Ritz-Carlton, Grand Cayman Offers Residence "Sample" Program

Potential Owners Can Sample the Unparalled Lifestyle Experience

. October 14, 2008

GRAND CAYMAN, August 15, 2006. The response has been overwhelming at The Residences at The Ritz-Carlton, Grand Cayman, which is offering a Long-Term Rental "Sample" program for vacationers and business travelers. Situated on Seven Mile Beach, the most prestigious address on Grand Cayman, potential owners can "test drive" a luxury home experience at The Residences for thirty days without further commitment. The Residences' luxury oceanfront homes within the new $500 million Ritz-Carlton, Grand Cayman are setting a lavish new standard of living on the Caribbean's safest island.

The Residences' Long-Term Rental program is available to leisure and business travelers who would like to experience luxurious surroundings and accommodations, the finest furnishings, style, design and d'ecor, around-the-clock attention of a Residential Concierge team, butler service, private entrances with elevators, 24-hour valet parking and security and privileged access to all the Ritz-Carlton, Grand Cayman resort's facilities, services and amenities.

"The Long-Term Rental program allows potential owners to take one of the Residences for a 'test drive,'" said Mike Ryan, owner and developer of The Residences at The Ritz-Carlton, Grand Cayman. The only way to fully understand the unparalleled lifestyle the Residences have to offer is to sample it for yourself."

The Long-Term Rental program has a minimum required stay of 30 days. Prices range from $25,000 - $40,000 during the months of December through April; and $15,000 - $30,000 for the months of May through November. Long-term renters can choose from 19 different homes which vary from one-bedroom with 1,655 square feet, to three-bedrooms covering 3,850 square feet.

The overwhelming response to our Long-Term Rental program affirms there is a need in this market," added Mr. Ryan. "Long-Term samplers get to stay in a vacation home that has a value up to $300,000 per month at peak times."

Some of the special amenities that Long-Term Renters have access to include professional instruction at the Nick Bollettieri-designed tennis center, treatments at the 20,000 square-foot Silver Rain, a La Prairie spa, and use of its adjacent fitness center. Renters can also take advantage of the Ambassadors of the Environment by Jean-Michel Cousteau family program and shop Tiffany & Co - the only luxury jewelry retailer of its kind in the Caribbean. They can also enjoy fine dining at two on-property restaurants by Eric Ripert of New York's top-rated Le Bernardin.

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