Grand Cayman is having a record-breaking year regarding the number of visitors (both cruise ship and overnight) because of the extensive hurricane damage to many Caribbean destinations in 2017, see the link below.
Record 2.1 million tourists visited Cayman in 2017 | Cayman Compass
So the already high prices have escalated, especially in the Seven Mile Beach Area; but if you are willing to stay on other parts of the island (but still on/near the water) and do some driving on the left side of the road, then you can find much more reasonable accommodations, and there are shore diving options that can help to reduce the costs of diving as well.
But there is no denying that Cayman is a pricey destination, especially with the currency exchange being so tough on the Canadians right now. Also keep in mind that all rental properties charge a 13% tax and that some (not all) will add on a daily resort fee, too!
Since you are divers why not take a look at the Cayman Sister islands? Cayman Brac Beach Resort is a lovely, all-inclusive resort with good food and great diving and everything is included in the price except tips for the dive op, see below. And they should be coming out with some special promotions soon, especially for dates during the slower seasons.
Little Cayman Beach Resort's prices are a little higher - but you'll get to dive the Bloody Bay Wall!
Cayman Islands All Inclusive | Cayman Islands Vacations
The Classic Cayman
Valid for travel January 1-December 31, 2018
- 7 nights accommodations
- Breakfast, lunch, and dinner package
- 17 boat dives
- 3 drinks nightly
- Complimentary use of dive computer
- Airport ground transfers
- Resort fees, taxes, and gratuities – except dive gratuities which are NOT included
- And more
$1,875* Pool/Beach View
*All rates are per person and based on double occupancy. Please call for single and triple occupancy rates.