August 07 update

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Original Message:

Re: August 07 update (by Maryjane R.):

michaelf37 wrote:
It sounds to me that a lot of their plans have slowed or stalled since we bought three years ago. Do you find any trade value in this timeshare? Or are people going to The Ritz, Marriott and others instead?

Hi, Xmas festivities put my computer time on the back burner! We stayed in Grand Cayman from Nov. 10th to dec. 8th this fall with flawless weather...actually cooler than usual (what the winter visitors pay BIG for). The update from Grand Caymanian as of then...the condotel plans have been dropped, transferring any purchasers to the adjoining luxury condo being planned. The finalization of Wyndham taking over the property and mgt. is scheduled for early 2008. The second section will be marketed as timeshares. The restaurant will be phased out into something much more informal. The Kids Club will be housed in a section of the restaurant buildng, as their current space will become part of the manager's apartment. Construction of the footings for the second phase had resumed while we were there. II still considers all time at GC as red. We noticed a nice thing developing among the returning owners in our time slots...couples and families checking calendars so they would be able to connect next year. The dive shop is one of the best to use for Stingray City. The videotaping is excellent...well worth the additional fee. My sister used them this year and had nothing but praise for the entire experience. The operators are stewards of the stingrays. The units remain in great condition with quick attention to any maintenance alerts. The marketing group still promotes the addition of a lagoon type pool along the beachfront, with a boardwalk linking us to the proposed Water's Edge luxury condo complex. As for visitors going to the big name hotels...those visitors want a different vacation experience than most timeshare owners. The beach in front of The Marriot has eroded again. The Hyatt will be leaving the island as of the end of 2007. The beach at the Westin and the Ritz is still wonderful. That's about it for now! MJ