Acquisitions & Hotel Openings

Margaritaville Beach Resort Grand Cayman Moves into Soft Opening, Welcoming First Guests

New 285-Room Destination Resort Greets Travelers as Doors Open;

GEORGETOWN, KY. March 30, 2017 – Margaritaville Beach Resort Grand Cayman, a new resort situated on the picturesque Seven Mile Beach in Grand Cayman, has welcomed its first guests, the Huff family (pictured left). As part of its soft opening, select guestrooms are now open, as are the resort’s unique open-air lobby, License to Chill® Bar, Margaritaville Coffee Shop® and 5 o’Clock Somewhere Bar & Grill.

“We are delighted to welcome travelers to Margaritaville Beach Resort Grand Cayman, and excited to show the results of incredibly hard work that has taken place over the past year here,” said Howard Sitzer, chairman and CEO of HHG, the ownership group behind Margaritaville Beach Resort Grand Cayman. “We look forward to welcoming locals and tourists from afar to this very special resort, which is truly a piece of paradise.”

Margaritaville Beach Resort Grand Cayman is slated to be fully operational in Fall 2017. Once complete, the resort will feature 285 guestrooms; three pools, including an activity pool with a waterslide, a large pool with a swim-up bar and a zero-entry kiddie pool area, and an adult-friendly pool; live entertainment; retail shops; a complimentary kid’s club; a 24-hour fitness center and an-onsite Red Sail Sports Desk. An impressive food and beverage line-up will introduce three first-ever concepts – YARA, Spread and Banana Wind Café. The new Margaritaville Beach Resort Grand Cayman is bringing a coastal-inspired, laid-back vibe to Grand Cayman’s thriving hospitality scene, with elements that capture and embrace the local island culture.

For more information, visit www.MargaritavilleResortGrandCayman.com.Follow Margaritaville Beach Resort Grand Cayman on Facebook at www.Facebook.com/MargaritavilleBeachResortGrandCayman and on Twitter and Instagram @Mville_Cayman.

About Margaritaville Beach Resort Grand Cayman

Margaritaville Beach Resort Grand Cayman is a new full-service destination beach resort set on the island’s award-winning Seven Mile Beach. Featuring a coastal-luxe design inspired by the lyrics and lifestyle of singer, songwriter and author Jimmy Buffett, the property is the result of a year-long, multi-million-dollar renovation project led by owner Howard Hospitality Group (HHG). Margaritaville Beach Resort Grand Cayman features 285 guestrooms, three pools, a swim-up bar, live entertainment, a fitness center, retail shops and flexible meeting and function space. The resort appeals to varying taste buds with a License to Chill lobby bar, Margaritaville Coffee Shop, three meal-a-day Banana Wind Café, Spread charcuterie and wine bar, and signature restaurant, YARA, which means “the place” to the native Taíno people of the Caribbean. Margaritaville Beach Resort Grand Cayman is a part of Margaritaville's growing collection of hotels and resorts. Today, the global lifestyle brand features nine destination resorts/hotels across the Southeast United States and Caribbean and eight additional locations in active development.

Media Contact:
Hemsworth Communications
MVGrandCayman@HemsworthCommunications.com
954-716-7614

Coming Up In The September Online Hotel Business Review




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Feature Focus
Hotel Group Meetings: Blue Skies Ahead
After a decade of sacrifice and struggle, it seems that hotels and meeting planners have every reason to be optimistic about the group meeting business going forward. By every industry benchmark and measure, 2017 is shaping up to be a record year, which means more meetings in more locations for more attendees. And though no one in the industry is complaining about this rosy outlook, the strong demand is increasing competition among meeting planners across the board – for the most desirable locations, for the best hotels, for the most creative experiences, for the most talented chefs, and for the best technology available. Because of this robust demand, hotels are in the driver’s seat and they are flexing their collective muscles. Even though over 100,000 new rooms were added last year, hotel rates are expected to rise by a minimum of 4.0%, and they are also charging fees on amenities that were often gratis in the past. In addition, hotels are offering shorter lead times on booking commitments, forcing planners to sign contracts earlier than in past years. Planners are having to work more quickly and to commit farther in advance to secure key properties. Planners are also having to meet increased attendee expectations. They no longer are content with a trade show and a few dinners; they want an experience. Planners need to find ways to create a meaningful experience to ensure that attendees walk away with an impactful memory. This kind of experiential learning can generate a deeper emotional connection, which can ultimately result in increased brand recognition, client retention, and incremental sales. The September Hotel Business Review will examine issues relevant to group business and will report on what some hotels are doing to promote this sector of their operations.