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Tortuga Club. The large free-form Premier Pool, with a waterfall, children’s
pool, and swim-up bar playing tropical music, is flanked with numerous
lounge chairs and umbrella-shaded tables. For a more serene experi-
ence, the garden-encircled Park Pool is ideal for swimming laps and quiet
relaxation.
Dining options are equally varied — from local, freshly caught fish
and grilled steaks at David’s Deep Blue Restaurant & Bar, which offers
both air-conditioned indoor and oceanside patio dining; to Caribbean-
inspired fare and daily happy hours at Mimi’s Dock Bar & Restaurant, a
one-of-a-kind venue encircled by the Caribbean Sea, allowing patrons
to watch fish swimming to and fro.
A full range of treatments are offered at La Mer Spa, and across the
street from the resort is a well-stocked grocery store, restaurant, and bou-
tique at Morritt’s Shopping Center. Those looking to venture beyond the
resort can visit the famed Stingray City, swimwith dolphins, snorkel, dive,
or go deep-sea fishing, all of which (and more) can be organized by
Morritt’s excursion provider, Red Sail Sports. The Cayman Islands’
capital, the bustling port city of George Town, is just a 45-minute drive
from the resort.
Major Makeover
In line with the opening of its newest property in 2014, Morritt’s has been
hard at work making upgrades and additions across the resort, including
a multimillion-dollar renovation project adding new luxury suites at
Morritt’s Tortuga Club and enhancing the rooms at both the Tortuga and
Morritt’s Grand Resort. A complete renovation of a 20-unit building at the
Tortuga Club is slated for completion in 2016, and some of the nine-unit
buildings have already been tackled.
On the resort’s grounds, several beautification and upgrade projects
have been completed, encompassing the resort’s dock and the dock
restaurant, bar, and veranda, plus other small projects planned for this
year, says Johnson. In addition, a new fitness facility was to be built out
and equipped in fall 2015, he says, and construction on the second
phase of Morritt’s Shopping Center is scheduled for this year.
A new sports bar going in across the street from the shopping center
should also be completed in 2016, Johnson says. Looking ahead, a
wastewater treatment plant is being constructed, which he says “will
significantly increase our capacity for future expansion, along with
increasing efficiency far above our current facility.”
Personal Sales Approach
Each of Morritt’s three properties is in active sales, which is fully handled
in-house. “As a result, we can control and participate in virtually every
contact a prospective purchaser has with our
resort,” says Johnson.
The property’s location on a serene, beach-
front section of Grand Cayman is especially
appealing to U.S. residents, who make up the
majority of owners and guests. “It is a safe tourist
destination with little to no crime, there are a sig-
nificant amount of reasonably priced flights to
the island, and, last but not least, the local people
are wonderful,” he says.
A personal, lower-pressure approach is
especially key at Morritt’s, he adds, as many of
its guests are repeat visitors and owners, many
who have made additional purchases. More
than half of the resort’s sales volume comes
from upgrades or purchases of additional
weeks by current owners. “We make sure that
our sales team treats everyone as if they will
see them for the next 20 years rather than as a
transient purchaser that they may never see again,” Johnson says.
Aside from the resort’s “absolutely breathtaking location” and stand-
out staff, he attributes much of Morritt’s sales success — particularly
among existing members — to developer David Morritt’s passionate,
hands-on approach. He has “continually supported [the resort] and sub-
sidized it when times have been difficult,” Johnson says, “and thus has
credibility with the resort’s ownership base.”
U.S.–Based Servicing
Another key way Morritt’s ensures that its owners receive high-quality
personal service is by running its own reservations and property manage-
ment from the U.S. Founded in 1988, Clearwater, Florida–based L&M
Solutions provides back-office service and support for approximately
12,000 owners at Morritt’s Resort. Its wide-ranging functions include
reservations, budgeting, mortgage processing, sales-inventory control,
and maintenance-fee billing, along with collections, sales support, corpo-
rate communication, and facilitating board meetings.
When Morritt’s owners do want to venture beyond Grand Cayman,
they have access to properties across the globe via
Interval International’sexchange network. As of 2015, all of Morritt’s properties
are exclusively with Interval.
“Morritt’s Resort has established a reputation as an outstanding
vacation ownership destination on Grand Cayman,” says Neil Kolton,
Interval’s director of resort sales and service for the Caribbean and
Florida. “The addition of such an outstanding Caribbean property to the
Interval Quality Vacation Exchange network is a
win-win for both Morritt’s existing owners and
exchange guests.”
New purchasers at Morritt’s are enrolled as
Interval Gold
®
members, and have the option of
converting weeks to points by purchasing a Club
Interval Gold
®
membership. Owners have been
especially receptive to the exchange flexibility
and benefits afforded to them through Club
Interval Gold membership, and sales have
exceed expectations at Morritt’s, which Johnson
also attributes to positive member interaction.
“Many of our owners are active and engaged,”
says Johnson. “They regularly vacation, and so
they see the value proposition of Club Interval
Gold.”
See page 2 for currency conversions.
Developer:
David Morritt
Location:
East End, Grand Cayman
Product:
99-year, right-to-use lease
Units:
Morritt’s Tortuga Club: nine
studios, 90 one-bedrooms, and
51 two-bedrooms
Morritt’s Grand Resort: 14 one-bedrooms
and 25 two-bedrooms
The Londoner at Morritt’s Tortuga Club: 16
two-bedrooms and four three-bedrooms
Website:
morritts.com
Social Media:
Facebook, Google+
Morritt’s Resort
fast
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