El Banco Beach, all to yourself: The Exquisite El Banco Beach Villas — Punta de Mita, Riviera Nayarit, Mexico


Villa los Arcos - El Banco Beach Villas - Punta de Mita, Riviera Nayarit, Pacific Mexico

Villa los Arcos — El Banco Beach Vil­las — Punta de Mita, Riv­iera Nayarit, Pacific Mexico

Located within the pre­mium 100-acre ocean­front com­mu­nity of El Banco, this exquis­ite new res­i­dence is part of the first phase of an impres­sive eco-friendly, high con­cept devel­op­ment that will com­prise four res­i­den­tial areas enhanced by a lux­u­ri­ous bou­tique hotel and beach club.

Villa Los Arcos dra­mat­i­cally demon­strates the community’s sig­na­ture style, New World Span­ish Colo­nial, which blends a Pacific Mex­i­can indoor-outdoor spir­i­tual aes­thetic, which lever­ages a nearly per­fect year-round cli­mate, with the richly cul­tured ele­gance of Old World Mexico.

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Three of the four bed­room suites, the pool area, and an out­door sala all deliver this same com­mand­ing vista.

The crafts­man­ship of local masons can be seen in the hand-crafted arch­ways of the El Banco beach vil­las, custom-designed homes with views of the Bay of Ban­deras and El Banco’s long stretch of white-sand beach.

Other superb fea­tures include:

  • gourmet kitchen
  • an office
  • a total of seven bathrooms
  • staff stu­dio apartment
  • lap pool with a wrap­around deck
  • gen­er­ous stor­age and closet space.

Boast­ing incred­i­ble views and a long stretch of white-sand beach, El Banco pro­vides a mag­i­cal set­ting for an excep­tional lifestyle.

El Banco will offer a bou­tique hotel and a beach club, and is con­ve­niently located close to the Four Sea­sons / St. Regis, Punta Mita Resort, just North of Puerto Vallarta.

Villa los Arcos
http://www.lapuntarealty.com/losarcos

Villa Mirador

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Villa Mirador
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Located within the pre­mium 100-acre ocean­front com­mu­nity of El Banco, this exquis­ite new res­i­dence is part of the first phase of an impres­sive eco-friendly, high con­cept devel­op­ment that will com­prise four res­i­den­tial areas enhanced by a lux­u­ri­ous bou­tique hotel and beach club.
Perched atop a hill, Villa Mirador takes in grand views that include the beach and the Mari­eta Islands. One of the first two vil­las to be built within the excit­ing new com­mu­nity of El Banco, this four-bedroom res­i­dence boasts lux­u­ri­ous spaces com­ple­mented by incred­i­bly pris­tine surroundings.
From its checkerboard-floor log­gia to its muted-tone inte­ri­ors to its grand can­tera fire­place, this house stands as a shin­ing exam­ple of sophis­ti­cated New World Span­ish Colo­nial liv­ing, which blends a Pacific Mex­i­can indoor-outdoor spir­i­tual aes­thetic, which lever­ages a nearly per­fect year-round cli­mate, with the richly cul­tured ele­gance of Old World Mexico
The spa­cious for­mal liv­ing room invites superb enter­tain­ing, as does the for­mal din­ing room. The gourmet eat-in kitchen is a chef’s delight that enjoys lake views.
Each of the bed­room suites enjoys a pri­vate bath­room; two suites offer ocean-view ter­races, one has a pri­vate lake­side plunge pool, and another fea­tures a large rooftop terrace.
Among other impres­sive ameni­ties are an office that could become a fifth bed­room, a staff stu­dio apart­ment, seven bath­rooms, a lower-level wine cel­lar, and a large oval pool with a wrap­around deck and ocean views.
El Banco will offer a bou­tique hotel and a beach club, and is con­ve­niently located close to the Four Sea­sons / St. Regis, Punta Mita Resort, just North of Puerto Vallarta

Perched atop a hill, Villa Mirador takes in grand views that include the beach and the Mari­eta Islands. One of the first two vil­las to be built within the excit­ing new com­mu­nity of El Banco, this four-bedroom res­i­dence boasts lux­u­ri­ous spaces com­ple­mented by incred­i­bly pris­tine surroundings.

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From its checkerboard-floor log­gia to its muted-tone inte­ri­ors to its grand can­tera fire­place, this house stands as a shin­ing exam­ple of sophis­ti­cated New World Span­ish Colo­nial liv­ing, which blends a Pacific Mex­i­can indoor-outdoor spir­i­tual aes­thetic, which lever­ages a nearly per­fect year-round cli­mate, with the richly cul­tured ele­gance of Old World Mexico

The spa­cious for­mal liv­ing room invites superb enter­tain­ing, as does the for­mal din­ing room. The gourmet eat-in kitchen is a chef’s delight that enjoys lake views.

Each of the bed­room suites enjoys a pri­vate bathroom;

  • two suites offer ocean-view terraces
  • one has a pri­vate lake­side plunge pool
  • a large rooftop terrace.
  • an office
  • staff stu­dio apartment
  • seven bath­rooms
  • lower-level wine cellar
  • a large oval pool with a wrap­around deck and ocean views.

El Banco will offer a bou­tique hotel and a beach club, and is con­ve­niently located close to the Four Sea­sons / St. Regis, Punta Mita Resort, just North of Puerto Vallarta.

Please con­tact La Punta Realty — Christie’s Great Estates for avail­abil­ity and pric­ing.
rentals@lapuntarealty.com

Villa Mirador
http://www.lapuntarealty.com/mirador

Villa Los Arcos - El Banco Beach VIllas

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El Banco Estates — Large ocean­front estate lot resales
http://mexicolandcatalog.com/elbancoestates/

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At Luxury Hotels, the Recovery Is in Full Swing

By PALLAVI GOGOI
Dai­ly­Fi­nance

Just last year, the stigma asso­ci­ated with lux­ury was so great that some high-end hotels were chang­ing their names. The four-diamond Bal­lan­tyne Resort in North Car­olina renamed itself the Bal­lan­tyne Hotel and Lodge, drop­ping “resort” from its name.

Back then, Con­gress was attack­ing finan­cial exec­u­tives for enjoy­ing vis­its to resorts even while their firms were tak­ing bil­lions of dol­lars from taxpayers.

No more. Today, the winds are chang­ing — quite dra­mat­i­cally. Peo­ple are trav­el­ing and spend­ing money again, and hotels are hir­ing. That’s a reflec­tion of higher eco­nomic activ­ity, and it could be a har­bin­ger of bet­ter times to come. After all, cor­po­rate exec­u­tives are see­ing enough demand that they’re com­fort­able with open­ing up the spigot of employee travel. It also means con­sumers are get­ting more com­fort­able with spend­ing on vaca­tions again.

“The Busi­ness Trav­eler Is Back”

Accord­ing to the lat­est jobs report, the leisure and hos­pi­tal­ity indus­try hired 45,000 new work­ers in April, con­tribut­ing to the 290,000 net new jobs added last month, the high­est one-month gain in four years, accord­ing to the U.S. Depart­ment of Labor.

The recov­ery is play­ing out bet­ter than most peo­ple expected, includ­ing our­selves,” says Frits van Paass­chen, CEO of Star­wood Hotels & Resorts World­wide (HOT), the largest global oper­a­tor of lux­ury hotels, includ­ing the St. Regis and W Hotel brands.

Punta de Mita peninsula - Riviera Nayarit, Pacific Mexico

Starwood’s W Hotels saw occu­pan­cies return to near pre-financial-crisis lev­els, with gains of 28% in the first quar­ter in its top cities like New York. At its Phoeni­cian resort in Scotts­dale, Ariz., occu­pan­cies were up more than 30% in the first quar­ter. “The busi­ness trav­eler is back, and leisure trav­el­ers are reward­ing them­selves with vaca­tions to our one-of-a-kind prop­er­ties,” says Paasschen.

Indeed, these early signs of recov­ery have taken many in the indus­try by sur­prise. The hos­pi­tal­ity sec­tor made some of the deep­est cuts dur­ing the reces­sion, and few hoped for a come­back so soon. Hotels have been oper­at­ing with fewer hands — over 400,000 hotel employ­ees were laid off in the last cou­ple of years because hotels slashed costs to stay afloat as cor­po­ra­tions cut meet­ings and train­ing at hotels. Price­wa­ter­house­C­oop­ers in an out­look report said room occu­pancy will likely go up, but that the lux­ury and upscale seg­ments will con­tinue to see declines.

As Demand Recov­ers, Wage Increases Are Likely
How­ever, many hotel oper­a­tors are see­ing the high-end mar­ket bounc­ing back more quickly. Lau­rence Geller, CEO of Strate­gic Hotels and Resorts (BEE), in a con­fer­ence call with ana­lysts, pointed out that guests’ spend­ing rose at the Four Sea­sons Punta Mita, which the com­pany views as the lead­ing indi­ca­tor of lux­ury spend­ing in its port­fo­lio of hotels.

See full arti­cle from DailyFinance:

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Luxury leads occupancy increases for second week in STR weekly numbers

10 Decem­ber 2009 8:27 AM
By Rachael Spann
Com­mu­ni­ca­tions Coor­di­na­tor, STR
HotelNewsNow.com colum­nist

HENDERSONVILLE, Tennessee—The lux­ury seg­ment reported an occu­pancy increase for the sec­ond con­sec­u­tive week, ris­ing 1.5 per­cent to 61.4 per­cent, for the week end­ing 5 Decem­ber 2009, accord­ing to data from Smith Travel Research.

20091210_weekly_graphOver­all, in year-over-year mea­sure­ments, the industry’s occu­pancy fell 4.9 per­cent to end the week at 47.6 per­cent, aver­age daily rate dropped 7.3 per­cent to US$96.25, and rev­enue per avail­able room decreased 11.9 per­cent to US$45.86.

Among the Top 25 Mar­kets, Oahu Island, Hawaii, led the occu­pancy increases, ris­ing 15.3 per­cent to 74.7 per­cent. Hous­ton, Texas (-23.2 per­cent to 51.1 per­cent) reported the largest occu­pancy decrease.

New Orleans reported the only ADR increase, up 25.9 per­cent to US$150.39. San Francisco/San Mateo posted the largest ADR decrease, falling 25.9 per­cent to US$122.94.

New Orleans also had the largest RevPAR increase, jump­ing 42.4 per­cent to US$101.72. Hous­ton posted the largest RevPAR decrease, falling 34.1 per­cent to US$45.36, fol­lowed by San Francisco/San Mateo with a 33.3-percent decrease to US$70.49.

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Hotel investors tiptoe back into buying game

Want to buy a hotel? 2010 may be just the time.

Hopes for an eco­nomic turn­around are prompt­ing some hotel investors to get back in the long-dormant acqui­si­tion game, lay­ing the ground­work for what could prove to be an active acqui­si­tion mar­ket next year.

Like most com­pa­nies, we did not acquire any­thing in 2009,” said Leslie Ng, chief invest­ment offi­cer for Arlington-based Inter­state Hotels & Resorts Inc.“But we are plan­ning to get active once the mar­ket heats up, and I think there will start to be some pickup in activ­ity in 2010.”

Inter­state isn’t the only one. Hos­pi­tal­ity com­pa­nies — par­tic­u­larly resur­gent real estate invest­ment trusts — have raised funds and cleaned up their bal­ance sheets so they can pounce on a long-anticipated wave of dis­tress sales across the country.

