The public is being asked to provide feedback on the proposed introduction of Daylight Saving Time in the Cayman Islands.
The government is seeking comments on Daylight Saving Time, which would mean adjusting clocks one hour forward during the longer summer months and back in the fall.
Commerce Minister Wayne Panton said for tourism, the time change would mean an increase in the time cruise ships are at port, would stimulate shopping and dining experiences, and would make the time adaptation easier for visitors.
Mr. Panton said financially the change would put Cayman more in sync with the large client base in New York, and help eliminate discrepancies in travel schedules.
“The move to DST has potential benefits for the traditional pillars of our community – tourism and financial services,” he said.
Chamber of Commerce chief executive officer Wil Pineau said the Chamber of Commerce had conducted a survey on Daylight Saving last year and had found 56 percent of respondents supported the idea of Cayman introducing the changes.
The Chamber Council shared these results with the Ministry of Commerce in early 2014. Daylight Saving Time is a subject that has been debated and discussed since the 1970s, Mr. Pineau said.
“It would be more efficient for Cayman to be in synch with New York and there would be less of a time gap between Cayman and U.K. time. As these are two important markets for the financial services industry, as well as other parts of the world that recognizes DST, it is clear why the switch to DST may be desirable for those industries,” he said.
“There seems to be support for DST, based on the fact that the tourism related businesses expect an increase in revenues as a direct result of DST. The positive economic impact on tourism related appears to be common worldwide and the result has been born out in several other countries.”
The discussion paper and online survey are available at www.dci.gov.ky. The consultation period ends Oct. 30.