Grand Cayman Marriott Beach Resort up for sale

CBRE Hotels has been tapped to market the Grand Cayman Marriott Beach Resort for sale, reports the Caribbean Journal. The 295-room, five-story property is located on 300 feet of beachfront on Seven Mile Beach in Grand Cayman. A possible sale price was not disclosed.

CBRE Hotels’ Christian Charre, Paul Weimer and Natalie Castillo are marketing the property, along with BluePoint’s Fleur Vagniez.

“The Cayman Islands are one of the most popular destinations in the Caribbean, renowned for its beautiful beaches, world-class diving and off-shore banking sector,” said Weimer, VP of CBRE Hotels. “This a fantastic opportunity for a value-add investor to capitalize on strong market fundamentals and acquire the most desirable resort in Grand Cayman at a significant discount to replacement cost. There are also no more developable tracts of land on Seven Mile beach, making this a truly irreplaceable property.”

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


The property, first built in 1990, last underwent a $15.6-million renovation of rooms and public spaces that wrapped at the end of last year.

Suggested Articles

Many hotel owners will find themselves in the uncomfortable and unfamiliar position of deciding on a course of action for negotiating with their lende

For the week of Sept. 6-12, occupancy reached 48.5 percent, down 1.6 percent from the previous week.

Tisch joined Loews Hotels & Co in June 2017 from Loews Corp., where he was a VP.