In its third-quarter earn­ings report, Bethesda-based Host Hotels and Resorts Inc. said it expects a num­ber of debt-saddled hotel prop­er­ties to go up for sale because notes will come due and own­ers might not be able to refi­nance in the still-harsh cap­i­tal mar­kets for com­mer­cial real estate.

We believe these oppor­tu­ni­ties will not reach the mar­ket until 2010 or sub­se­quent years as dis­tressed own­ers and their lenders will first explore other options,” Host said. “How­ever, we have been actively explor­ing poten­tial acqui­si­tions and expect to be able to take advan­tage of these oppor­tu­ni­ties over time.”

http://washington.bizjournals.com/washington/stories/2009/11/23/story1.html?b=1258952400%5E2472291

Con­tinue Reading »

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IMANTA Resorts Luxury Residences, Boutique Hotel/Spa

Luxury villas and homesites along the Mexican Pacific

Unique and exotic lux­ury vil­las and home­sites along the Mex­i­can Pacific

IMANTA is a mejes­tic and won­der­ous nat­ural land­scape of beach, jun­gle and trop­i­cal moun­tain forest.

A stun­ning syn­the­sis of beau­ti­ful archi­tec­ture, IMANTA is a unique and envi­ron­men­tally con­scious res­i­den­tial resort of the high­est qual­ity stan­dards of ser­vice and the low­est den­sity of anypro­ject in the region.

IMANTA style and design is inspired by the remark­able beauty of the region, which makes it an aes­thetic mas­ter­piece.
IMANTA’s first resort is located in Pinta de Mita, just 30 min­utes from the Puerto Val­larta inter­na­tional air­port on the Riv­iera Nayarit, Mexico’s Gold Coast.

NATURE

For­est, jungle,mountain and coast­land. IMANTA is one of the most unique and spec­tac­u­larly var­ied land­scapesyou will ever encounter. Con­sid­ereda rare jew­elof the Pacific Coast, Imanta’s 250 acres are directly con­tigu­ous tothe “Sierra de Vallejo”. Mexico’s Reserva Nat­ural Pro­te­gida, a 160,500 acre wildlife reserve that exem­pli­fies the great diver­sity of ecosys­tems found in this part of NAYARIT.

CONCEPT

Sub­tly inter­spersed through­out 250 acres, 13 homes and 37 indi­vid­ual lots are sited to ensure total pri­vacy. IMANTA Resorts will man­age three of its­beach­front Casas a a world class bou­tique hotel. Per­son­al­ized ser­vice, five-star atten­tion to detail and first class ameni­tiesare the touch­stone­sof the IMANTA expe­ri­ence. Your com­plete relax­ation and enjoy­ment are our goals. As a casa owner, you may place your home under hotel­man­age­ment, earn­ing a return on your invest­ment when you are not in residence.

ARCHITECTURE AND GREENBUILD

Designed by Over­land Part­ners, an inter­na­tional team of archi­tects, IMANTA com­bines­the sus­tain­able mis­sion of the “green build­ing” con­cept with the lux­u­ri­ous vision of a full ser­vice resort. In keep­ing with our com­mit­ment to eco­log­i­cal con­scious­ness, we have con­sid­ered all aspects of the Casas’ tech­nol­ogy and con­struc­tion and have tried to use the most envi­ron­men­tally friendly prod­ucts and processes when possible.

SPA

Purify, invig­o­rate and renew like the ancient Aztecs at our Temas­cal jun­gle sweat lodge near the heart of IMANTA. You will also find state-of-the-art treat­ment rooms,abeauty par­lor, steam room, show­ers and locker rooms.

RESTAURANTS

Three restau­rantsare included in the IMANTA Mas­ter Plan. Catch of the Day will be the first casual din­ing restau­rant and bar on-site. Near the beach, Catch of the Dy will serve local­ly­caught fish, fresh­sal­ads and a mixed grill. At sun­down, Catch of the Day willbe the per­fect spot to watch IMANTA’s famed sun­sets while enjoy­ing your favorite cocktail.

ACTIVITIES

IMANTA and Punta de Mita offer count­less activ­i­ties to enhance your expe­ri­ence such as hikes into IMANTA’s own 120cre nat­ural reserve, guided tours with nature experts, horse­bck rides, excur­sions and vis­its to authen­tic Mex­i­can vil­lages nearby.

A world-class Greg Nor­man desi­igned cham­pi­onship golf course, avail­able to IMANTguests is only min­utes away. Water sports suchas fish­ing, surf­ing, wind­surf­ing, raft­ing, kayak­ing, snor­kel­ing and div­ing, as well as out­ings on yachts or sail­bots are all available.

IMANTA will host vis­it­ing schol­ars and local experts and pro­vide cul­tural activ­i­ties­such as musi­cal­con­certs, art exhi­bi­tions and dance per­for­mances. Or you can sim­ply relax and wit­ness nature at its most resplen­dent, admir­ing spec­tac­u­lar views and appre­ci­at­ing all the won­ders of this unique resort.

For more infor­ma­tion, please visit the web­site:
http://www.imantamexico.com

Con­tact:
La Punta Realty — Christie’s Great Estates
http://www.lapuntarealty.com/

Within Mex­ico
Tel: 01 (329) 291‑6420
Fax: 01 (329) 291‑6421

From US/Canada
Tel: 011 52 (329) 291‑6420
Von­nage: (213) 291‑7590

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The Tamai Pool Complex at Punta Mita’s Four Seasons Resort, Riviera Nayarit, Mexico

The Tamai Pool Complex at Punta Mita’s Four Seasons Resort has 10 private cabanas for guests

The Tamai Pool Com­plex at Punta Mita’s Four Sea­sons Resort has 10 pri­vate cabanas for guests

A year after acquaint­ing you with Riv­iera Nayarit, one of Mexico’s top lux­ury resort des­ti­na­tions, Travel Agent has uncov­ered the region’s hottest prop­erty, Punta Mita.

Stretch­ing over 1,500 acres along nearly 10 miles of Pacific beach­front, the region has been designed by owner and devel­oper DINE, and is in demand with trav­el­ers seek­ing sec­ond and third homes, apart from reg­u­lar tourists, with draws like two lux­ury hotels, two Jack Nick­laus Sig­na­ture golf courses, wildlife, din­ing and shop­ping. But what we like about Punta Mita is its selec­tion of lux­ury com­mu­ni­ties, which pro­vides guests with the oppor­tu­nity to rent homes.

Home Away From Home

Your clients look­ing for a more pri­vate vaca­tion expe­ri­ence might try look­ing at Punta Mita’s rental pro­gram, which includes a selec­tion of vil­las, lux­ury con­dos and town­homes as well as fully staffed beach­front estate homes for five-star trav­el­ers. Punta Mita cur­rently has three com­mu­ni­ties avail­able, and a fourth is on its way.

Ayia Punta Mita is a beach and golf resort com­mu­nity with 27 two-bedroom res­i­dences. Each home has two-and-a-half baths, gourmet kitchens, liv­ing space and a ter­race. Ask for units with hot tubs on the terrace.

Four Sea­sons Punta Mita Pri­vate Vil­las are dis­tin­guished by their ample liv­ing space, both indoors and out­doors. Each of these four– or five-bedroom vil­las ranges from approx­i­mately 6,475 square feet to 7,996 square feet. We like the pri­vate infinity-edged plunge pool at each villa, as well as the gourmet kitchen. Guests also have access to the neigh­bor­ing Four Sea­sons Resort’s ser­vices and amenities.

Golf enthu­si­asts should check out the Las Pal­mas Club & Vil­las, the clos­est com­mu­nity in Punta Mita to the two 18-hole Jack Nick­laus Sig­na­ture golf courses: Punta Mita Paci­fico and Punta Mita Bahia. Res­i­dences have plunge pools, out­door show­ers and views of the golf course. Trav­el­ers for 2010 should look out for the Las Pal­mas Club, a fit­ness facil­ity with a free-form pool, gym, restau­rant, small meet­ing facil­ity, children’s club­house and a sit­ting room with a TV view­ing area and fireplace.

The yet-to-be-completed El Encanto will com­prise 54 two-story and split-level ocean­front and golf res­i­dences rang­ing from 2,650 square feet to 7,200 square feet. Each home will have an infinity-edge plunge pool and gourmet kitchen. Travel Agent was not given any infor­ma­tion on when the project will be com­pleted, but sources said its com­ple­tion will depend on sales.

All rental guests have access to house­keep­ing ser­vices up to eight hours per day; use of the Res­i­dents’ Beach Club for Punta Mita Res­i­den­tial Concierge ser­vices; pref­er­en­tial tee times; and a spe­cial greens fee rate of $210 (avail­able only to renters whose home­own­ers have an active club mem­ber­ship). Rental rates for vil­las and hacien­das range from $750 to $8,000 per night in low sea­son (May-November) and from $1,500 to $10,000 in high sea­son (December-April). Lux­ury condo rates range from $350 to $1,000 per night in low sea­son and $550 to $1,400 per night in high sea­son. Hol­i­day rates for vil­las and estates fall in the $1,500-$15,000 per night range. Con­dos dur­ing hol­i­days sell for $800 to $1,900 per night.Agents should con­tact the Punta Mita Rental Pro­gram at 888–647-0979 or visit the Punta Mita website.

Punta Mita Resorts

For a resort vaca­tion, clients can choose from two lux­ury prop­er­ties. Four Sea­sons Resort, Punta Mita, Mex­ico con­tin­ues to be a pre­ferred hotel in the Riv­iera Nayarit region. Most of its 173 guest rooms and 32 Mexican-style casita suites have views of the Pacific Ocean and the hills that sur­round the resort. A high­light is the Apuane Spa. Ask about the out­door ser­vices, includ­ing mas­sages in three pri­vate out­door loca­tions. Guests also have the option of receiv­ing a full range of spa treat­ments in the pri­vacy of their rooms for an extra fee.

Another fea­ture we like is the Tamai Pool Com­plex. This has two main pools, two plunge pools, a whirlpool, full bar and 10 pri­vate cabanas—each with 42-inch plasma TVs, DVD play­ers and high-speed wire­less Inter­net access. Agents should call 011–52-329–291-6019 for reservations.

Golfers will appre­ci­ate a stay at the newly opened The St. Regis Punta Mita Resort because of its loca­tion on the Punta Mita Bahia Jack Nick­laus Sig­na­ture golf course. The resort has sev­eral build­ings span­ning 22 acres and includes 89 guest rooms, 32 suites and one Pres­i­den­tial Suite. The St. Regis has 7,000 square feet of meet­ing space. Each guest room has a ter­race or bal­cony, out­door shower and pri­vate out­door plunge pool and/or Jacuzzi. The 10,000-square-foot Remede Spa has seven treat­ment cab­ins, two cou­ple treat­ment cab­ins and a spa suite. And after a day on the green, relax­ing at the spa or loung­ing by a pri­vate pool, a hun­gry guest has three restau­rants and a lobby bar to choose from. Agents should call 011–52-329–291-5800 or visit the resort’s website.

Look­ing Ahead

Spa lovers head­ing to Punta Mita should check out the Mii Amo Spa, slated to open in 2010. This prop­erty owned by Enchant­ment Group will have 30 guest rooms and 25 res­i­den­tial con­dos. This will be Punta Mita’s first des­ti­na­tion spa.

