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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’s

exchange 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

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