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Compass News
Compass News – 19 March 2026
Hazard Management Cayman Islands conducted their annual Carib Wave exercise to test its capabilities in the event of a tsunami. This year the area of focus was on the tourism sector.
The relocation of the 150-year-old Llewellyn Way house is being supported by developers and agencies including the Ministry of Culture, National Roads Authority and Caribbean Utilities Company, as efforts continue to preserve Cayman’s heritage.
Nominations are now open for the Proud of Them Awards, celebrating outstanding young Caymanians aged 10 to 25 who are making a positive impact locally and internationally.
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Cayman Compass
Hotel investor’s US$650M bet on Cayman’s luxury tourism future
After investing US$650 million to bring two Hyatt branded hotels to the southern end of Seven Mile Beach, it is no surprise that Sterling Global is bullish about Cayman’s tourism industry.
The real estate investment company has become one of Cayman’s biggest developers almost overnight. The company is even moving its corporate headquarters to office space in the new five-star Grand Hyatt, which is close to completion on the site of the old Pageant Beach Hotel, which burned down in 1975.
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