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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