Today, Hyatt issued a Press Release announcing the construction of a new resort in Grand Cayman which will be called the Grand Hyatt Grand Cayman Hotel & Residences:.
Hyatt affiliate has entered into a franchise and related agreements with Pageant Beach Hotel Ltd. for the 351-room Grand Hyatt Grand Cayman Hotel & Residences. The hotel will be managed by an affiliate of Aimbridge Hospitality, one of the largest independent hotel investment and management firms in North America and the Caribbean.
Grand Hyatt Grand Cayman Hotel & Residences will be located on a premium 7.1-acre site on Seven Mile Beach, an award-winning destination that is recognized as the focal point for tourists and local community activities. Situated along the southern end of West Bay Road, the hotel and residences will be located less than one mile away from George Town’s city center and only 10 minutes from Owen Roberts International Airport.
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Grand Hyatt Grand Cayman Hotel & Residences will offer 351 guestrooms, studio suites, and, one, two, and three-bedroom layouts along a seafront eco-walk that will celebrate the diverse ecology of Grand Cayman. Additional amenities include six distinct food and beverage venues, a 9,000 square feet destination spa and fitness center, three swimming pools, retail shops, kids club, and a state of the art screening room. The resort is planned to have 25,000 square feet of indoor meeting and event space, which will make it the largest function space in the Cayman Islands. An affiliate of Pageant Beach Hotel Ltd. will offer a rental program for the residences that will allow participating owners, when not occupying their residences, to have Grand Hyatt Grand Cayman rent their residences to hotel guests.
The completion date is the last quarter of 2020. No mention is made of what category the hotel will be.
You can read the Press Release here.
Are you psyched? I am!