Jaguar Plans Early Marketing of Alta Mira

3rd Sep 2004

Resorts, Inc. a developer of luxury membership
resorts and spas today announced plans to begin marketing its resort
haciendas as early as December. Ben Gallagher said, “We hope to begin
pre-sales before Christmas.” Phase I of the membership haciendas will
encompass 72 1/10th of a year membership fractions. In addition, the
company will begin selling memberships to its planned 40,000 square foot
spa to potential regional members. Destination Club Partners ( ), a resident
club marketing and sales firm has been hired by Jaguar Resorts to develop
pricing strategies, velocity of sales, and other sales programs for the
San Miguel project. Destination Club recently completed pre-sales ahead of
schedule of 72 fractional interests for $25,000,000 in a similar project
in Puerto Vallarta.

Jaguar’s Alta Mira Resort & Spa has plans for an 80 unit 5 Star Suite
Hotel, a 40,000 square foot spa, 64 fee simple condominium units, and 60
one acre haciendas. Located in San Miguel de Allende, Mexico, this is the
first project in a number of similar projects that the resort company
plans for Latin America.

The mission of Jaguar Resorts is to be the leading developer of fractional
interest in real estate resort properties throughout Latin America. The
company has excellent hotel and spa relationships and a team in place to
fully realize the company’s strategic goals. It is led by Clyde E. Culp
III, former CEO of Embassy Suites and past President of Holiday Inns.



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