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🔴 | Seven Mile Beach contributes $1 billion annually to the Cayman Islands economy, according to a new report that makes the case for immediate action to replenish sand lost to erosion at the iconic attraction. The socio-economic study, authored by Caribbean economist Marla Dukharan, indicates that hotels and vacation rentals at the severely impacted southern end of Seven Mile Beach are already losing money. As the beach continues to slip away, she warns that restaurants, realtors, construction firms and homeowners will also see significant erosion of their businesses. Government revenues are already impacted and will continue to diminish. Over time, she projects, the issue will influence the entire tourism industry, as well as the quality of life in Cayman. Hurricane Helene, which passed hundreds of miles to the west of Cayman earlier this month as a tropical storm, brought wave impacts that washed away sand from the already depleted southern end of the beach. Video footage taken by the Compass shows once pristine beach transformed into a Venice-style waterfront, with boats able to moor against perimeter walls of hotels and condos. 🔗 Read the full story at www.caymancompass.com. 📸 Photo: Supplied