On the Town

Punta Mita pro­vides a vari­ety of activ­i­ties for guests who wish to ven­ture off the resort or rental prop­er­ties. Vis­i­tors have the option to either explore the local wildlife and out­door activ­i­ties or enjoy Puerto Vallarta’s shop­ping, din­ing and nightlife on its famous board­walk, known as the Male­con. Puerto Val­larta is a 45-minute drive from Punta Mita.

The Mari­etta Islands Marine Reserve is just a 20-minute boat ride from Punta Mita. Here, guests can get up close and per­sonal with native birds, tur­tles, fish and dol­phins. While vis­i­tors are not allowed on shore, there is plenty to be seen from onboard or by snor­kel­ing around the reserve.

Adven­ture seek­ers will enjoy Punta Mita’s other out­door options, includ­ing kayak­ing, swim­ming with dol­phins, ziplin­ing in the Sierra Madres, hik­ing and horse­back riding.

For more infor­ma­tion on the Punta Mita area.
http://puntademita-realestate.com/

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Condé Nast Traveler: 2009 Readers’ Choice Awards — Punta Mita Resort at #5 in Mexico

The Four Seasosn Resort, Punta Mita Mexico - North Shore Puerto Vallarta

The Four Sea­sosn Resort, Punta Mita Mex­ico — North Shore Puerto Vallarta

The big news is that, undaunted by tough times, our read­ers are still way out in front, dis­cov­er­ing the coolest expe­ri­ences, elect­ing the top per­form­ers for every kind of service—and reaf­frm­ing an endur­ing pas­sion for travel. Look no fur­ther for the most stim­u­lat­ing global stim­u­lus pack­age you could hope for.

5. FOUR SEASONS RESORT PUNTA MITA, Nayarit, 91
view slideshow

On a pri­vate penin­sula 45 min­utes north of Puerto Val­larta, this 3,000-acre, 145-casita resort has become an escape for SoCal fam­i­lies who’d rather not lift a fin­ger while on hol­i­day. The usual Four Seasons–worthy ser­vice is espe­cially impec­ca­ble here: Polite staffers sud­denly appear beside your pool­side or beach lounger bear­ing Evian spritzers and skew­ers of fresh fruit; your child’s name is spelled out in col­ored bath sponges on the lip of your giant bath­tub; and masseurs from the on-site Apuane spa make house calls—and beach calls—on request. If loung­ing at the shore grows tire­some, you can take a turn around the 18-hole, Nicklaus-designed golf course; play a few sets of ten­nis; or indulge in myr­iad water activ­i­ties: div­ing, deep-sea fish­ing, sail­ing, snor­kel­ing, kayak­ing (the last three are free of charge). New ameni­ties are always on offer—among the lat­est are a 55-foot yacht for pri­vate char­ter, a “lazy river” pool with inner-tube rides around the family-oriented Oasis com­plex, and a 9,000-square-foot, five-bedroom Coral Suite designed by archi­tect Diego Vil­laseñor. Top off a long day of pam­per­ing with a tequila-pairing menu at Ara­mara restau­rant—es mag­ní­fico.—Mari­beth Mellin

http://www.concierge.com/tools/travelawards/readerschoice/resorts#mexico

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St. Regis Monarch Beach seized by Citigroup

The resort, which will con­tinue to oper­ate under its cur­rent name, is an indi­ca­tor of the trou­bles in the high-end hotel market.

By Roger Vin­cent and E. Scott Reckard
L.A. Times
July 21, 2009

The seizure of the St. Regis Monarch Beach, where Amer­i­can Inter­na­tional Group Inc. spon­sored a lux­ury retreat just days after accept­ing a fed­eral bailout, is the most dra­matic sign yet of the deep trou­bles in the mar­ket for high-end hotels.

Cit­i­group Inc. took over the Dana Point hotel and golf course Mon­day after months of nego­ti­a­tions over a $70-million loan that was in default. A fore­clo­sure auc­tion slated for today was can­celed after the lender real­ized there would be no seri­ous bids for the prop­erty, accord­ing to a knowl­edge­able per­son who was not autho­rized to dis­cuss the sit­u­a­tion pub­licly and spoke on con­di­tion of anonymity.

The takeover comes at a time of severe con­trac­tion in the hos­pi­tal­ity industry.

Resorts such as the St. Regis, which cater to wealthy trav­el­ers and the high-end cor­po­rate retreat busi­ness, are expe­ri­enc­ing some of the steep­est declines in rev­enue as the reces­sion ham­mers demand for busi­ness and leisure travel.

As twi­light fell one night last week, a sin­gle per­son lounged by the resort’s main pool while only a few cou­ples sat in the restau­rants and a piano player per­formed for an empty lounge. A per­son knowl­edge­able about the resort and the nego­ti­a­tions with Cit­i­group said that only about 15% of the hotel’s rooms had been rented this summer.

Click here to read the whole story at the L.A. TImes
http://www.latimes.com/business/la-fi-stregis-foreclose21-2009jul21,1,4070255.story

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Punta Mita: Why it’s worth every penny — Blake Martin — Photographer

Blake Marvin photography - St. Regis Resort, Punta Mita, Riviera Nayarit, Pacific Mexico

Blake Mar­vin pho­tog­ra­phy — St. Regis Resort, Punta Mita, Riv­iera Nayarit, Pacific Mexico

It’s dif­fi­cult some­times explain­ing to some­one why you should pay in excess of $500 a night for a hotel room, and I under­stand that.

I’ve been lucky to shoot allot of amaz­ing resorts over the years and I can answer it all by say­ing this, it’s the ser­vice.  Sure the loca­tions are amaz­ing, they usu­ally have stun­ning beaches, incred­i­ble pools with ridicu­lous cabanas (which I shot today), beautiful moun­tain vis­tas, or even pool­side s’mores when it’s 20 degrees out­side (the Four Sea­sons Jack­son Hole I shot this win­ter) all of which are nice.

But hon­estly when I came back in from my sun­set shot tonight I was reminded what dif­fer­en­ti­ates some resorts like the St. Regis and Four Sea­sons from oth­ers.  As usual I leave my hotel room a mess because I’m usu­ally too tired and when I wake up a 4am to head out and shoot, putting things back in their place is not a top priority.

When I came back to the room I noticed that when St. Regis, Punta Mita house­keep­ing came in to do my turn down they took my clothes which were all over the place and folded them for me and left them on the chair I had so care­less thrown them on after drench­ing them dur­ing my after­noon shoot.

It’s not that hav­ing some­one fold your clothes is worth a $1000 a night or even $200 a night, it’s what it sym­bol­izes. It’s the com­mit­ment to make your stay a nice as humanly pos­si­ble and to take away all your wor­ries and stresses and also to feel like fam­ily when in fact you are a stranger.

I know it’s a ran­dom post but I get asked allot about really high end resorts and is it worth it.  Even though i’d like to say the pic­tures on their web­site (which I am often behind) should draw you to these amaz­ing places, but I really do some­times feel visu­ally inad­e­quate when por­tray­ing what the expe­ri­ence is like at these resorts.

So I would encour­age every­one to take advan­tage of the amaz­ing deals that are to be had at these lux­ury resorts dur­ing these try­ing eco­nomic times and treat your­self to some­thing truly amaz­ing, because it really is worth every penny.

http://blakemarvin.com/home.html?lb=cedea9b11e6b0b3#/client/template.xml?aaa=lightbox_photos/cedea9b11e6b0b3&bbb=cedea9b11e6b0b3

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The distressed debt conundrum

Jul 09 2009 Published by admin under 09 - Hotels and Resorts, 13 - Financial News

06 July 2009 8:59 AM
By Joel Ross
HotelNewsNow.com columnist

Every­one expected floods of dis­tressed debt and fore­closed com­mer­cial real-estate prop­er­ties com­ing to mar­ket, and many bank­rupt­cies. Here are things that have actu­ally happened.

In almost every loan agree­ment for the past 16 years, there’s a carve out that says if the bor­rower files vol­un­tary bank­ruptcy, he’s per­son­ally liable for the entire loan amount. Sev­eral bor­row­ers who’ve filed and chal­lenged this clause have lost in court. Judges have upheld the lender’s right to enforce this pro­vi­sion. The result: There are few com­mer­cial real-estate bank­rupt­cies. There also were changes to the bank­ruptcy law for real estate that make it eas­ier for lenders to pre­vail. Many of the legal prob­lems present in the early 1990s have been dealt with.

What might have been a bank­ruptcy fil­ing now is a work­out or a fore­clo­sure. The bor­row­ers can choose to fight fore­clo­sure, but the old claim of lender lia­bil­ity is no longer much of a case, so it’s rarely a viable defense. That was used a lot in the early ’90s, but lenders are draft­ing bet­ter doc­u­ments. They’re more care­ful how they han­dle work­outs, and the law has been mod­i­fied to make such claims dif­fi­cult to sustain.

It comes down to whether the loan is a whole loan still held by the orig­i­nal lender, is secu­ri­tized or is a whole loan that was syn­di­cated, as often hap­pened with large loans. If it’s a whole loan held by the orig­i­nal lender on his book, then there’s a chance to talk to the asset man­ager han­dling that loan. The prob­lem is the lenders feel they’d rather fore­close and hold the loan or the asset and work it out them­selves if they believe the project has an upside with a 20-percent inter­nal rate of return or bet­ter. Or they think they can fore­close and get a good price on resale, which often isn’t the case.

All lenders gen­er­ally get an appraisal, or they self-reappraise the asset. Then they mark it to that value. If they can’t find a buyer at that price, they’ll often hold it. The prob­lem is, there’s no observ­able price for any real-estate asset right now, so what­ever the appraiser or lender decides is value isn’t nec­es­sar­ily what the mar­ket will pay today. It’s a pure guess with many biases and assump­tions built in.

Where the lender thinks there’s a lot of upside, he’ll often decide to hold the asset and find a joint-venture part­ner to work the asset with him. It’s far too early to know if this will work out like the lenders hope. Then they no longer are lenders; rather, they’ve mor­phed into pri­vate equity investors. That’s a dif­fer­ent skill, one that proved to be less than suc­cess­ful for the pro­fes­sional pri­vate equity groups who thought they knew how to do this type of invest­ing with an oper­at­ing spon­sor. Maybe it’ll work for the lenders sim­ply because they own the asset at the rock-bottom, written-down value at fore­clo­sure, so the only way they can go is up. The even­tual rise of the over­all mar­ket, over a long enough time, might make them think they’re geniuses. Ris­ing mar­kets build everyone’s egos.

Where there are many par­tic­i­pants in a large syn­di­cated loan, chaos often reigns to the ben­e­fit of the bor­rower. It’s often impos­si­ble to get all mem­bers of a siz­able syn­di­cate to agree on a lender strat­egy. The lenders get stymied when find­ing a solu­tion, so the bor­rower some­times can offer a work­out that will allow the syn­di­cate a way to work with the bor­rower. The whole syn­di­ca­tion work­out often is messy, time con­sum­ing and costly for every­one involved. Some­times it’s to the borrower’s ben­e­fit to have many lenders involved.

