Ogier has acted for Seven Mile Suites, Ltd. in the sale of the Comfort Suites Hotel & Resort at Seven Mile Beach, Grand Cayman to Dart.
The Ogier team was led by partner James Bergstrom and included senior associate Cynthia Anandajayasekeram and associate Jasmin Matthews.
The sale adds the Comfort Suites Hotel & Resort to Dart's existing hospitality portfolio, which includes the Kimpton Seafire Resort + Spa, the Ritz-Carlton, Grand Cayman, the former Hyatt hotel and Grand Cayman Beach Suites resort.
James Bergstrom, who heads Ogier's Cayman office, said: "We were very pleased to act on the sale of this hotel. With the hotel having built an excellent reputation over the past 20 years and a highly dedicated team, 90% of whom are Caymanian, it is a real Cayman success story. We look forward to seeing what the next chapter brings."
This deal builds on a series of high profile corporate transactions in the Cayman Islands that Ogier has advised on over the past year.