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Cayman Islands Product Update

Cayman Islands Product Update

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Cayman Islands Product Update

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  1. Cayman Islands Product Update Second Quarter 2008

  2. Agenda • Accommodation Update • Current Statistics • Current Room Stock • Occupancy Statistics • New Properties • New Developments • Product Enhancement & Development • New Initiatives • Cruise Update • New Product Offerings • Tourism Attractions Board Update • National Trust Update • Camana Bay Update • Restaurants • Sister Islands Update • Events

  3. ACCOMMODATION UPDATE

  4. Current Statistics

  5. Current Room Stock*GCM, CYB, LYB • Based on available bedrooms, as of April 17th 2008

  6. Occupancy StatisticsGCM, CYB, LYB

  7. New Properties

  8. Pease Bay House - BT • 4 bedrooms & Children's den & baby room • 5.5 bathrooms • • Living room with piano • • Fully equipped kitchen • • Separate formal dining room• TV, Central air, high speed internet • Large patio with horizon pool, dining area & BBQ, Private tennis court

  9. Pelican Point - NS • 4 bedrooms, 4 bathrooms • • Living/dining room with Sat. TV, & high speed internet • Fully equipped kitchen • • Fully air conditioned and ceiling fans• Large patio • • Separate BBQ area

  10. Halycon Days - NS • 2 bedrooms & den, 2 bath • Living/dining with Cable TV, internet access • Full kitchen • • Veranda with pool, outside BBQ • Boat dock

  11. New Developments

  12. Further updates • Treasure Island Hotel has re-opened • Hyatt Beach Suites has been renamed - Grand Cayman Beach Suites • Brac Inn Hotel (proposed to open January 2009) - 32 rooms, located on southwest side of Cayman Brac

  13. Ritz Carlton Development • 2 phase development along the golf course • Phase 1: Deck Houses; Phase 2: Secret Harbour (120 condos) • Future phases include a yacht marina with more condos, restaurants, bars and shops. • Another 230 acres acquired – initial plans indicate 9 hole golf course added to the Ritz’s current 9 holes course.

  14. PRODUCT ENHANCEMENT & DEVELOPEMENT

  15. Cruise Update

  16. Berthing Facilities • CIG officially committed to the strategic decision of separating the cargo and cruise operations. • Cargo dock to be moved to another area of George Town to facilitate the construction of the cruise ship berthing dock at the current cargo dock.

  17. Berthing Facilities cont. • Negotiations are ongoing with Atlantic Star Ltd. and as a result a more strategic approach is being pursued. • This includes: • Reaching an agreement to satisfy local requirements for a thorough environmental impact assessment. • Agreeing to maintain berthing facilities within the immediate GT harbour area. • Increasing the space allotted for managing cruise passengers and thereby improving the visitor experience and • Agreeing to build the facility sufficiently strong to withstand major storms

  18. Nickelodeon Family Cruise • Nickelodeon and Royal Caribbean International have introduced a seven-day family cruise and has scheduled its inaugural trip for August 2008. • Impressed with what the Cayman Islands had to offer they have included Grand Cayman on their itinerary. • Only one trip is currently scheduled while the company assess the interest shown. • The “Nickelodeon family Cruise with Royal Caribbean” will feature Nickelodeon activities and entertainment such as live game shows featuring the Nickelodeon slime, visits with kids' favorite characters like Dora the Explorer and SpongeBob SquarePants.

  19. New Product Offerings

  20. Cayman Airways Update CAL launches Brand Enhancement Campaign • Monday, November 5th 2007 introduced a newly enhanced livery of one of its 737-300 aircraft. • Over the next year other aircraft will get new identity • Other aspects of the brand enhancement campaign, such as uniforms, stationary, business cards, ticket counters, web-site, advertisements, vehicles and signage will be gradually updated according to replenishment needs.

  21. Owen Roberts Int’l Airport Expansion • Preparatory phase underway • Facility being modernised to improve aesthetic appeal and to expand passenger and airline capacity. • Completion of these expansions for commercial airlines will also facilitate a move towards establishing facilities for charter jets. • Following preparatory phase the project will be conducted in 3 phases. • Phase 1: expansion of the ticketing hall; construction of a domestic terminal; and a new arrivals and departure hall behind the existing ticketing hall. • Phase 2 (early 2009): construction of the new departure hall on the 2nd level and the installation of 4 jet bridges • Phase 3 (completion 2010): modification to areas of the existing building such as the airlines offices.

