THE RESIDENCES AT THE RITZ-CARLTON, GRAND CAYMAN OFFER LUXURY LONG-TERM RENTAL ‘SAMPLER’ PROGRAM

10-23-2007

GRAND CAYMAN, October 2007 – The response has been overwhelming at The Residences at The Ritz-Carlton, Grand Cayman, which is offering a Long-Term Rental “Sample” program for vacationers and business travelers.  Situated on Seven Mile Beach, the most prestigious address on Grand Cayman, potential owners can “test drive” a luxury home experience at The Residences for thirty days without further commitment.  The Residences’ luxury oceanfront homes within the $500 million Ritz-Carlton, Grand Cayman are setting a lavish new standard of living on the Caribbean’s safest island.

The Residences’ Long-Term Rental program is available to leisure and business travelers who would like to experience luxurious surroundings and accommodations, the finest furnishings, style, design and décor, around-the-clock attention of a Residential Concierge team, butler service, private entrances with elevators, 24-hour valet parking and security and privileged access to all the Ritz-Carlton, Grand Cayman resort’s facilities, services and amenities.

 

“The Long-Term Rental program allows potential owners to take one of the Residences for a ‘test drive,’” said Mike Ryan, owner and developer of The Residences at The Ritz-Carlton, Grand Cayman.  The only way to fully understand the unparalleled lifestyle the Residences has to offer is to sample it for yourself.”

 

The Long-Term Rental program has a minimum required stay of 30 days.  Prices range from $18,000 - $60,000 during the months of December through April (with the exclusion of the Christmas season, which is $150,000 for the month); and $12,000 - $45,000 for the months of May through November.  Long-term renters can choose from several different homes which vary from one-bedroom with 1,650 square feet, to six-bedrooms covering 9,280 square feet.

 

The overwhelming response to our Long-Term Rental program affirms there is a need in this market,” added Mr. Ryan.  “Long-Term samplers get to stay in a vacation home that has a value up to $300,000 per month at peak times.”

 

Some of the special amenities that Long-Term Renters have access to include professional instruction at the Nick Bollettieri-designed tennis center, treatments at the 20,000 square-foot Silver Rain, a La Prairie spa, and use of its adjacent fitness center. Renters can also take advantage of the Ambassadors of the Environment by Jean-Michel Cousteau family program and shop Tiffany & Co – the only luxury jewelry retailer of its kind in the Caribbean.    They can also enjoy fine dining at Blue, the on-property restaurant by Eric Ripert of New York’s top-rated Le Bernardin. 

 

For more information on the Long-Term Rental program, please call Kelsey Mayabb at (345) 325-6810 or visit www.residences-cayman.com.

 

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About The Ritz-Carlton, Grand Cayman

Spanning 144 acres sea to sea from Seven Mile Beach to the North Sound of one of the Caribbean’s most serene and prosperous islands, The Ritz-Carlton, Grand Cayman unites the top names in every field to offer its guests one-of-a-kind experiences. The $500 million resort features 365 guestrooms and suites, Silver Rain, a La Prairie Spa, five dining venues including a restaurant by Eric Ripert of top-ranking New York restaurant Le Bernardin, the island’s largest ballroom, a tennis center by Nick Bollettieri, Ambassadors of the Environment by Jean-Michel Cousteau family program and Blue Tip, a Greg Norman-designed nine-hole golf course.

 

For more information, visit www.ritzcarlton.com.

 

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