Com­mer­cial mortgage-backed secu­ri­ties loans also are filled with many con­flicts and prob­lems. CMBS usu­ally broke off the stream of income just from the inter­est pay­ments into its own tranche known as the IO (inter­est only) strip. It’s the least secure because if there’s a default, it’s the first to go. If there’s a restruc­ture, there might need to be a reduc­tion in inter­est. It turns out the spe­cial ser­vicers often are the hold­ers of the IO strip, which is what they bought to get the ser­vic­ing. So now you have the spe­cial ser­vicer hold­ing essen­tially what’s the first piece to be lost in a fore­clo­sure or work­out, being respon­si­ble to decide what to do with a defaulted loan. He’d be fore­clos­ing on his own IO position.

The other prob­lem is he’s oblig­ated to max­i­mize the net present value to all the bond­hold­ers, and the max­i­mum cash to the AAA bond­hold­ers first, and then all other bond­hold­ers. Because the spe­cial ser­vicer holds the B piece in many cases, he has the oppo­site goals from the AAA hold­ers. The AAA wants a fast fore­clo­sure, but the spe­cial ser­vicer might not want this because he often holds the IO or the B piece. Mas­sive con­flicts arise. Tranche war­fare ensues.

This looks sim­i­lar to the issues in a syn­di­cated loan. Too many par­ties with dif­fer­ing agendas—all with a lot of money at stake. Is the max­i­mum net present value achieved by fore­clo­sure and resale, by hold­ing the asset for a few years, or by restruc­tur­ing the loan? NPV cal­cu­la­tions are, by def­i­n­i­tion, a set of assump­tions, so the answer is based on a series of judg­ments of the one doing the cal­cu­la­tion. What dis­count rate, what hold period, what infla­tion rate, what rate of upturn in the econ­omy, etc. Assump­tions lead to bat­tles between com­pet­ing bondholders.

I’ve dis­cussed the prob­lem that many work­out peo­ple today are too young and inex­pe­ri­enced to know what to do to make the sit­u­a­tion sol­u­ble with­out an unnec­es­sary bat­tle. Ser­vicers are under­staffed and often just throw bod­ies at the prob­lem rather than expe­ri­enced peo­ple. Val­ues get estab­lished by peo­ple who aren’t true oper­at­ing real-estate pro­fes­sion­als, so the val­ues aren’t viable or real­is­tic in the cur­rent mar­ket. This com­pli­cates the abil­ity to find good solutions.

These are rea­sons it’s going to take years to work through the hun­dreds of bil­lions of defaulted com­mer­cial loans and why lit­tle has come to mar­ket to buy at prices that pro­fes­sional real-estate oper­a­tors, as opposed to finan­cial spec­u­la­tors, will pay. These are rea­sons why restart­ing new lend­ing in any real vol­ume is years away.

http://www.hotelnewsnow.com/Articles.aspx?ArticleId=1481

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RESALES AVAILABLE @ Four Seasons Residence Club Punta Mita

Four Seasons Residence Club - Punta Mita Resort, Riviera Nayarit, Mexico

Four Sea­sons Res­i­dence Club — Punta Mita Resort, Riv­iera Nayarit, Mexico

Four Sea­sons Res­i­dence Club offers more ammeni­ties than any other vaca­tion rental / real estate prod­uct in Punta de Mita.Four Sea­sons Res­i­dence Club allows you to own 1/12 of beau­ti­ful and lux­u­ri­ous Four Sea­sons Punta Mita con­do­minium with­out pay­ing mil­lions and mil­lions of dollars.

There are 2, 3, and 4 bed­room floor plans.

They are all beau­ti­fully appointed, offers beau­ti­ful ocean views, with its own plunge pool, BBQ area, full kitchen, and you will have full access to the most wanted Four Sea­sons Punta Mita’s Resort Ameni­ties and Services.

I have few frac­tions avail­able for sale.  Price range from $194k to $410k.

These prices are already lower than what the Devel­oper is cur­rently offer­ing, but offers are welcome!

Ranked #1 in the “Top 20 Inter­na­tional Resorts” cat­e­gory
Andrew Harper’s Hide­away Report, 2006.

You can see more infor­ma­tion at La Punta Realty’s Web­site - http://www.lapuntarealty.com/fscondos/

Rated #1 for Best Golf Resort in the World.”
Condé Nast Trav­eler
June 2006

If you know of some­one who might be inter­ested in this infor­ma­tion, please feel free to for­ward this infor­ma­tion to them.

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Be neighborly, go to Mexico

There are sev­eral good rea­sons Amer­i­cans should help out the Mex­i­can econ­omy with a trip south of the border.

By Andrés Mar­tinez
June 9, 2009
Los Ange­les Times

Your neigh­bor needs your help. Do you have it within you to lend a hand? Will you book your­self a week on the beach in Cabo or Puerto Val­larta, or explore Mex­ico City or one of the colo­nial cities in the heart of Mex­ico? You know, for the com­mon good.

This has been a ban­ner decade for empa­thy tourism — many Amer­i­cans flock­ing to New York after 9/11 and to New Orleans after Hur­ri­cane Kat­rina did so with a sense of pub­lic ser­vice. Mex­ico now needs a sim­i­lar surge.

Our neigh­bor to the south is hav­ing an annus hor­ri­bilis, as a British monarch might say. These were never going to be good times down there, with Mexico’s econ­omy so inter­twined with ours, but grow­ing con­cern about war-on-drugs vio­lence, the decline in oil prices and the advent of swine flu has fur­ther dented “brand Mex­ico.” Adding insult to injury, Wash­ing­ton ear­lier barred Mex­i­can trucks from com­ing into the United States, a fla­grant vio­la­tion of the North Amer­i­can Free Trade Agree­ment, and, as of last week, Amer­i­cans cross­ing over to Mex­ico were required to have a pass­port to reen­ter the coun­try, a change expected to deepen the slump in bor­der towns fre­quented by Americans.

The tourism sec­tor is the largest employer in Mex­ico and the third-largest source of for­eign cur­rency for the trillion-dollar econ­omy, after oil exports and remit­tances sent home by Mex­i­cans work­ing in the U.S. It is esti­mated that the swine flu alone will cost the coun­try about $5 bil­lion in tourist rev­enue (and bear in mind that travel to Mex­ico was already down sig­nif­i­cantly as a result of the U.S. reces­sion). Hotel occu­pancy rates in Can­cun in May didn’t even reach the 30% mark. The all-clear has been sounded on the virus, but no one knows for sure how long-lasting the impact on tourism will be. Mexico’s gross domes­tic prod­uct, mean­while, is expected to con­tract about 12% in the sec­ond quar­ter of this year.

Why should Amer­i­cans care? Well, for starters, there is the national secu­rity imper­a­tive. Say what you will about Mex­ico, and there is plenty neg­a­tive to be said, our south­ern neigh­bor has been a fairly reli­able, sta­ble and friendly part­ner for more than half a cen­tury, and it is in our inter­est to keep it that way. Our nation’s polit­i­cal dis­course may not always reflect our good geo­graphic for­tune, which we take for granted, but the United States is blessed to have Canada and Mex­ico as neigh­bors. Is there another devel­op­ing nation of more than 100 mil­lion peo­ple we’d rather have on our south­ern flank? Put dif­fer­ently, how many other global pow­ers in his­tory have had the lux­ury of a long land bor­der that doesn’t need to be pro­tected by a large stand­ing army?

http://www.latimes.com/news/opinion/commentary/la-oe-martinez9-2009jun09,0,6056003.story

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Fearless travelers can cash in on Mexico’s post-flu deals

It’s been two weeks since the State Depart­ment and the Cen­ters for Dis­ease Con­trollifted their travel warn­ings on travel to Mex­ico, and the deals are rolling in.

The CDC lifted its rec­om­men­da­tion against nonessen­tial travel to Mex­ico on May 15, cit­ing evi­dence that Mexico’s flu out­break was slow­ing down, increas­ing num­bers of cases in the United States and other coun­tries were unre­lated to Mex­ico travel, and that the risk of infec­tion appears to be lower than first believed. The State Depart­ment quickly fol­lowed suit. The CDC still rec­om­mends fol­low­ing local pub­lic health guide­lines and tak­ing pre­cau­tions such as fre­quent hand-washing. It sug­gests that peo­ple at high risk for com­pli­ca­tions con­sider post­pon­ing travel.

In fact, U.S. cit­i­zens have more chance of expo­sure to H1N1 flu at home: The World Health Orga­ni­za­tion, which con­tended from the start that there is no rea­son to restrict travel, shows 2,200 more con­firmed cases in the United States than in Mex­ico, though far fewer deaths.

Mex­ico began open­ing muse­ums, restau­rants and other pub­lic venues on May 6 and all schools by May 18. Mex­ico City, where new cases are dwin­dling markedly, has low­ered its health alert from yel­low to green and eased up on pre­cau­tion­ary mea­sures imposed at the begin­ning of the out­break. Most pop­u­lar tourist des­ti­na­tions, such as Puerto Val­larta and the Riv­iera Nayarit, Los Cabos, Mazatlán and Ixtapa-Zihuatanejo, haven’t reg­is­tered a sin­gle con­firmed case of H1N1 flu.

Lat­est devel­op­ments are posted on the Mex­ico Tourist Board’s new Web site, which was cre­ated in response to tourists’ fears about drug-related vio­lence but is cur­rently dom­i­nated by reports on the flu situation.

Bring­ing tourists back

Pres­i­dent Felipe Calderón announced a $1.3 bil­lion stim­u­lus plan to revive Mexico’s tourist indus­try on May 8. The ini­tial out­lay went to pro­mo­tion, but sub­se­quent announce­ments included finan­cial incen­tives for hotels, tourism com­pa­nies, air­lines and cruise lines to lower their prices.

This week, Calderón unveiled a national cam­paign, “Vive Mex­ico,” to moti­vate Mex­i­cans to travel through­out the coun­try. Spe­cial pack­ages are dis­played at a new, ded­i­cated Web site. It’s in Span­ish, but U.S. trav­el­ers con­ver­sant with Google’s trans­la­tor might find deals that fit their itineraries.

The efforts seem to be work­ing. Travel pack­agers report clients are stick­ing with their orig­i­nal book­ings, and new book­ings are pick­ing up. Some flights to Can­cún were full again last week, and Mex­ico City’s hotel occu­pancy rate has reached 25 to 30 per­cent after drop­ping to 5 percent.

Once the alerts were lifted, cruise lines were quick to return to Mex­i­can ports. The first, the Sun Princess, docked in Aca­pulco May 19. Royal Caribbean resumed calls at Cozumel this week, and Car­ni­val will return to its orig­i­nal routes with stops in Mex­ico after mod­i­fied itin­er­aries are com­pleted, most in mid-June.

Show me the deals

The dimin­ish­ing con­cern over flu, pro­lif­er­a­tion of deep dis­counts and lack of crowds present an unprece­dented oppor­tu­nity for trav­el­ers. Dis­counts are sub­stan­tial and wide­spread; you can pretty much pick a place and find sav­ings. But with book­ings already pick­ing up, they might not be there for long.

Apple Vaca­tions, one of the biggest Mex­ico travel ven­dors, jumped in early. It mounted what it calls its “biggest-ever” sale on Mex­ico trips, adver­tis­ing sav­ings of up to 70 per­cent on all-inclusive vaca­tions for book­ings made through June 11, 2009. A seven-night stay, includ­ing air­fare, can be had for $69.99 per per­son, per night in Can­cún, the Riv­iera Maya, Cozumel, Los Cabos or Puerto Vallarta.

