Cayman stay-overs at decade-long peak

Cayman stay-overs at decade-long peak

More people now staying over on the Cayman Islands than at any point since 9/11, say tourism chiefs

The number of stay-over Cayman tourists has reached its highest level than at any point since the terror attacks of September 11, 2001, Crown World (www.crownworld.com) can report, which should be of interest to those that are looking for Cayman land for sale. 

Tourism officials have confirmed that more than 309,000 visitors stayed over on the island in 2011. This represents not only a 7.2 per cent improvement on 2010, but is also the best figure for visitor stay-over arrivals to be recorded in the Cayman Islands for a decade. The monthly year-on-year statistics were also positive, with some 33,353 people arriving on the island on a stay-over basis in December 2011. This compares to 31,391 visitors during the same month a year earlier, which translates into a 6.3 per cent rise.

Reflecting on the most recent figures, which only further affirms the continued positive trends for those with an eye to land investments Cayman Islands, Premier McKeeva Bush pointed to the fact that the figures for stay-over arrivals on the island have now been positive for the last 16 consecutive months.

Mr Bush added: "Stay-over tourism arrivals have also been positive for 26 months out of the last 28. So out of the last 2 years and 4 months we have been positive for 2 years and 2 months, when many other destinations have actually had negative arrival figures."

The figures augur well for those who would like to buy land Cayman Islands, with the Premier pointing out that of the 24 other destinations in the Caribbean that report their arrival statistics, increases in stay-over arrivals of more than 7 per cent were reported by just four of those that reported through September 2011. Indeed, only Cuba and Curaçao registered a greater level of improvement than the Cayman Islands.

Mr Bush went on to hail the positive numbers as a sign of the success and strategies that have been initiated by the government of the islands, not only in response to the global recession of recent years, but also as a result of a particularly strategic and long-term approach that the current administration has taken, mindful of the importance of tourism.

The resurgent stay-over arrival figures are just one piece of good news among many for the continued development of the islands, with the increasing health of the Caymans' tourist sector spelling out good news for eager real estate investors. By taking the opportunity now to invest in Caribbean land in the Caymans, ambitious investors can expect increases in opportunities and revenue, with the islands having also been named the number one destination in the Caribbean by users of the TripAdvisor website.

To find out more about Cayman land investments, visit http://www.crownworld.com.