Tag: Pageant Beach Hotel
Pageant Beach Hotel got CI$10M duty waiver
(CNS): Documents released by the finance ministry have revealed that the developers behind the proposed hotel on the Pageant Beach site in George Town were given a 100% duty waiver on the project for up to $10 million worth of goods. CNS has been battling for a year to get access, via a freedom of […]
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 […]
Hyatt returning to Cayman as new hotel’s brand
(CNS): Hyatt Hotels has revealed that its brand is coming back to Cayman after it announced a deal with Pageant Beach Hotel Ltd, which received planning permission last week for a ten-storey, 351-room hotel on the George Town waterfront site at the southern end of the West Bay Road. Although there were some objections about the […]
