Hyatt Hotels‘ affiliate has signed a franchise and related agreements with Pageant Beach Hotel for 351-room Grand Hyatt Grand Cayman Hotel & Residences.

This hotel will be managed by an affiliate of Aimbridge Hospitality, a hotel investment and management firm in North America and the Caribbean.

Hyatt senior vice president of development David Tarr said: “We are delighted that the Grand Hyatt brand is expanding in the Caribbean, and especially in Grand Cayman where the hospitality and tourism sector is primarily aimed at the luxury market.

“The opening of this hotel will be a great addition to this popular destination, and marks the welcome return of the Hyatt brand to the Cayman Islands. Guests will experience welcoming luxury and best-in-class restaurants at Grand Hyatt Grand Cayman Hotel & Residences, while also creating memorable experiences in this breathtaking destination.”

Located less than one mile away from George Town’s city centre and only 10 minutes from Owen Roberts International Airport, Grand Hyatt Grand Cayman Hotel & Residences will be situated on a 7.1-acre site on Seven Mile Beach.

Pageant Beach Hotel chairman Howard Sitzer said: “Pageant Beach Hotel Ltd. is excited to be developing what we know will be a sought-after vacation and meeting destination, with the Grand Hyatt brand’s signature grandeur, authentic dining experiences and memorable moments of more.

“Grand Hyatt Grand Cayman Hotel & Residences will represent a unique concept in the Cayman Islands for international leisure travelers and groups looking for the ideal combination of luxury, comfort and function in their resort experience.”

Grand Hyatt Grand Cayman Hotel & Residences will provide 351 guestrooms, studio suites, and, one, two, and three-bedroom layouts . Among the additional amenities to be provided include six food and beverage venues, a 9,000ft2 spa and fitness center, three swimming pools, retail shops, kids club, and 25,000ft2 of indoor meeting and event space.

An affiliate of Pageant Beach Hotel will offer a rental program for the residences.

Grand Hyatt Grand Cayman Hotel & Residences will represent the comeback of the Hyatt brand to Grand Cayman.