Topic: resorts

East End’s Wyndham Reef resort now has a fresh look thanks to some extensive renovations. “This is the second wave of renovations now, as last year we did quite a bit of structural renovations and we are now just about finished on the next phase, which was more focused on design,” explained the resort’s general manager Sharlene Brenkus.

Whether it’s the four-star Kimpton, the three-star Margaritaville or possibly even the five-star Four Seasons brand, new brands launching in the Cayman Islands and entering our marketplace are all very good news for Cayman’s real estate industry. In addition, broadening our brand offering when it comes to new resorts is very important for the islands as a whole, for a number of reasons.

Average daily rates for Cayman’s hotels, significantly higher than most in the Caribbean, continue to rise, while average occupancy declines. But the premium price more than makes up for selling fewer nights.