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The Cayman Islands (/ ˈ k eɪ m ən /) is a self-governing British Overseas Territory, and the largest by population.The 264-square-kilometre (102-square-mile) territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located south of Cuba and north-east of Honduras, between Jamaica and Mexico's Yucatán Peninsula.
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
Camana Bay is a small town north of George Town, Cayman Islands. It has a transient daily population of around 2,500; and has many amenities, including restaurants, cafés, shops, a cinema, a gym, and many office blocks with a few banks. There are also a few blocks of apartments with terraced views, as well as healthcare centers and a supermarket.
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Little Cayman is one of three Islands that make up the Cayman Islands. It is located in the Caribbean Sea, approximately 60 miles (96 km) northeast of East End, Grand Cayman and five miles (8 km) west of West End, Cayman Brac. Little Cayman is the least populous island of the three, with a permanent population of about 160 (2021) including ...
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