Jaguar Resorts Seeks Latin American Purchase

4th Nov 2004

Resorts, Inc. a developer of luxury membership
resort and spas today announced it has begun due diligence to purchase a
luxury resort in Latin America/Caribbean. This is a well known operating
resort with prestigious clientele. The mission of Jaguar Resorts is to be the leading developer of fractional
interest in real estate resort properties throughout Latin America and the
Caribbean. 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.

Jaguar Resort’s seasoned management team has identified an accelerating
trend among affluent travelers and health enthusiasts in the desire to own
high end fractional interests in destination locations throughout Latin
America. That trend has proven to be a very cost effective ownership and
vacation solution.


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