The Cayman Islands Airports Authority (CIAA) has announced plans to expand of the terminal facilities at the Gerrard-Smith International Airport on Cayman Brac to accommodate direct international flights, a move that has been sought by stakeholders on the island for a number of years and was described as very good news.
The Cayman Islands is making inroads into a growing Italian market.
Representatives from the Department of Tourism in Europe have been present at some vital industry conferences, at which interest in the destination has grown, said Don McDougall, the tourism department’s country manager for Europe. One area is discussions with airlines that may not be able to land direct for volume, cost and runway reasons.
Data through November 2011, as indicated in the above charts, show exciting growth in Cayman’s real estate business this year. There has been a significant increase in dollar amounts of sales over 2010, even though September through November of 2011 saw real estate figures drop from the highs of earlier in the year.