Here is a small sam­pling of other deals com­ing out of Mex­ico now:

Mex­ico Bou­tique Hotels

 

  • Four-day pack­age for two at Hacienda Sepúlveda (Lagos de Moreno, Jalisco state) with mas­ter suite, daily break­fast and lunch, two spe­cial din­ners, horse­back and car­riage rides, spa treat­ments and local tour, $1,380.
  • Five day pack­age for two at CasaSan­dra (Isla Hol­box, Yucatán) with ocean-view room, daily break­fast, daily choice of lunch or din­ner, air­port trans­fers, bot­tle of wine and whale-shark trip, $2,509.
  • More pack­ages and last-minute deals also avail­able; a dif­fer­ent deal offers two nights for the price of one when book­ing by May 31 for travel through June 30 at 17 properties. 

Riu Hotels & Resorts

 

  • Spe­cial prices of $73 to $115 per per­son, per night at nine all-inclusive resorts in Can­cún, Playa del Car­men, Riv­iera Nayarit, Cabo San Lucas and Mazatlán through June 25. Includes 24-hour food and drinks, liquor dis­penser in room, stocked mini­bar, gym, kids’ club, disco and tennis.

Palace Resorts

 

  • Sum­mer pro­mo­tion offers $200 air­fare credit per room for five– or six-night stays or $400 per room on seven nights or more, if booked by June 15 for travel through Sept. 30. Prop­er­ties in Can­cún, Isla Mujeres, Riv­iera Maya, Riv­iera Nayarit and Cozumel.
  • Palace Pass­port for stays of three nights or more offers unlim­ited off-site tours, spa and golf dis­counts, two-for-one ATV tours and dol­phin swims, through Dec. 23; Golf & Spa Sum­mer Spe­cial includes $100 credit toward golf at three courses and $100 credit for spa treat­ments at one of seven Caribbean resorts, through Aug. 19; Kids Stay & Eat Free sum­mer pro­mo­tion increases age limit to 17 years, through Aug. 28.

Pueblo Bonito Ocean­front Resorts and Spas

 

  • Fourth and sev­enth nights free at four lux­ury prop­er­ties in Cabo San Lucas and two in Mazatlán, through Dec. 23.
  • Stim­u­lus Pack­age” offers low­ered rates, kids stay and eat free, spa cred­its and other offers, through Dec. 31.

Bookit.com

 

  • Half Price Flights” pro­mo­tion with $150 to $600 credit on seven nights or more — $75 to $400 on five and six nights. Dates vary, but most must be booked by June 1 or 2 for travel up to Dec. 19 to 21. Book­ings avail­able for resorts in Los Cabos, Puerto Val­larta, Riv­iera Maya, Cozumel, Mazatlán, Mex­ico City and numer­ous other pop­u­lar destinations.

Some ultra-posh indi­vid­ual prop­er­ties also have dis­count deals, includ­ing the Tides Zihu­atanejo and Tides Riv­iera Maya (sec­ond room free with one paid room or villa, through Sep­tem­ber); Rose­wood Hotels and Resorts at Mayakoba and Las Ven­tanas (dis­counted rates, $200 resort credit, room upgrades and full daily break­fast for two, through fall); the Ritz-Carlton Can­cún (“Love & Fam­ily” with ocean­front room, half-price sec­ond room for kids, din­ner on the beach for par­ents, daily break­fast for two and kids meal plan, until Dec. 20); and Four Sea­sons Resort Punta Mita (third night free for every two con­sec­u­tive paid nights, through Sept. 30).

And those who are still a bit ner­vous about the flu might con­sider book­ing throughBestDay.com. The Mex­i­can book­ing site (which I have used with good results) insti­tuted a “Flu-Free Guar­an­tee” early on, and plumped it up after travel alerts were lifted: a free vaca­tion, includ­ing air­fare, trans­fers and other perks such as admis­sion to the Coco Bongo disco, for any trav­eler who con­tracts H1N1 virus within 14 days of vis­it­ing any of 30 par­tic­i­pat­ing hotels.

Chris­tine Del­sol is a for­mer Chron­i­cle travel edi­tor and author of “Pauline Frommer’s Can­cún & the Yucatán.”

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How new hotels can transform emerging markets

May 26, 09 | 1:58 am
By Laura Kalcevic

In a recent assign­ment, HVS was asked to project the likely mar­ket behav­ior of a pro­posed lux­ury hotel in Zihu­atanejo, Mex­ico. Presently, the Zihu­atanejo mar­ket fea­tures two lux­ury and two upscale prop­er­ties, with up to four new projects being pro­posed in sim­i­lar or supe­rior ser­vice categories.

In con­duct­ing our analy­sis, sev­eral ques­tions arose: Would a new lux­ury hotel in Zihu­atanejo com­pete exclu­sively with prop­er­ties in the local mar­ket or also with oth­ers in mar­kets out­side of Zihuatanejo?

That is, would the pro­posed project be part of a self-contained local mar­ket, or rather part of a broader, more dis­perse mar­ket defined by fac­tors other than loca­tion? If all of the pro­posed projects actu­ally came online, would this rede­fine mar­ket dynam­ics such that the local mar­ket could be con­sid­ered self-contained?

If this were to occur, how would lodg­ing demand behave and how can we model projections?

This arti­cle out­lines a method­ol­ogy for the analy­sis of sup­ply and demand in emerg­ing mar­kets. Many smaller lodg­ing mar­kets, with a lim­ited mass of prod­uct in par­tic­u­lar asset class, are tran­si­tion­ing into self-contained mar­kets, which are char­ac­ter­ized by a crit­i­cal mass and qual­ity of lodg­ing product.

In smaller mar­kets, hotels often com­pete not only with other local prop­er­ties but also with hotels in alter­na­tive mar­kets. In a self-contained mar­ket, hotels com­pete almost exclu­sively with other hotels within that same mar­ket, as defined by a geo­graph­i­cal bound­ary or destination.

Exam­ples of self-contained mar­kets in Mex­ico include Can­cún and Aca­pulco.
We explore the nature of mar­ket tran­si­tion­ing below, a process that depends heav­ily on the intro­duc­tion of new, often highly dif­fer­en­ti­ated sup­ply as a catalyst.

We note that the cur­rent sit­u­a­tion in the global econ­omy and finan­cial mar­kets may slow the expan­sion of these mar­kets, thereby length­en­ing the timetable for the described transformation.

This cir­cum­stance, how­ever, can be eas­ily fac­tored into the for­mula. As this supply-based tran­si­tion occurs, sev­eral fac­tors com­bine to draw and cap­ture addi­tional lodg­ing demand, com­plet­ing the process by which the mar­ket is more clearly defined. This method­olog­i­cal approach is espe­cially appro­pri­ate for fea­si­bil­ity stud­ies of pro­posed resort projects in Mex­ico, Cen­tral Amer­ica, and the Caribbean.

A Case Study in Zihu­atanejo, Mexico

Zihu­atanejo, located on the Pacific Coast of Mex­ico in the state of Guer­rero, pro­vides an exam­ple of a smaller mar­ket on the verge of sig­nif­i­cant growth. The town is part of the greater Ixtapa-Zihuatanejo beach des­ti­na­tion that has long drawn for­eign and domes­tic vis­i­tors alike.

Zihu­atanejo remains a quaint fish­ing vil­lage with attrac­tive beaches and lush trop­i­cal veg­e­ta­tion, punc­tu­ated over the years by the devel­op­ment of low-density hotel and res­i­den­tial projects. It is posi­tioned to cap­ture high-end leisure demand in exclu­sive hotels with low room counts.

Ixtapa, which was con­ceived around the same time as Can­cún, started oper­a­tions in 1974 and was the sec­ond integrally-planned resort of FONATUR, Mexico’s national tourism devel­op­ment trust.

Ixtapa was selected with the aim of attract­ing tourists from the North Amer­i­can mar­ket and reliev­ing the excess sea­sonal demand on Aca­pulco. It was the first tourism project financed by the World Bank.

This area also boasts a sig­nif­i­cant crit­i­cal mass of chain-affiliated Euro­pean Plan and all-inclusive hotels, as well as res­i­den­tial, time-share, and con­do­minium real estate markets.

http://ehotelier.com/hospitality-news/item.php?id=P16303

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Go 2 Guy: On the take in Puerto Vallarta

002By JIM MOORE
SPECIAL TO SEATTLEPI.COM

PUERTO VALLARTA, Mex­ico — Ninety-nine per­cent of the time, unem­ploy­ment sucks. Wel­come to my one percent.

I’m sit­ting on a white-cushioned chaise lounge at the St. Regis Punta Mita in a scene from a travel mag­a­zine. The infin­ity pool is behind me, the Pacific Ocean is in front of me, and Car­los, one of the many atten­dants here, has just put up an umbrella so I could relax in the shade.

At this moment, the only prob­lems I have are sun­burned ankles and minia­ture ants that keep run­ning in and out of the keys on my lap­top. I’m about to sum­mon Car­los for a can of Raid.

In March, I was stay­ing at Super 8s on my last road trip for the P-I, to and from spring train­ing in Phoenix. Now I’m at the St. Regis in a room that costs $985 a night.

How can an unem­ployed jour­nal­ist afford that? I can’t. It’s a free trip, paid for by really nice peo­ple from the Riv­iera Nayarit area of Puerto Val­larta. Everything’s free — the flight, the lodg­ing, the golf, the meals and best of all, the beers from the bev­er­age cart.

They asked six golf writ­ers from the U.S. and Mex­ico to come here and write about the beauty of this place to gen­er­ate pos­i­tive pub­lic­ity to revive the lag­ging tourism industry.

When I worked at the P-I, reporters could never take a trip like this because it was a news­pa­per no-no — if some­one else paid, it would affect our objec­tiv­ity and neg­a­tively impact our cred­i­bil­ity with readers.

Nat­u­rally I never liked this rule — it pre­vented me from self­ishly par­tak­ing of free stuff, and since when was the Go 2 Guy objec­tive and cred­i­ble any­way? Even if I’m on the take, I’ll give it to you straight, from start to finish.

THURSDAY: I can’t remem­ber the last time this hap­pened — get­ting on a plane that’s half-full and hav­ing a row to myself. Such is the con­cern about swine flu in Mexico.

As far as I can tell, it’s a mis­per­cep­tion, a media cre­ation (those damn reporters!). I look around and all I see are healthy peo­ple and healthy pel­i­cans and dead ants — yeah, I squished most of ‘em.

But I was con­cerned, too, to the point that I almost bailed. Talk about a “non-essential trip,” the kind of which the U.S. Health Depart­ment told us not to take to Mexico.

I pic­tured mourn­ers and non-mourners at my funeral whis­per­ing to each other: “Jesus, what an idiot, he got swine flu in Mex­ico and croaked.”

At the Puerto Val­larta air­port, they had a guy with a cam­era who took a read­ing on all incom­ing pas­sen­gers to check their body tem­per­a­ture to see if they had a fever or not.

Appar­ently I was OK because I wasn’t stopped. But it didn’t take long for some­one to sin­gle me out for some­thing else — a sucker. I had been told to look for a per­son hold­ing up a “Tukari” sign.

And when I told a group of Mex­i­cans that I was look­ing for “Tukari,” they pointed me to an attrac­tive woman. I thought Tukari was her name, and I thought she was just being nice when in real­ity, she wasn’t Tukari, and all she was try­ing to do was sell me a time-share.