  22. The National Gallery - New Facility • To date over 1.9 million dollars (financial goal is $2.5 million) raised • Building slated for construction in early 2008 • Site just off the Esterley Tibbetts Highway near the Harquail Theatre. • Hoped that the building will be ready for occupancy by fall 2009 (September).

  23. The National Gallery - New Facility cont. • The larger facility will enable the gallery to host wider and more diverse types of functions and exhibitions. • The new gallery will as host a permanent display area for Caymanian Art. • Will also allow for the educational centre and classrooms to be housed on the same premises. Artist Rendition of New Gallery

  24. Cayman Islands National Museum • Soft opening – November (building will be opened for guided tours of the structure). • Jan 2009 the full opening with all exhibits in place

  25. The Santa Clara • 115-foot replica of a 15th century Columbus sailing ship - Also known as the Nina II • Now available for day sailing trips, sunset cruises and private charters in the calm waters of the North Sound. • Seating for 100 people • Down below, the authentic 15th century exterior hides an 800 square foot air-conditioned main salon and galley, which is finished in wood, granite and marble from Brazil, and boasts modern male and female restrooms. • In the salon, guests can relax, have a drink and a snack, shop for souvenirs or, on two flat screen TVs, watch a video of the ship being built in the Brazilian jungle. • Contact: www.thenina.com or (345) 926-5000.

  26. Santa Clara cont.

  27. Governors Square A new development opposite the Governor’s House on West Bay Road is now offering: • Balaclava Jewellery • Lux Life • Atlantic Department Store • Bon Vivant, an upscale kitchenware store • Wine Down Market • Spa de Sol and a branch of Butterfield Bank. • Restaurant and food options include: Wine Down restaurant and bar; Perk Up Café and Prime – a Brazilian Steakhouse Churrascaria

  28. Chauffer Unlimited Grand Cayman’s most comfortable ride specialist, providing the island with luxury transportation. Specializing in weddings, tours, airport transfer, shopping excursions, dinner parties, executive meeting transportation, and much more. Two exciting Island tours available: • 2 hr tour includes: George Town, Seven Mile Beach, Governors House, Hell and Yacht Club • 4 hr tour includes: George Town, Pedro St James, Blow Holes, Botanical Gardens, Pirate Caves. Optional for both tours – Boatswains Beach (turtle farm)

  29. Chauffer Unlimited cont. Stretch Limousine (Classic) • CI$200 for the first 2 hrs • CI$80 each add. hr Premium • CI$250 for the first 2 hrs • CI$100 each add. hr Luxury SUV • CI$80 for 2 hrs (minimum service) Lincoln Town Car • CI$72 per hr Telephone: (345) 916-7456 or (345) 926 7456 Email: llinwood@candw.ky or fax: (345) 947 5541 http://chaufferunlimitedlimo.com/

  30. Cayman In a Nutshell • New tour company • 'Nutshell' tour - Stingrays, turtles, Hell, Seven Mile Beach, and Cayman-style lunch • 'Half-shell' tour - Boatswain's Beach and Hell • 'Go East' tour - Blowholes, Queen Elizabeth II Botanic Park, Pedro St. James, Rum Point, or any combination of the sites that are only found away from the bustle of George Town. • Aquaboat adventure - Captain your own inflatable boat, snorkel at a shipwreck, stop at Seven Mile Beach or Smith Cove to stroll the white sand beaches, and see the western side of the island from the water. • www.caymaninanutshell.com

  31. Government Admin Building • Construction underway at the Elgin Avenue site adjacent to the current Government Admin building. • The $85.5 million structure • 230,000 square ft • Capable of withstanding Category Five hurricanes, earthquake force and floods up to 12 ft. • Designed to hold offices for 900 civil servants • To be completed within 34 months • Set to be the largest building in Cayman and a leading example for the region in energy efficiency, environmental performance and staff comfort.

  32. The Barcadere Marina • 16 acre waterfront property by Scotts Landing (development and management company) • Now under construction at the George Town Barcadere, at the end of North Sound Road. • Features: • In water berths for up to 85 yachts, ranging from 35ft to 150ft in length. • Dry storage accommodations for 112 boats up to 34 feet in length in our fully enclosed facility constructed to category 5 hurricane standards. • Forklifts & travel lifts. • Service center housed with technicians for boat maintenance, repairs and service. • Casual bar & restaurant.

