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	<title>Cayman Islands Hotel &#187; cayman islands economy</title>
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	<description>A review Of Cayman Islands Hotels And Travel Packages</description>
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		<title>Cayman Islands Review</title>
		<link>http://caymanislandshotel.info/2008/09/14/cayman-islands-review/</link>
		<comments>http://caymanislandshotel.info/2008/09/14/cayman-islands-review/#comments</comments>
		<pubDate>Sun, 14 Sep 2008 17:20:11 +0000</pubDate>
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				<category><![CDATA[Cayman Islands]]></category>
		<category><![CDATA[Cayman Islands Castles]]></category>
		<category><![CDATA[Cayman Islands National Museum]]></category>
		<category><![CDATA[Cayman Islands Turtle Farm]]></category>
		<category><![CDATA[Dive Resorts]]></category>
		<category><![CDATA[East End]]></category>
		<category><![CDATA[Grand Cayman]]></category>
		<category><![CDATA[cayman islands economy]]></category>
		<category><![CDATA[cayman islands weather]]></category>
		<category><![CDATA[cayman prime minister]]></category>
		<category><![CDATA[cayman stock exchange]]></category>
		<category><![CDATA[holiday rental property]]></category>

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		<description><![CDATA[Two hundred and forty kilometers south of Cuba and 290 west of Jamaica lay an archipelago, the colony of British West Indies, which comprises three islands under the name Cayman Islands: Grand Cayman, Cayman Brac and Little Cayman.
Grand Cayman, the largest of the three, hosts almost all the 23,000 inhabitants of the archipelago, as well [...]]]></description>
			<content:encoded><![CDATA[<div class="KonaBody"><p><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'">Two hundred and forty kilometers south of Cuba and 290 west of Jamaica lay an archipelago, the colony of British West Indies, which comprises three islands under the name Cayman Islands: Grand Cayman, Cayman Brac and Little Cayman.</span></p>
<p><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'"></span><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'">Grand Cayman, the largest of the three, hosts almost all the 23,000 inhabitants of the archipelago, as well as its capital, George Town. Fishermen&#8217;s Village until two decades ago, today the city is capital of the islands and tourist centre of one of the most exclusive tourism complexes in the world.</span></p>
<p><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'"></span><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'">Apart from diving fans, which have in their island paradise, the customers are retirees with a good economic situation that come to the islands to play golf, fish or simply relax.</span><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'">All this in tranquility and monotony of the British tradition, preserved even better than in the same England.</span></p>
<p><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'"></span><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'">To play cricket, take tea in the afternoon and visit attractions quiet pubs are more hectic social life in Cayman, where there are no street vendors and the permitted speed-driving left-can hardly give more than a scare small slowdown.</span></p>
<p><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'"></span><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'">The Seven Mile Beach offers the best facilities hotel companies in the world: Westin, Hyatt, Sheraton. A square meter of land here costs what a luxury car, but buildings cannot have more than three floors, because the law requires that none protrude above the coconut trees.</span></p>
<p><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'"></span><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'">It is curious that less than twenty-five thousand inhabitants, the island have surveyed 500 banks and 18,000 businesses. The explanation is given by the second feature of the Islands: being a tax haven where there are no taxes.</span><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'">According to legend, ten ships in 1788 returned to England from Jamaica were shipwrecked on these shores and all its crew members were saved by the islanders.</span></p>
<p><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'">George III, thanks to their action, the country freed from the obligation to pay taxes to the crown.</span></p>
<p style="margin: 0in 0in 10pt; text-align: justify" class="MsoNormal"><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'">Those are the two sources of income for the islands: tourism and finance. The result is an overly quiet place without unemployment or crime in which there is a limit of 300,000 tourists a year. People think that more people could alter their lifestyle.</span></p>
<p><span style="font-size: 13pt; line-height: 115%; font-family: 'Verdana','sans-serif'">[tags]grand cayman islands,cayman islands,cayman islands vacation,cayman islands weather,cayman islands beach,reef cayman islands,cayman islands resorts,cayman islands condos,little cayman islands[/tags]<br />
</span></p>
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		<title>Is tourism important to the Cayman Islands economy?</title>
		<link>http://caymanislandshotel.info/2008/03/26/cayman-islands-economy/</link>
		<comments>http://caymanislandshotel.info/2008/03/26/cayman-islands-economy/#comments</comments>
		<pubDate>Thu, 27 Mar 2008 04:00:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[cayman islands economy]]></category>

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		<description><![CDATA[
Almost 70-75% of the annual GDP of the Cayman  Islands comes from the tourism sector. Grand Cayman is visited by almost all the tourists who visit Cayman  Island. The town is a major cruise ship port. The major attraction in Grand Cayman is the Seven Mile  Beach.  Little Cayman and Cayman [...]]]></description>
			<content:encoded><![CDATA[<div class="KonaBody"><p><!-- the great level of importance of tourism to the GDP of the Cayman Islands Economy.--></p>
<p class="MsoNormal" style="text-align: justify"><span style="font-size: 13pt; font-family: Verdana">Almost 70-75% of the annual GDP of the <st1:place w:st="on">Cayman  Islands</st1:place> comes from the tourism sector. Grand Cayman is visited by almost all the tourists who visit <st1:place w:st="on"><st1:placename w:st="on">Cayman</st1:placename>  <st1:placetype w:st="on">Island</st1:placetype></st1:place>. The town is a major cruise ship port. The major attraction in Grand Cayman is the <st1:place w:st="on"><st1:placename w:st="on">Seven</st1:placename> <st1:placename w:st="on">Mile</st1:placename>  <st1:placetype w:st="on">Beach</st1:placetype></st1:place>. <span> </span>Little Cayman and Cayman Brac are the sister concerns of this <st1:place w:st="on">Island</st1:place>, and they appeal tourists to a considerable degree. <st1:place w:st="on"><st1:placename w:st="on">Cayman</st1:placename>  <st1:placetype w:st="on">Island</st1:placetype></st1:place> is a famous for Scuba diving. <span> </span><o:p></o:p></span></p>
<p class="MsoNormal" style="text-align: justify"><span style="font-size: 13pt; font-family: Verdana">Art and Culture of this island are especially attractive for people arriving here. They are so appealing that people rediscover the lost glory of the island from these arts and crafts. There is a museum where cultural history of the island becomes conspicuous. <st1:place w:st="on"><st1:placename w:st="on">Cayman</st1:placename> <st1:placetype w:st="on">Island</st1:placetype></st1:place> attracts International attention and is one of the best places to visit. <o:p></o:p></span></p>
<p class="MsoNormal" style="text-align: justify"><span style="font-size: 13pt; font-family: Verdana">Tourism is the mainstream economy in <st1:place w:st="on"><st1:placename w:st="on">Cayman</st1:placename> <st1:placetype w:st="on">Island</st1:placetype></st1:place>. There is a luxury market in the area. Here, you can see some of the excellent sea beaches, duty-free shopping, scuba diving and deep-sea fishing. The extremely developed tourist industry, a number of jobs can be obtained in this sector. <o:p></o:p></span></p>
<p><a href='http://x.azjmp.com/1JFQM?sub=25198'><img src='http://images1.azoogleads.com/ssa/4306_banners/244925.gif' border='0'></a>
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<p class="MsoNormal" style="text-align: justify"><span style="font-size: 13pt; font-family: Verdana">Apart from tourism, shipping, cotton production and fishing are some of the major economic pillars of the country. <o:p></o:p></span></p>
<p>[tags]cayman islands economy,cayman islands gdp,cayman islands banking[/tags]<br />
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