvals. On the same date, th [...]

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Tourism challenges slow growth in sector

Tourism challenges slow growth in sector

| 21/12/2016 | 1 Comment

(CNS): The spread of Zika virus in the region, the weakening of the British pound, terrorism attacks in Europe curtailing travellers and constraints on Cayman’s own room stock were just some of the challenges the tourism sector faced in 2016, but tourist arrivals still grew by around 2.5% nonet [...]

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Tourism heading for another great year for visitors

Tourism heading for another great year for visitors

| 15/11/2016 | 0 Comments

(CNS Business): At the end of September almost 300,000 overnight guests had already visited Cayman this year, setting the tourism sector on track for another great year. Last year was the best year since the Department of Tourism began keeping official records and this year is likely to come very [...]

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Dart hotel formally cleared to open

Dart hotel formally cleared to open

| 04/11/2016 | 0 Comments

(CNS Business): The tourism minister handed over the hotel licence for the Kimpton Seafire Resort + Spa Friday, paving the way for the hotel’s official opening later this month. The first new hotel to open along Cayman’s Seven Mile Beach for more than a decade, it has 266 guest rooms and [...]

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Cayman hotel closure causes holiday blues for visitors

Cayman hotel closure causes holiday blues for visitors

| 31/10/2016 | 11 Comments

(CNS Business): Families planning on visiting the Cayman Islands over the coming weeks and months say they cannot track down the owners or managers of the now bankrupt Riviera hotel in South Sound. Two UK-based families who were expecting to stay at The Riviera over Christmas told CNS Business t [...]

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Work steps up on airport expansion

Work steps up on airport expansion

| 23/09/2016 | 2 Comments

(CNS Business): Officials at Owen Roberts International Airport’s (ORIA) are warning passengers that work is stepping up at the facility on the renovation and expansion project. This means that travellers will see construction at both ends of the existing terminal over the next few weeks that w [...]

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CAL’s US$21M subsidy keeps airline flying

CAL’s US$21M subsidy keeps airline flying

| 08/09/2016 | 30 Comments

(CNS Business): The latest audit of the national flag carrier has reinforced the fact that while Cayman Airways Ltd is turning its financial losses around, it is still very heavily dependent on a government subsidy of around US$21 million per year and would not be a viable entity without it. But [...]

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CIG plans to measure pirates’ ‘gold’

CIG plans to measure pirates’ ‘gold’

| 02/09/2016 | 23 Comments

(CNS Business): The Ministry of Tourism has announced plans to conduct an economic impact assessment of this year’s Pirates Week to measure how much gold the pirate festival really brings in. The last assessment of the event, conducted well over a decade ago in 2002, identified 11,000 unique v [...]

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Airport retail space up for grabs

Airport retail space up for grabs

| 16/08/2016 | 9 Comments

(CNS Business): As the Cayman Islands Airports Authority (CIAA) continues work on the redevelopment of Owen Roberts International Airport (ORIA), it is about to begin an open tender for all the retail spaces at the new facility, which is set to open in 2018. A total of seventeen potentially lucr [...]

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Stay-over visitors in spending bonanza

Stay-over visitors in spending bonanza

| 21/07/2016 | 2 Comments

(CNS Business): Overnight visitors to the Cayman Islands fell by 1.4% in the first half of 2016 when compared to the year before but the slight drop in numbers on 2015, which was a record-breaking year for tourism, is not having an adverse effect on the bottom line. Tourism officials said that v [...]

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DoT upbeat about Cuba’s burgeoning tourism

DoT upbeat about Cuba’s burgeoning tourism

| 15/06/2016 | 0 Comments

(CNS Business): Tourism to Cuba was boosted last week with the announcement of two major developments: there will be a resumption, after more than 50 years, of commercial flights to the island from the US before the end of the year, and a new Miami-based cruise line is planning trips from Florid [...]

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Dart buys Little Cayman businesses

Dart buys Little Cayman businesses

| 01/06/2016 | 50 Comments

(CNS Business): Dart Realty (Cayman) Ltd is spreading its business empire onto Little Cayman with the acquisition of Paradise Villas and the Hungry Iguana restaurant. The Cayman Islands largest landowner, investor and developer confirmed it had agreed to buy the businesses in a release on Wednes [...]

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Developers make golf course planning application

Developers make golf course planning application

| 19/04/2016 | 4 Comments

(CNS Business): Plans for an Arnold Palmer golf course, which is meant to be part of a new resort in the Frank Sound area of North Side, have been submitted to the Central Planning Authority but officials have confirmed that it is not a planned area development (PAD) application nor has an envir [...]

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