Tukari, as it turned out, was the name of the man­age­ment com­pany that was there to give me a ride to the Grand Mayan Resort.

stregis001Like the St. Regis, that place was unbe­liev­able, too. Before you get to the lobby, you walk through a dark­ened room with eerie music and six Mayan dudes that are six sto­ries tall. It’s quite impres­sive, a don’t-miss if you have kids because it will scare the heck out of them.

They gave me a ninth-floor suite with a sweep­ing view of the Pacific and the hotel grounds below — six pools with water slides and foun­tains and one of those swim-up-to bars that was shout­ing for me to swim up to it, so I did.

This is where I became el stu­pido. The bar­tender poured what must have been a quadru­ple mar­garita, and I glee­fully gulped it down.

Later that night we were taken on a tour of the hotel and given cham­pagne and a mar­garita fol­lowed by wine at din­ner and a Paci­fico before bed.

In Pull­man in the 1975, this would have been called “just get­ting started.” In Puerto Val­larta in 2009, it was a disaster.

FRIDAY: I woke up that morn­ing and started to feel queasy on the shut­tle ride to El Tigre, the course we were sched­uled to play.

Once we got there, it hit me hard, Tatupu hard, and I was so down for the count that I wouldn’t have heard the ref­eree. An hour later, I pried myself from the bath­room and got a ride back to the Grand Mayan from Mat­teo the Tukari guy, miss­ing my tee time.

I slept until 1 o’clock and sheep­ishly arrived at the Grand Mayan resort course for the next tee time at 4. The other writ­ers greeted me with a bar­rage of deserved abuse.

At the Grand Mayan course, our three­some had a forecad­die named Ronaldo, who pointed out a croc­o­dile in the pond next to the sec­ond hole.

If I got in the water, would he come after me?” I asked.

Si,” Ronaldo said, politely answer­ing the dumb question.

The bev­er­age cart drove by twice, and still reel­ing, I let it go by both times. I’m start­ing to learn the lan­guage — bev­er­age cart is carro bar in Spanish.

SATURDAY: On the long drive to the St. Regis Punta Mita, I’m in the back­seat of the shut­tle van think­ing, “Ohmigod this is tak­ing for­ever, and I get motion sick­ness and there sure are a lot of bumps and curves, and it sure is stuffy in here, and my palms are start­ing to sweat, but if I heave on these guys, I’ll really never hear the end of it.”

We got there just in time, Dis­as­ter No. 2 suc­cess­fully avoided. At the St. Regis Punta Mita, even schmoes like us were treated roy­ally. They called me Mr. Moore there, giv­ing me unearned respect and, yes, Mr. Moore would like another cup of cof­fee while check­ing in, muchas gracias.

My room did not in any way resem­ble my room at the Yreka Super 8. This one had an indoor and out­door shower. The air con­di­tion­ing went off when you opened the door and came back on when you closed it. A remote con­trol low­ered and raised the shade on the windows.

But that’s noth­ing com­pared to the room’s best fea­ture — every guest got a per­sonal but­ler, and mine was Joaquin. When I met him on Sat­ur­day, he showed me the room and told me he would tend to my every need.

I didn’t ask him to do much ini­tially because I felt weird about hav­ing a per­sonal but­ler. That feel­ing passed. I would get into the swing of things later.

We golfed that day at Bahia, the newest of two Jack Nicklaus-designed courses at Punta Mita. I played with two begin­ners and Melanie Schnei­der, St. Regis’ direc­tor of sales and marketing.

I’m guess­ing that the begin­ners, Richard and Diego, took at least 10 strokes a hole, and Schnei­der had a 114, which meant that I wit­nessed my play­ing part­ners take a total of 474 shots dur­ing our six-hours of divot taking.

At one point, Schnei­der asked: “Do you know what all of that white stuff is on the island?”

I looked out at the lit­tle land mass in the back­drop of the 15th green, think­ing she was going to tell me it was a spe­cial white coral that is only found at Punta Mita or another rare geo­log­i­cal for­ma­tion. Nope.

It’s bird crap,” Schnei­der said.

Later that day I found out that beverage-cart girl is nina de la carro bar in Span­ish, which isn’t all that cool, but the fact that she kept show­ing up with free cervezas was. Instead of Paci­fi­cos, I’ve taken a lik­ing to Mod­e­los here, but I won­dered if some­body was try­ing to tell me some­thing when I checked my voice mails that night.

The only one who left a mes­sage was Pat O’Day.

Explore Punta de Mita and beyond from the air

Explore Punta de Mita and beyond from the air

SUNDAY: We played Paci­fico, the sec­ond Nick­laus course that is best known for its third hole, which has the only nat­ural island green in the world. It’s spec­tac­u­lar, play­ing 185 yards from the blue tee box. The hole is called “Tail of the Whale” because that’s what the island resembles.

At low tide, you can drive your cart to the green over a bumpy path. At medium tide, you have to take a big-wheeled rig through the water. At high tide, you can’t play the hole; you have to play an alter­nate par-3, which pre­cedes the island hole.

I’d like to say that I parred the hole or even bogeyed it, but I took an 11, deposit­ing four balls in the Pacific before find­ing the fringe with my fifth tee shot.

That night the golf writ­ers got together for their fourth din­ner in a row, and these aren’t just any old din­ners. We are wined and dined, and most peo­ple would show restraint, but I strug­gle with that.

There are appe­tiz­ers and main courses and desserts and dif­fer­ent wines, and if you want some of the country’s finest tequila, they’ll pour a shot of that for you too. Finally learn­ing, I declined all of those offers.

It’s insane, really, because if they were try­ing to impress me, all it would take is a visit to their Mex­i­can ver­sion of Dick’s.

MONDAY: We were told that per­sonal but­lers would pack for us when we checked out, and I didn’t want to bother Joaquin with that, but then I thought, why not?

My bag arrived at the nearby Four Sea­sons, where I am now writ­ing from a dif­fer­ent chaise lounge on a dif­fer­ent beach under a grass hut with a sim­i­lar view of the Pacific. Joaquin was a per­fect packer, fold­ing every shirt and wrap­ping my shoes with tis­sue paper.

The Four Sea­sons Punta Mita is another posh joint, which means the Go 2 Guy has no busi­ness being here either. After lunch, Clau­dia Silva, the Four Sea­sons PR and mar­ket­ing direc­tor, took us on a tour that fea­tured a stop at the Coral suite, a pri­vate five-bedroom ocean­front bun­ga­low with its own infin­ity pool and dual ham­mocks. Among other celebri­ties, John Tra­volta has stayed here.

If you want to stay in the Coral suite, bring many pesos — it goes for $16,000 U.S. a night, and most Christ­mases, the ten­ant stays for 15 nights, a tab of $240,000.

We golfed that morn­ing at Flamin­gos, the old­est course in Puerto Val­larta, and I hacked it up again, play­ing poorly for the sec­ond con­sec­u­tive day. I noticed that one of my play­ing part­ners, Fer­nando, was also hav­ing a tough time and grow­ing increas­ingly mad.

Fer­nando lives in a Mex­ico City and is a well-known golf writer in this coun­try. He’s a lik­able guy who enjoys his tequila. He speaks Eng­lish very well, but there were two words he had yet to learn, and it was time to teach him.

I tried to calm him down by telling him what I do to feel bet­ter. “Hey, Fer­nando, you gotta say ‘Go Cougs,’ ” I said.

Go Cougs?” he said.

Yeah, Go Cougs,” I said, and I went on to explain the whole Wash­ing­ton State thing to him. A few holes later, I made a good putt.

Jeem,” Fer­nando said. “Go Cougs.”

My new friend was catch­ing on.

TUESDAY: Greg Nor­man found enough time to pull him­self away from Chris Evert to design a new course here, and we played 12 of the 18 holes Tues­day morn­ing. He was paid a reported $2.5 mil­lion. The course, in nearby Litibu, won’t open until next year. It’s a top-notch track that will cost in the neigh­bor­hood of $200 for greens fees.

That wrapped up six days in a coun­try I’d never really seen before. Until now, Juarez and Tijuana were the only towns I’d vis­ited. I’ll return to Seat­tle on Wednes­day night with a dif­fer­ent view of Mexico.

And a vow to never swim up to a bar again.

Jim Moore can be reached at jimmoore@seattlepi.com or jimmoorethego2guy@yahoo.com. You can call him at 206–448-8013. He also writes columns for cougfan.com and cybergolf.com and can be heard Tues­days at 3 on “The Kevin Cal­abro Show” on ESPN 710 Seattle.

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Swine Flu Takes Toll On Mexico Tourism Industry

Tourists are a rare sight on the beaches of Cancun, Mexico, since the swine flu outbreak. Hotels, restaurants, bars and other attractions in Cancun are empty as nervous tourists cancelled travel plans. Officials say recovery could be months away for the tourism industry, a vital part of the national economy.

Tourists are a rare sight on the beaches of Can­cun, Mex­ico, since the swine flu out­break. Hotels, restau­rants, bars and other attrac­tions in Can­cun are empty as ner­vous tourists can­celled travel plans. Offi­cials say recov­ery could be months away for the tourism indus­try, a vital part of the national economy.

 

by Jason Beaubien
NPRMorn­ing Edi­tion
 May 14, 2009 ·

Amer­i­cans Vicky Long and John Papadak­ous are savor­ing their Caribbean vaca­tion in Mex­ico. The swine flu out­break vir­tu­ally emp­tied the white-sand beaches of Can­cun, along with its bars and hotels, mean­ing there is plenty of staff to pam­per the cou­ple from Baltimore.

The swine flu cri­sis has been for­tu­itous for this pair of tourists. But it is not good for Mexico’s vital tourism industry.

Most for­eign tourists fled Mex­ico dur­ing the height of the swine flu scare; offi­cials say it could take months for the indus­try to recover.

Mexico’s econ­omy is heav­ily depen­dent on rev­enue from for­eign­ers. But swine flu hit the coun­try hard and, in turn, dam­aged Mexico’s image abroad. Mexico’s tourism min­is­ter, Rodolfo Eli­zondo, pre­dicts that the num­ber of inter­na­tional vis­i­tors could drop in the com­ing weeks to “almost zero.”

‘Let’s See What Happens’

Even Long and Papadak­ous tried to can­cel their trip. But lack­ing travel insur­ance, they would have lost their money. So they decided to take the trip despite the threat of swine flu. There were only 11 peo­ple on their flight from the United States, Long says.

We were like, OK, let’s go see what hap­pens,” Papadak­ous says, stand­ing across the street from the Hard Rock Cafe. “At our hotel, they cater to us. Like, it’s awe­some not hav­ing that many peo­ple there, really. So it doesn’t bother us.”

Tourism is Mexico’s third largest source of rev­enue after oil exports and remit­tances from Mex­i­cans work­ing abroad.

Petro­leum rev­enues and remit­tances both declined last year amid the global eco­nomic down­turn. In 2008, the bright spot in the Mex­i­can econ­omy was tourism, which posted a 3.5 per­cent growth in revenue.

Even as Mexico’s army was fight­ing a bloody war against the nation’s drug car­tels, the num­ber of for­eign vis­i­tors to Mex­ico grew in 2008 to a new record.

Swine flu threat­ens to erase those gains, not only in Can­cun but across Mexico.

Flu Forces Hotels To Close, Layoffs

But the Can­cun region relies on tourism like no other place in Mexico.

