Tag: Grand Hyatt Grand Cayman Hotel and Residences
Dart applies to renovate old Hyatt resort
(CNS): A planning application by one of the Dart Group of companies has been submitted to renovate the former Hyatt Regency Hotel. The property was acquired by Dart Realty from the previous owner, Embassy Investments Limited, in March 2016 when the local developer bought all of the land associated with the resort. But the bulk […]
Dart appeals not to be held by Britannia rights
(CNS): A lawyer representing two of Dart’s multiple companies argued before the Cayman Islands Court of Appeal on Wednesday that his clients should not be held to homeowners’ rights made decades ago in connection with a hotel that no longer exists. Jonathan Seitler QC claimed that the trial judge had come up with unusual interpretations […]
Dart bound by Britannia homeowners’ rights
(CNS): Around two hundred owners of residential properties in what was once known as the Britannia Resort, off the West Bay Road and adjacent to Camana Bay, have won access rights following a major court decision published this week. Following a long running legal battle between homeowners and several Dart companies that wanted to shake […]
Hotel developers borrow cash in Bahamas
(CNS): The developers behind a proposed five-star, 350-room hotel on the seven-acre Pageant Beach site at the southern end of the West Bay Road have borrowed $22.5 million from a financing company based in the Bahamas, according to a press release from the lenders. The bridge financing is coming from a fund managed by Sterling […]