Westin Grand Cayman

The Westin Grand Cayman Seven Mile Beach Resort & Spa, formerly the Westin Casuarina, is a resort hotel on Seven Mile Beach on the island of Grand Cayman.

History

Construction of the $50-million Grand Cayman Marriott Beach Resort was announced by Kentucky-based hotelier Columbia Sussex in November 1994.[1] Before opening, the property's Marriott affiliation was replaced with Westin Hotels.[2] The resort opened in December 1995.[3]

In 2010, the resort was reported to be facing foreclosure as demand was in a slump and Columbia Sussex struggled under $2.4 billion of debt.[4] By February 2011, local company WMC and American hotel operator Pyramid Hotel Group had been appointed receivers of the property, and Columbia Sussex was no longer involved.[5]

References

  1. ↑ "Cayman Islands". Caribbean Update. December 1, 1994.  – via Factiva (subscription required)
  2. ↑ "Westin to manage Grand Cayman's largest hotel". Travel Agent. April 17, 1995.  – via Factiva (subscription required)
  3. ↑ "Westin Hotels & Resorts announces the opening of the Westin Casuarina Resort on Grand Cayman's Seven Mile Beach" (Press release). Westin Hotels & Resorts. December 19, 1995.  – via Factiva (subscription required)
  4. ↑ "Columbia Sussex may face foreclosure in Caymans". Bloomberg News. October 28, 2010. Retrieved 2013-04-13.
  5. ↑ "Westin resort survives under co-receivers". Cayman News Service. February 16, 2011. Retrieved 2013-04-13.

External links

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