Can­cun was con­ceived and devel­oped by the Mex­i­can gov­ern­ment in the 1970s as an inter­na­tional beach resort on what was then a des­o­late strip of the Yucatan Penin­sula. It has been boom­ing ever since, fueled by an appar­ently insa­tiable appetite for hotels, con­dos and time shares on the Caribbean.

In the past two weeks, the num­ber of inter­na­tional tourists arriv­ing in Can­cun has dropped 82 per­cent and the num­ber of tourists from other parts of Mex­ico is down 40 per­cent, accord­ing to Sara Lat­ife Ruiz Chavez, sec­re­tary for tourism for the state of Quin­tana Roo, which includes Can­cun and the beaches known as the Maya Riviera.

Swine flu is cost­ing the region mil­lions of dol­lars in lost rev­enue and has forced 22 hotels to tem­porar­ily sus­pend their oper­a­tions, she says.

More than 10,000 wait­ers, cooks, maids and other hotel employ­ees in Can­cun have been fur­loughed from their jobs. Dive boat own­ers say they’re going out with just two or three cus­tomers. Jun­gle tour boats sit tied up at the docks. Para­sail oper­a­tors kick soc­cer balls on the empty beaches.

In April, before the swine flu virus, also known as H1N1, burst into the head­lines, about 75 per­cent of Cancun’s hotel rooms were occu­pied. Now, the occu­pancy rate is run­ning at about 20 percent.

Even as the swine flu threat fades and any poten­tial health threat is gone, gov­ern­ment offi­cials and busi­ness lead­ers fear peo­ple will con­tinue to stay away from Mexico.

The country’s tourism min­is­ter esti­mates that nation­wide much-needed rev­enue from tourists could fall by 43 per­cent this year as a result of the outbreak.

In 2005, Can­cun was bat­tered by hur­ri­cane Wilma, caus­ing bil­lions of dol­lars in damage.

Rodrigo de la Pena, head of the Can­cun hotel asso­ci­a­tion, says the cur­rent sit­u­a­tion is worse than a hur­ri­cane. Dur­ing a storm peo­ple are busy, he says, and hotels have insur­ance to cover repairs and payroll.

Now they’re just wait­ing for peo­ple to come,” he says. “When we have hur­ri­canes everybody’s work­ing, everybody’s clean­ing and right now it’s pretty different.”

http://www.npr.org/templates/story/story.php?storyId=104095754

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Flu? What Flu?

May 09 2009 Published by admin under 12 - Travel News, 13 - Financial News

cancun-flu

Pub­lished: May 8, 2009

MEXICO CITY — If you are look­ing for a cheap travel des­ti­na­tion, try Mex­ico.

Short of war, Mex­ico has endured about the worst calamity that can befall a country’s tourism indus­try over the last few weeks. A few peo­ple who had trav­eled here came down with what looked, ini­tially, like a poten­tially highly con­ta­gious flu. Within days, pic­tures of civil­ians clad in sur­gi­cal masks, like scenes from some sci­ence fic­tion dis­as­ter movie, were lead­ing news­pa­per and tele­vi­sion reports around the world.

It will take a long time for would-be vaca­tion­ers to for­get those images, but the Mex­i­can gov­ern­ment is try­ing to help them, with a multimillion-dollar cam­paign to restore Mexico’s brand, as hotels cut rates 50 to 70 percent.

Some are not even wait­ing for the World Health Orga­ni­za­tion pan­demic warn­ing to be lifted. AM Resorts, a hotel chain, announced a “flu-free guar­an­tee” at 10 of its 11 Mex­ico hotels begin­ning Fri­day. The com­pany will give three free vaca­tions over the next three years to any cus­tomer unfor­tu­nate enough to pick up the H1N1 flu virus at one of its Mex­ico resorts.

The com­pany is also offer­ing dis­counts of 37 to 55 per­cent, as well as cred­its worth as much as $250 for food and other items.

Dur­ing the last few weeks, we have con­tin­u­ously encour­aged travel to Mex­ico based on the real facts about the H1N1 virus,” Alex Zozaya, AM Resorts pres­i­dent, said.

When Mex­i­can offi­cials announced almost $2.1 bil­lion in tax breaks and loans to help the Mex­i­can econ­omy recover from the resid­ual effects of the flu, the tourism indus­try received spe­cial atten­tion — loans for hotels and air­lines, cuts in air­port and port fees, and tax write-offs for busi­nesses — worth, all told, $450 million.

The rea­son is clear. For­eign tourism earned Mex­ico $13.3 bil­lion last year. Tourism employs more than two mil­lion peo­ple and accounts for about 8 per­cent of the economy.

The num­ber of for­eign vis­i­tors had already plunged since the begin­ning of the year because of the sink­ing global econ­omy. And graphic press reports from Mex­ico describ­ing grue­some drug vio­lence were no help. Then, came H1N1.

Though it is impos­si­ble to know how much dam­age the flu will inflict in the end, Mex­i­can offi­cials have said that in the worst case, the rev­enue from for­eign tourists could fall $5 bil­lion this year. The finance min­is­ter, Agustín Carstens, has esti­mated that the out­break will even­tu­ally shave 0.3 per­cent to 0.5 per­cent from the gross domes­tic product.

There are a num­ber of wor­ry­ing signs that pes­simism is hurt­ing the tourist trade, at least right now. Although the nor­mal pace of life is return­ing here, the State Depart­ment still advises Amer­i­cans against all but essen­tial travel to Mexico.

Con­ti­nen­tal Air­lines cut capac­ity on its Mex­ico routes in half begin­ning on Mon­day, not­ing that demand was already soft before the flu out­break and dropped sharply on the news. Hotels in Can­cún and south along the Mayan Riv­iera reported that guests did not bother to can­cel; they sim­ply did not show up. Cruise ships have can­celed all ports of call in Mexico.

It is not nec­es­sar­ily the risk” to the pas­sen­gers, Cyn­thia Mar­tinez, a spokesper­son forRoyal Caribbean Cruises, said. “It’s more about whether our guests feel com­fort­able vis­it­ing Mexico.”

Hotel occu­pancy in Can­cún dropped from 77 per­cent the day the alert began on April 24 to 42 per­cent by the end of the month. By the end of last week, it was down to about 23 per­cent, said Marisa Setien, the exec­u­tive direc­tor of the Can­cún Hotel Association.

We did not think it would be that bad, but it was a chain reac­tion,” she said.

Health author­i­ties have con­firmed about 1,360 cases of the new influenza virus and 45 deaths in Mex­ico. The vast major­ity of the cases have been con­cen­trated in Mex­ico City and the sur­round­ing sub­urbs, far from tourist resorts on the Caribbean and Pacific coasts.

Hotel occu­pancy in Mex­ico City fell to about 10 per­cent as the city shut down. The city’s tourism sec­re­tary, Ale­jan­dro Rojas-Díaz, esti­mates that the city is los­ing $10 mil­lion a day.

But he argues that the tough line the city took against the ill­ness, clos­ing restau­rants for a week and most other enter­tain­ment, includ­ing bars and soc­cer sta­di­ums, for even longer, will ulti­mately pay off in credibility.

We have told the truth and when we tell the truth that the city is safe again, the world will believe us,” Mr. Rojas-Diaz said. “It will be squeaky clean.”

That may be true, but travel agents in the United States say bar­gains will help.

Hotels, hop­ing to restore their occu­pancy rates, have dropped their prices sharply and that is reduc­ing the prices of pack­ages to Mex­ico, said Tim Mullen, senior pres­i­dent of Apple Vaca­tions, a large agency near Philadelphia.

Com­pared with four weeks ago, pack­ages are 70 per­cent cheaper for May and 50 per­cent cheaper for June, he said. There will be “a bonanza of good deals this summer.”

Mr. Mullen said the first rush of con­cern among vaca­tion­ers had slowed.

This week, all of a sud­den it became less omi­nous than what was reported,” he said. “Hope­fully, it’s a short-term blip on trips to Mexico.”

The Can­cún Hotel Asso­ci­a­tion plans to work first with travel agents in Mex­ico to bring back Mex­i­can tourists. When the global flu warn­ings are lifted, the asso­ci­a­tion will begin work­ing with tour oper­a­tors in the United States and elsewhere.

Oscar Fitch, the exec­u­tive direc­tor of the Mex­ico Tourism Board, said that once the United States and other coun­tries lift travel advi­sories to Mex­ico, Mex­ico will start a broad cam­paign to bring vis­i­tors back. “The coun­try is closed right now, not by us, but by every­body else,” he said.

In a cou­ple of weeks peo­ple are going to want to go back to Mex­ico,” said Mike Tru­jillo, a travel agent in Santa Rosa, Calif. “There were some great deals before this and there will be bet­ter deals now.”

http://www.nytimes.com/2009/05/09/business/global/09peso.html?_r=1&hp

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Enjoy butlers, sunsets and ocean views at the St. Regis Punta Mita Resort in Nayarit, Mexico

stregis001By Mike Bai­ley,
Senior Staff Writer
worldgolf.com

On a golf vaca­tion at the new St. Regis Punta Mita Resort in Mex­ico, you get Punta Mita Golf Club’s two great Jack Nick­laus golf courses, fine din­ing, plenty of pam­per­ing and killer sun­sets.
PUNTA DE MITA, Nayarit, Mex­ico - They don’t just give you the key to your room at the St. Regis Punta Mita Resort on the Riv­iera Nayarit.

After you sit down with your per­sonal check-in clerk (the process resem­bles an inter­view) at this Star­wood resort, you are escorted away to your room by your per­sonal but­ler. After this per­son lets you into your room, he explains the seem­ingly never-ending list of amenities.

For exam­ple, there are two flat screen TVs (one is in the bath­room), two show­ers (one is out­doors), a surround-sound sys­tem, desk with Inter­net hook-up, bath robes and slip­pers (of course), and a room with a view of the Pacific Ocean you can’t believe until you actu­ally see it.

Then your per­sonal but­ler, a trade­mark of the St. Regis brands, asks, “Can I unpack for you?”

Undoubt­edly, some guests, who are used to such pam­per­ing, reply “yes” or the but­ler wouldn’t ask this ques­tion. For the rest of us, we are only left to pon­der how the other half lives, which is exactly what the folks at Star­wood Hotels & Resorts have in mind when they open these lux­u­ri­ous resorts.

Here, they let you know upfront that laun­dry ser­vice is avail­able and encour­aged. Reser­va­tions are rec­om­mended for the evening restau­rants. And the spa — well that’s no ordi­nary spa, if there is such a thing.

If you need any­thing, you don’t call the front desk or the concierge, you call your but­ler, then he or she routs your request to the right per­son if need be. Some­how, though it isn’t true, you keep think­ing your but­ler is wait­ing right out­side your door all night. And for some guests, that’s just what they would expect.
St. Regis Punta Mita: Ser­vice, food and scenery at a higher level
Opened in Novem­ber 2008, the St. Regis Punta Mita is a direct com­peti­tor with the Four Sea­sons Punta Mita just down the road. The design for the St. Regis com­bines style ele­ments from France and Mex­ico, mak­ing use of nat­ural mate­ri­als, includ­ing Mex­i­can Galarza stone, river stone, mar­ble, onyx, wood and clay com­bined with Euro­pean furnishings.