  33. The Barcadere Marina cont. • A change room with showers and washrooms and locker systems • Haul out and boat yard services for vessels weighing up to 100 tons • Dockside fuel station with an environmentally friendly sewage pump-out service • A commercial retail building – 40,000 sq ft of available lease space • A boat sales & service center Anticipating opening the wet slips and the fuel station in late 2007 • Now taking reservations for dock space and dry storage positions • With Ipe hardwood decking on super stable fixed concrete piers located in a protected basin, and featuring the flexibility of 30, 50, 100 or 200 amp power, and water, to every dock pedestal

  34. Cayman Islands Helicopters Sunset Flights with Dinner • Land at either The Ritz Carlton or Papagallos. • You are met with champagne and escorted in for a meal. The pampering continues as your chauffeur waits to take you home. • Price starts at US$760 with Sedan car (US$840 with stretch limousine) for a couple including pick-up (George town area, south sound, Seven mile and West bay with company shuttle) helicopter ride, dinner and chauffeur back in your home or hotel. Phone: (345)525-6967

  35. Cayman Islands Helicopters cont. Private Charters Private flights for up 6 people to tour the island.  Sister Islands A short flight over to the Sister Islands. Option to experience fabulous diving on a one-day charter (always fly below 1000 feet). Charter starts at US$2700. Jamaica A weekend of golf at the White Witch in Montego Bay, Jamaica.  Package includes flight, golfing and a stay in The Ritz Carlton.  Charter also offered without the golf element.

  36. Oculus • Unique glass bottom boat excursions • A one-of-a-kind snorkeling adventure and a fast and comfortable ride out to the amazing coral reefs • 30 ft glass bottom speed boat is equipped with a unique ultra-durable bottom window shaped as an optically regular spheroid • At 2 x 3 meters, it is the biggest size in the world and can enlarge a field of view over a dozen times in comparison with ordinary glass bottom boats Coral Reef Snorkeling Excursion • interactive 2 hr adventure departing from SMB • Trained naturalists from Ambassadors of the Environment by Jean-Michele Cousteau guide the journey and give in-depth information on aquatic life and underwater eco systems before picking up speed and powering to Hog Sty Bay. • Oculus then sashays across sunken shipwrecks of the bay and colorful coral reefs before stopping for a guided snorkeling opportunity

  37. Oculus

  38. Seven Fathoms • 1st commercially made distilled rum made entirely in the CI • After the distilling process, the rum is put into oak barrels and taken out to the ocean, where it is dropped to a depth of 42 feet • Will be distilled in small batches and sold only in Cayman • The rum will be available in liquor stores after the official launch at the end of May.

  39. Tourism Attraction Board Update

  40. TAB Update The new monthly Director's Tour at the QE II Botanic Park. • Two-hour excursion personally led by the Park’s General Manager, Mr. Andrew Guthrie • Offering expert insights on what’s growing, blooming, and fruiting along the way. • Price: US$20 • Hours: 9 a.m. to 11 a.m. on the second Tuesday of each month. • Exceptions: May (Kew International Botanic Competition conflict).

  41. TAB Update cont. The "Discover the East" Adventure Card • Price:US$16 • Free admission to Pedro St. James and the Botanic Park. • Additional free gifts and discounts at 10 eastern district attractions, restaurants, and businesses.  • Available for sale throughout the island. • More info is online at: http://www.tab.ky/html/adventure.html

  42. TAB Update cont. Pedro St. James Botanic Park New Directional Signage

  43. National Trust Update

  44. National Trust Update • New rack cards for the Mission House and Mastic Trail Guided Tours in circulation • Visitor Centre rack cards in design • New street signage for Mission House and Southern Mastic Trailhead. • Signage for Northern Mastic Trailhead, George Town Visitor Centre, Governor Gore’s Bird Sanctuary will be arriving and placed shortly. • Signage will soon be in place for improvements to the Blue Iguana tour offered at the Botanic Park. Tours will be increased from twice weekly to twice daily • “Uncle Sammy’s Pond” in West Bay has been purchased and will be developed with parking and a boardwalk for public enjoyment. • The park adjacent to the Mission House is now open and includes a bird watching platform and children’s playground equipment.

  45. Harry McCoy Sr. Park - BT New Dart Park recently opened in Bodden Town, in vicinity of the Mission House

  46. Harry McCoy Sr. Park - BT Bird Watching Tower

  47. Camana Bay Update

  48. Aerial view - Camana Bay