Chamber of Commerce Pandemic Impact Survey

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COVID-19 Pandemic Impact Survey Conducted 26 Oct. – 2 Nov. 2020 - 111 completed


Position

Executive Management (owner/director)

Management

* Based on 104 responses


Industry Sector Financial Services Construction/ development/real estate Hotel/villas Tours/attractions Car rentals Restaurant/Food & Beverage supplier Merchant/Retail Wholesale Business Services Health Care School/ Education Facility Non-profit/association Other

* Based on 111 responses

“Other� breakdown Wedding & Event Production 1 Watersports/fishing 3 Fitness and wellness 2 Photographer 2 Renewable 1 Retreats, and workshops 1 Snack cart at St. Matthew's University 1 Medical Tourism 1 Water Utility 1 Travel Agency 2 Beauty Salon 1 Retail, Tourism 1 Marine Services 1 Education/Healthcare 1 Aviation Safety and Security 1


My business is located George Town West Bay Bodden Town

East End North Side Cayman Brac

Little Cayman Multiple Districts Virtual (online)

* Based on 111 responses


My business’ customers are Residents

Visitors

Offshore

Combination

* Based on 111 responses


In March 2020, my business employed Fewer than 5 employees Between 5 and 15 employees Between 16 and 25 employees Between 26 and 50 employees Between 51 and 100 employees 101 employees or more

* Based on 111 responses


My business currently employs No change from March 2020 Fewer than 5 employees Between 5 and 15 employees Between 16 and 25 employees Between 26 and 50 employees Between 51 and 100 employees 101 employees or more

* Based on 110 responses


Is your business directly threatened due to the impact of the pandemic?

Yes

No

* Based on 110 responses


If your business is threatened, what is the degree of risk?

Mild (minor disruption to business)

* Based on 84 responses

Moderate (some disruption to business)

Severe (serious disruption to business)

Extreme (potential business closure)


Assuming the current situation continues (limited air arrivals, no cruise arrivals and quarantine restrictions etc.) which of the following best describes your plans for your business? I will close or very likely close by the end of the year I will downsize or make other adjustments and will try to survive until the economy recovers I will seek additional Government or private financial assistance

I will sell

I will not make any changes

* Based on 83 responses


How many Caymanians or permanent residents are at risk of being laid off or terminated in your business in the next three months?

None

* Based on 82 responses

1-3

4-6

7 - 12

13 - 24

25 - 50

51 - 100

+ 100

Prefer not to say


Do you support reopening Cayman’s borders to visitors under strict testing, quarantine and monitoring conditions? Yes

No

Undecided

* Based on 107 responses


Thank You for your attention


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