Sales of the Grand Hyatt Grand Cayman Residences project are surging, Caribbean Journal has learned. 

The new project on Seven Mile Beach has sold more than 49 condominiums, bringing the sales total to more than $100 million, according to real estate firm Waypoint Real Estate.

That means more than 60 percent of all units have been sold at the real estate component of the property, which launched construction in December 2019. 

The units are part of the wider Grand Hyatt Grand Cayman residential resort development, which is targeting a completion date of 2022 on the island’s renowned Seven Mile Beach. 

Amenities at the Grand Hyatt will range from six dining concepts to a 12,000-square-foot, indoor-outdoor spa to three swimming pools. 

It’s part of a hotel development boom in the Cayman Islands, a number of new properties in the pipeline from brands like Mandarin Oriental and Hilton, among others.

And it’s another new project for Hyatt, which is continuing to expand its footprint in the wider Caribbean, including its most recent launch, the Hyatt Regency in Puerto Rico.

For more, visit the Grand Hyatt Residences in Grand Cayman.

— CJ

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The highly-anticipated new all-inclusive Royalton Grenada has officially opened its doors on the island’s Magazine Beach. 

The new Royalton, set at the former Grenadian by Rex Resorts property, is a major infusion of energy into Grenada’s tourism sector. 

The 261-room, family-friendly property, divided into a traditional wing and a Diamond Club, has five dining concepts, including Gourmet Marche, Grazie Trattoria, Taj Indian Cuisine, Ma Maison and Caffe Lounge. 

That’s along with six bars and lounges: a lobby bar, Mix Martini, DIPS Pool Bar, Chill Pool Bar, Nibbles, Sands Beach Bar and a pair of Diamond Club options, with a club lounge and an exclusive pool bar. 

There’s also a wellness destination, The Royal Spa, with a wide range of treatments.

Of course, Magazine Beach is arguably the greatest amenity, with the resort in a plum perch on what is one of the best beaches in Grenada.

It’s the latest Royalton to debut in the Caribbean since last year’s launch of the Royalton Antigua, another new opening for the fast-expanding Canadian all-inclusive resort brand. 

Last year, 17,911 Canadians visited the tri-island destination, an increase of more 3.2 percent compared to the previous year, according to newly-released data from the Caribbean Tourism Organization. 

Overall, Grenada reported 162,901 stayover visitor arrivals to the destination last year, an improvement of 1.2 percent from 2018. 

The brand now has 16 properties in the wider Caribbean-Mexico region, including locations in Cuba, the Dominican Republic, Antigua, Saint Lucia, Jamaica, Mexico and now Grenada. 

Its entry to Grenada comes as a result of a wider expansion by parent company Sunwing that included a strategic alliance with Rex Resorts in the region. 

The Royalton Grenada is now the largest resort in Grenada, followed by the Sandals Grenada, the property that almost single-handedly turned around the island’s tourism fortunes when it opened back in 2014. 

Grenada will also soon see the debut of another top resort, the Kimpton Kawana Bay hotel, which is slated to open its first phase later this year on Grand Anse Beach. 

For more, visit The Royalton Grenada Resort and Spa. 

— CJ

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