News at Dart

Hotel donates furniture to families in need

Since the Comfort Suites hotel closed for renovation in June, Dart has been working with local charities and the Ministry of Community Affairs to donate furniture and appliances from the property’s 120 guest rooms to families in need.

READ MORE

R3 Cayman Foundation begins grant application process with survey launch

R3 Cayman Foundation is finalising a grant application process and is requesting that organisations and/or individuals seeking funding complete a short survey outlining the type of assistance or services they provide in disaster preparedness, relief or recovery in the Cayman Islands. Guided by our values of innovation and teamwork, Dart remains proud to be part of the establishment of R3 Cayman Foundation. 

READ MORE

Construction poised to re-start economic engine halted by COVID-19

Work on current Dart projects resumes through phased approach

A controlled reopening of the local construction industry will start Tuesday, 19 May following the last two weeks of COVID-19 frontline testing. The Cayman Islands Government says this decision paves the way for work to begin on approved construction sites following Department of Planning inspections and health screenings.

READ MORE

Cayman Compass: Developers poised to lead economic recovery

As many as 50 major construction projects are ready to resume as soon as government gives the green light, according to some of Cayman’s major developers - including Dart.

Government has earmarked the reopening of the sector – potentially as early as this month – as a means to stimulate the domestic economy.

READ MORE

R3 Cayman Foundation launches as private sector foundation for disaster Readiness, Relief and Recovery

While there is still much global uncertainty caused by the COVID-19 pandemic, Dart’s commitment to the Cayman Islands remains steadfast. Guided by our values of innovation and teamwork, we are proud to to be part of the establishment of the R3 Cayman Foundation. We believe that by pooling resources and expertise, the private sector can leverage its strengths to complement the Cayman Islands Government-led efforts and make an invaluable contribution to each of the three islands’ preparation, response and resilience in times of national emergency. 

READ MORE

Dart prepares for extended period without overseas visitors

As COVID-19 continues to devastate the global travel industry, it has become clear there will be an extended period of time before we can expect visitors to start returning to the Cayman Islands. The Government has indicated that Cayman’s borders will remain closed for several months and that tourism is unlikely to pick up much before the end of the year. Businesses are advised to plan accordingly. 

For the hotels in Dart’s hospitality portfolio, we are faced with some difficult decisions. When our properties closed to guests in March, we had hoped our commitment to continue to pay employees for 10 weeks would be enough to weather the storm. Unfortunately, it now seems the hotels will be closed for a significantly longer period of time.

READ MORE

CEO perspective: Optimism and investments as a catalyst

By: Mark VanDevelde, Dart CEO

In just a few months, COVID-19 has changed our world dramatically, and we have had to adapt quickly to a new way of working and living. Although much is still unknown about the virus and the extent of the global economic impact, I am confident we have many reasons for optimism about the long-term future of our business and our community.

READ MORE