GRAND CAYMAN, Cayman Islands (MO.Properties) – Dart, (the Cayman Islands’ leading real estate developer and investor), and InterContinental® Hotels & Resorts (IHG) today announced plans for a new Hotel Indigo near Seven Mile Beach in Grand Cayman. Plans for this 282-room upscale, lifestyle hotel include multiple restaurants, an expansive pool deck and a rooftop bar with views across the Caribbean Sea. Dart and IHG plan to open the hotel as the Caribbean’s first Hotel Indigo in 2024.
Hotel Indigo is IHG’s fast-growing upscale boutique brand, designed to make travel inspiring at more than 120 locations worldwide. With hotels in culturally diverse neighbourhoods all over the world, no two Hotel Indigo properties are the same. Each hotel is part of the pulse and the rhythm of a place, drawing on the unique story of its local area to inspire every aspect of the hotel, from intriguing design to distinctive local ingredients in menus.
Subject to approval from the Central Planning Authority, the Hotel Indigo will be located to the south of the existing Kimpton Seafire Resort + Spa, also an IHG-branded property, just steps away from Grand Cayman’s famed Seven Mile Beach. Guests at the Hotel Indigo will have a designated beachfront area on land owned by Dart where they can relax and enjoy the Caribbean’s year-round sunshine.
“Since opening the Kimpton Seafire Resort + Spa four years ago, we recognised the market interest in an off-beach, boutique hotel,” said Dart CEO, Mark VanDevelde. “Although COVID-19 has disrupted global travel this year, we are confident that the Cayman Islands’ natural beauty, warm hospitality and convenient location will continue to make it a sought-after destination for discerning travellers in the future.
“Dart is committed to progressing projects that provide an economic stimulus during the coming years, while economies around the world adjust to the impact of COVID-19. This project alone will create hundreds of jobs and the three-year construction window means we will be ready for better days ahead.”
“We are excited to build on our successful relationship with Dart and bring the Hotel Indigo brand to the Caribbean,” said Julienne Smith, Senior Vice President of Development, Americas for IHG. “Travellers to the Cayman Islands are looking for more than a beach – they’re seeking an authentic experience with style that reflects the rich, local culture of the island itself. Hotel Indigo, trusted and well-loved by travellers worldwide, is a perfect fit for Grand Cayman and we look forward to opening the doors of this fantastic new hotel.”
Minister of Tourism, Hon. Moses Kirkconnell, welcomed the addition of the Hotel Indigo brand to the Cayman Islands, stating “Having the globally recognised Hotel Indigo brand represented in the Cayman Islands will be a wonderful addition to our tourism product, and will provide opportunities to attract visitors from new market sectors to experience the magnificence of a Caymankind vacation. The continued development of tourism properties despite the current slow-down in tourist visitation speaks volumes about the strength of our economy and is reflective of the Cayman Islands established reputation as a world-class tourism destination. Investment on this scale is also encouraging because it promises to deliver an extensive multiplier effect as its impact ripples through the community benefitting our economic, cultural and social sectors.”
Architects for the project are Atlanta-based BLUR Workshop, working with interior designers Farouki Farouki, landscape architects Hoet and Dart’s inhouse design professionals.
Dart is a global investment company founded by visionary investor and entrepreneur Ken Dart. Based in the Cayman Islands, Dart oversees a global portfolio with operating businesses in multiple industries, including real estate development, finance, retail, hospitality and entertainment. Established as a family office in the 1990s, Dart has invested more than US$1.5 billion in real estate development in the Cayman Islands to date, including Camana Bay, a 685-acre mixed-use, master-planned town, and Kimpton Seafire Resort + Spa.
As the largest private investor and employer in the Cayman Islands, Dart focuses its community development efforts on education, youth development and the environment. For more information visit https://dart.ky.