Photo of the Remarkables mountain range in Queenstown, New Zealand.

Tag: Ritz-Carlton

Dart finally confirms Ritz acquisition

Dart finally confirms Ritz acquisition

| 13/10/2017 | 64 Comments

(CNS Business): After several months of speculation that Dart Real Estate had acquired the Ritz-Carlton, Grand Cayman but no comment from officials at the company, the Cayman Islands’ biggest property owner has finally announced that it has bought the luxury hotel on Seven Mile Beach. The news comes just weeks after Dart confirmed its acquisition of […]

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US court case to examine losses of Ritz investors

US court case to examine losses of Ritz investors

| 24/07/2017 | 3 Comments

(CNS Business): A legal case in the South Dakota Supreme Court is scheduled to hear arguments this week on how a charitable foundation created by Marvin Schwan, a US frozen food magnate, lost around $600 million in offshore real estate ventures, including cash invested in the Ritz-Carlton, Grand Cayman. Schwan’s sons are trying to establish what […]

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Five Mile Capital to sell Ritz

Five Mile Capital to sell Ritz

| 10/04/2016 | 0 Comments

(CNS): The company which bought the Ritz-Carlton, Grand Cayman from the developer Micheal Ryan in 2012 is planning to sell the five-star resort. Five Mile Capital Partners LLC has decided to list the 356-room hotel and 136-acre property, and according to local real estate brokers, it is in the early stages of marketing the five-star […]

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Ritz-Carlton having busiest summer ever

Ritz-Carlton having busiest summer ever

| 11/08/2014 | 0 Comments

(CNS Business): Last minute bookings and an increase in guests travelling from the southern states have plumped up the summer bookings at the Ritz-Carlton, Grand Cayman, so much so that it looks as if 2014 will be the busiest year the resort has ever had. “We did not see it coming,” General Manager Marc Langevin […]

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