Cayman Islands Timeshare Developer Morritt Properties Plans $58 Million Expansion
January 11, 2012 by Steve-LubaWith construction scheduled to begin no later than June, Morritt Properties plans to invest some $58 million during the next five to 10 years in order to expand its East End resort development on Grand Cayman island.
According to a report in cayCompass.com, Morritt Properties has set a goal of doubling time-share ownership to more than 30,000 members.
“I’m so excited about the future,” owner David Morritt said in a news release. “We’ve had a brilliant year, and it’s only going to get better.”
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