002The resort also fea­tures the work of renowned Mex­i­can artists, includ­ing murals by Tatiana Mon­toya, who com­bines her mod­ern style with local his­tory like the fish­ing her­itage of Punta Mita.

Guests of both prop­er­ties have access to the pri­vate 36-hole Punta Mita Golf Club, which offers two Jack Nicklaus-designed golf courses — the Bahia Course and the Paci­fico Course — perched on the Pacific Ocean just above Ban­deras Bay, about 45 min­utes north of Puerto Vallarta.

The club­house to the Punta Mita Golf Club is actu­ally within a cou­ple of min­utes walk­ing dis­tance of the St. Regis, but they will offer you a ride nonetheless.

After you get done play­ing golf at either the new Bahia or the orig­i­nal Paci­fico — both with stun­ning views of the Pacific Ocean — there are a num­ber of relax­ing activ­i­ties for you wait­ing at the St. Regis.

My favorite was free, in a man­ner of speak­ing: watch­ing the sun­set from any­where on this 22-acre resort. Whether you are by the pool or watch­ing the sun­set from the pri­vate beach, the sun­sets are stun­ning, even with some cloud cover. And if you’re lucky, you might catch a glimpse of the blue whales who come to Ban­deras Bay to breed. Some­times the males can put on quite a show, splash­ing about for supe­ri­or­ity, try­ing to impress poten­tial mates.

There are three large infin­ity pools on the prop­erty. (Infin­ity pools don’t appear to have edges because they spill over into a sec­ondary catch basin below.) If that’s not pri­vate enough, there are cabanas for rent at the adult pool.

There are also ten­nis courts avail­able at the golf club, a gym with an indoor stu­dio, weights and car­dio­vas­cu­lar equip­ment, and an out­door area for yoga and Pilates. You can even hire a per­sonal trainer if you want.

For the ulti­mate reju­ve­nat­ing expe­ri­ence, though, there’s the 10,000-square-foot Remède Spa. There you’ll find nine treat­ment rooms — two of them for cou­ples. There’s also a deluxe spa suite, which includes a cou­ples room and pri­vate Jacuzzi. You can even rent your own cabana in the spa, where you can receive a vari­ety of beauty treat­ments, includ­ing var­i­ous mas­sage treatments.

The Remède Spa also has sep­a­rate Jacuzzi, sauna and steam bath areas for both men and women, lux­u­ri­ous locker-room facil­i­ties and a spa bou­tique with all the Remède prod­ucts avail­able. Sam­ples of these prod­ucts are included with the guest-room experience.

0071St. Regis Punta Mita Resort: Restau­rants and bars
The St. Regis Punta Mita Resort offers three restau­rants on the prop­erty, which range from casual and styl­ish to a lit­tle more for­mal. There’s also a “chic” lobby bar called Altamira. And you can view the heav­ens at night through a high-powered tele­scope with a lit­tle help from the res­i­dent expert.

For break­fast and lunch, there’s Las Mari­etas, which serves authen­tic Mex­i­can food in a casual atmos­phere under a Papago over­look­ing the Pacific Ocean.

The Sea Breeze Club, which over­looks the beach, offers an eclec­tic menu that fea­tures Cal­i­for­nia fare in a relaxed open envi­ron­ment. Here you can get Black Angus steaks, the catch of the day or large, orig­i­nal sal­ads, includ­ing the Caesar’s salad that comes with calamari.

And then for a lit­tle more for­mal expe­ri­ence, there’s the resort’s sig­na­ture restau­rant, Car­olina, which is located in the main build­ing. It, too, has great views of the ocean and the rest of the resort with a bar and out­door ter­race. Here you can get seafood that high­lights a mosaic of Mediter­ranean culi­nary styles fused with local flavors.

St. Regis Punta Mita Resort: The ver­dict
The St. Regis Punta Mita Resort is one of those places you stay at and after­wards ask your­self, “What else is there?”

Here, the staff mem­bers see to all your needs, whether you want them to or not. It’s on a piece of prop­erty that almost seems too good to be seen only by a few, but alas, that’s the way of the world.

Noth­ing has been left to chance. Pri­vate entrances with impec­ca­ble land­scap­ing and gar­den­ing cre­ate a feel­ing of seclu­sion. When you first arrive, it’s easy to get lost, despite the fact that there are just 120 gue­strooms and suites (includ­ing the lux­u­ri­ous, three-bedroom Pres­i­den­tial Suite). The resort could be full, yet you’d feel like you’re there almost by yourself.

Yes, this is where the stars in enter­tain­ment, sports and busi­ness go to relax. It’s pretty much the ulti­mate get­away if you’ve got a lit­tle time and money to spend.

0031Get­ting there and what’s nearby
The resort is 50 min­utes from the Puerto Val­larta Inter­na­tional Air­port to the south in Puerto Val­larta. Sev­eral major U.S. car­ri­ers, as well as Aero Mex­ico, pro­vide non­stop ser­vice from cities such as Miami, Hous­ton, Dal­las, New York and Chicago.

While the St. Regis Punta Mita Resort is a vaca­tion all on its own, you can find great shop­ping and din­ing in Puerto Val­larta as well as the nearby vil­lages of San Fran­cisco (San Pan­cho) and Sayulita in Nayarit.

In San Pan­cho, you’ll find unspoiled beaches, great ocean­side din­ing and local artists sell­ing some really unique pieces. Sayulita is the place you want to go if you surf or would like to take up surf­ing. It’s also a good launch­ing pad for fish­ing, if you’re so inclined.

For me, golf and sun­sets were plenty.

March 10, 2009

Mike Bai­ley is a senior staff writer based in the Hous­ton area. Focus­ing pri­mar­ily on golf west of the Mis­sis­sippi, he con­tributes course reviews, travel sto­ries and fea­tures as well as the occa­sional equip­ment review. An award-winning writer and past pres­i­dent of Texas Golf Writ­ers Asso­ci­a­tion, he has more than 15 years in the golf indus­try. Before join­ing the WorldGolf.com team in 2008, he held posi­tions at PGA Mag­a­zine, The Golfweek Group and Avid­Golfer Magazine.

http://www.worldgolf.com/resort-reviews/st-regis-punta-mita-resort-nayarit-mexico-9889.htm

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Anxiety Moves In To the Nicer Hotels

Pub­lished: Feb­ru­ary 2, 2009

BUSINESS trav­el­ers are gen­er­ally fond of the hotel indus­try, which is a lot more than can be said of the air­line industry.

In the last 10 years, hotels have steadily improved prod­ucts and ser­vices, and now we rou­tinely expect con­sis­tency, con­ve­nience and com­fort at hotels at most price levels.

Take bed­ding, for example.

Ten years ago, Westin Hotels intro­duced its mul­ti­lay­ered Westin Heav­enly Bed, and even began sell­ing the beds online to happy cus­tomers. Com­peti­tors fol­lowed. Today, there is hardly a hotel in the midlevel cat­e­gory or above that doesn’t fea­ture high-quality bedding.

The hotel indus­try started a rev­o­lu­tion in the retail bed­ding indus­try as fre­quent trav­el­ers came home and decided, as one female busi­ness trav­eler told me, “My own mat­tress was junk and I needed to upgrade to hotel stan­dards.” Few trav­el­ers, it should be added, would talk of a wish to upgrade to “air­line standards.”

Yes, times were good for hotel own­ers and man­agers in recent years, as demand and rev­enues surged.

But that’s over now. Hotel com­pa­nies are report­ing steady decreases in rev­enue, occu­pancy and aver­age room rates. For exam­ple, Star­wood Hotels & Resorts, which owns the Westin, Sher­a­ton and other brands, reported last week that rev­enue per room in North Amer­ica fell 13.2 per­cent in the fourth quar­ter. Star­wood said it antic­i­pated “a sig­nif­i­cant decline” in world­wide room rev­enue this year, and planned a “sig­nif­i­cant” reduc­tion in cap­i­tal spending.

The good news for busi­ness trav­el­ers is that pric­ing power has shifted strongly away from the seller to the buyer. So it’s a great time to shop for bargains.

But anx­i­ety is ram­pant now in the hotel indus­try. Some own­ers are ter­ri­fied as debt pay­ments come due and rev­enue drops. Last week, PKF Hos­pi­tal­ity Research said that hotel own­ers could be look­ing at “one of the worst years on record,” and that the num­ber of full-service hotels in the United States lack­ing the cash flow to pay debts will increase by 25 per­cent this year.

How does the imme­di­ate future look from behind the front desk?

Sag­ging demand and lower rates, said Anne Lloyd-Jones, the senior vice pres­i­dent of HVS Global Hos­pi­tal­ity Services.

Just as the room rate growth in 2008 was dri­ven by strong demand and opti­mism from the year before, the influ­ences in 2009 are the absolute oppo­site,” Ms. Lloyd-Jones said. “And no one knows yet what the bot­tom of this slump will look like.”

Demand has dropped, but not evap­o­rated, of course. More than ever, she said, demand “is mov­ing around,” search­ing for value within dif­fer­ent price lev­els. At the same time, hotel man­agers are strug­gling to main­tain stan­dards and to fig­ure out how to price their prod­uct, and where to sell it.

One new dynamic has peo­ple in the higher end of the indus­try con­founded, inci­den­tally. That’s the pal­pa­ble back­lash against per­ceived cor­po­rate excess, which has been dri­ven by reports of lav­ish spend­ing by com­pa­nies that had received fed­eral bailout money. After such reports began sur­fac­ing last fall, cor­po­rate travel man­agers became wary of approv­ing travel expenses at lux­ury brand hotels.

For busi­ness trav­el­ers, it “looked bet­ter on their expense sheet if they were stay­ing at a Court­yard by Mar­riott,” Ms. Lloyd-Jones said.

In this atmos­phere, Mar­riott Inter­na­tional, which owns the Ritz-Carlton hotel brand as well as Court­yard and oth­ers, had a prob­lem that was dif­fer­ent from what other lux­ury hotels were fac­ing. The word “ritz,” as in “ritzy” or “putting on the ritz,” was right there in its title.

Jack van­Hartesvelt, who owns sev­eral lux­ury hotels includ­ing the Lib­erty in Boston, joked about such per­cep­tions. “The name Lib­erty can show up on an expense account at a room rate of, say, $365, and that’s fine. Put that same rate down with the name Ritz, and peo­ple go, ‘Hey, wait a minute!’ ”

But for all the pain now, both Ms. Lloyd-Jones and Mr. van­Hartesvelt agreed, the hotel indus­try should be in a good posi­tion once the econ­omy recov­ers. For one thing, the num­ber of new hotels under con­struc­tion or in active devel­op­ment is start­ing to decline, indus­try fig­ures show.

Even with a poten­tial for a long-lived slow­down in demand, the cur­rent over­sup­ply of hotel rooms will shrink to man­age­able lev­els. Some infe­rior hotels will sim­ply close. Some projects under devel­op­ment will be aban­doned. And new projects are not being planned in the same num­bers a year ago.

Mr. van­Hartesvelt is opti­mistic that busi­ness will pick up in two or three years. “This is cre­at­ing a win­dow where in 2010 or 2012,” he said, “if you’re a hotel, and if you can hang around that long, as the econ­omy rebounds and demand rises with no addi­tion in sup­ply from the pipeline, you could find your­self in a fun busi­ness once again.”

That’s a lot of ifs. Mean­while, if you’re a fairly recent hotel investor, the biggest if is whether you’ll be around to join in the fun.

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