Hotel investor’s US$650M bet on Cayman’s luxury tourism future
After investing US$650 million to bring two Hyatt branded hotels to the southern end of Seven Mile Beach, it is no surprise that Sterling Global is bullish about Cayman’s tourism industry.
The real estate investment company has become one of Cayman’s biggest developers almost overnight. The company is even moving its corporate headquarters to office space in the new five-star Grand Hyatt, which is close to completion on the site of the old Pageant Beach Hotel, which burned down in 1975. For a more complete summary of the story, please see the below link:
Published on: Mar 23, 2026 01:42 PM