The Grand Caymanian Ltd., a Grand Cayman -owned hotel and resort Development Company has announced plans to convert The Grand Caymanian Resort (formerly Ramada) into Holiday Inn Resort Grand Cayman.

The 117-room Grand Caymanian Resort is located at 278 Crighton Drive, directly on the North Sound behind the North Sound Golf Club. The resort will undergo a variety of modifications designed to meet the high standards of the franchise’s parent company Intercontinental Hotels Group (IHG) and the Holiday Inn Resort Collection which will be completed for the upcoming tourist season.

“Travelers have grown to expect the high level of comfort and service associated with the Holiday Inn Resort brand,” said Brooke Meyer, Director of Sales and Marketing for the Grand Caymanian Resort. “We are excited to operate under the Holiday Inn Resort flag, and guests will appreciate the new value-added service and amenity offerings provided by our resort.”

Enhancements to the interior and exterior of the resort are being made to provide guests with the amenities and services they have come to expect, including free Wi-Fi access in all guestrooms, public areas and meeting spaces, expanded food and beverage options to include a signature Breakfast Buffet and enhanced dining options such as kids under 12 eat fee, children’s activity programs, interactive water features on the main pool deck, upgraded bath amenities, upgraded meeting space and Holiday Inn Resort’s premium bedding program.

The Grand Caymanian Ltd. acquired the resort in 2010 and will convert the resort located in Grand Cayman, a popular tourist area for outdoor, beach and water sport related activities and proximate to popular Seven Mile Beach. Crestline Hotels & Resorts, a resort management company consistently ranked among the top ten hotel and resort management companies in the U.S., will serve as the hotel operator.

The resort represents The Grand Caymanian Ltd.’s foray into the Intercontinental Hotel Group (IHG) family of brands, Reginald “Choppy” Delapenha, Director/Owner, The Grand Caymanian Ltd. said “We are thrilled to bring the Holiday Inn brand back to Grand Cayman. These new agreements with an outstanding resort franchise and reputable resort management company (operator) will allow us to create an exceptional hotel to meet, work or play in – located on the desirable North Sound, one of Grand Cayman’s most ideal locations. With expanded customer benefits through the Priority Club guest loyalty program and the extensive sales, marketing and technology network IHG and Holiday Inn Resorts provides, we are poised to make a positive contribution to the local tourism industry as well as, expect both the resort and the local business community to mutually benefit from the introduction of the Holiday Inn Resort Grand Cayman.” William ”Junior” Nixon, Director/Co-Owner, The Grand Caymanian Ltd. added “We are truly excited about our new partnership with this prestigious brand and resort management company and look forward to continuing to provide Caymanian hospitality.”

About The Grand Caymanian Ltd.

The Grand Caymanian Ltd. is a Caymanian owned Resort Development Company. The company is currently engaged in an aggressive expansion strategy, seeking value added and opportunistic investment opportunities in select service hotels.

About Holiday Inn

With over 1,200 hotels worldwide, Holiday Inn® is the most widely recognized lodging brand in the world. Holiday Inn provides the services that business traveler’s need, while also offering a comfortable atmosphere where all people can relax and enjoy amenities such as restaurants and room service, swimming pools, fitness centers and comfortable lounges. The casual atmosphere and amenities such as meeting and on-site business facilities, KidSuites rooms and, Kids Eat and Stay Free programs, demonstrate the long-standing commitment of Holiday Inn Hotels and Resorts to serving travelers and have helped to establish the brand as “America’s Favorite Hotel.” And now, Holiday Inn is ranked highest in guest satisfaction among midscale full service hotel chains, according to the J.D. Power and Associates 2011 North America Hotel Guest Satisfaction Index StudySM.

About Intercontinental Hotel Group (IHG)

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organization with nine hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, as well as the two newest brands, EVEN™ Hotels and HUALUXE™ Hotels & Resorts. IHG also manages Priority Club® Rewards, the world’s first and largest hotel loyalty program with over 67 million members worldwide.

IHG franchises, leases, manages or owns over 4,500 hotels and more than 666,000 guest rooms in nearly 100 countries and territories.