News

Grand Caymanian, Interval Sign Long-Term Agreement

By: Caribbean Journal Staff - November 24, 2017

By the Caribbean Journal staff

Global vacation ownership giant Interval International has entered into a multi-year affiliation agreement with West Bay Hospitality, a subsidiary of investment firm Singerman Real Estate for the Grand Caymanian Resort in Grand Cayman, Cayman Islands.

“We are truly excited to be investing in the Grand Caymanian Resort and thrilled to be a part of this community. We envision improving the owner experience by providing great service and making capital improvements to the asset,” said Seth Singerman, president and managing partner of Singerman Real Estate.

The property, located minutes from Seven Mile Beach, includes a range of one and two-bedroom units with full kitchens, dining and living areas and whirpool tubs in each bathroom.

“Opportunities in shared ownership continue to be compelling as resorts operating in the region enjoy high-occupancy levels and strong demand among prospective buyers and current owners,” said David C. Gilbert, Interval’s president. “We welcome this well-established firm to the industry and look forward to supporting their business as they expand operations at the resort.”

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