According to the October 2015 STR Construction Pipeline Report, there are 164 hotels totaling 28,046 rooms under contract in the combined Caribbean and Mexico region.
According to analysis of inquiries conducted by Caribbean luxury property specialist 7th Heaven Properties, demand for Caribbean real estate has doubled during the first six months of 2015 compared to the same period last year.
Li Ka-shing, Hong Kong's richest man for the past seventeen consecutive years with a reputed personal wealth of $33 billion, surprised analysts at the start of 2015 by announcing the restructuring of his vast business empire.
The Caribbean real estate market is once again catching the interest of luxury home buyers.
San Francisco-based Kimpton Hotels will manage a 263-room hotel in development on Grand Cayman, the company's first project outside the United States. The hotel on Seven Mile Beach is under development by Dart Realty and is scheduled to open in 2016.
(Grand Cayman Island) -- Despite receiving a negative label in the recent US presidential race as a 'safe haven for tax dodging rich politicians' (as some tried to paint Mitt Romney in 2012); the Cayman Island's hedge fund eco-system is thriving today.
Camana Bay in the Cayman Islands is emerging as a new commerce center for the finance and insurance industries. The newest office building is 94 Solaris Avenue,