Hospitality Industry Veteran Joins Villa Del Mar Turks & Caicos to Oversee Expansion, Enhance Guest Services

PROVIDENCIALES, TURKS and CAICOS ISLANDS–(Marketwire – October 15, 2010) –  Villa del Mar, a luxury, boutique hotel in the heart of world-renowned Grace Bay in the Turks and Caicos Islands, today announced the appointment of Alan M. Lawley as development director and operations manager. In this new role, Lawley will focus on expanding the resort’s range of guest services, and oversee the second phase of development at the popular condo-hotel style property. Current plans call for a doubling of the 42-room resort, with new luxury studio, one-, and two-bedroom suites in a second building, plus a full-service restaurant, spa and fitness facilities.

Upon Lawley’s arrival, Villa del Mar has already expanded guest services with a deluxe, complimentary poolside breakfast, beverage service on the beach and $100 bar credit as part of its promotional offers, which include:

• 7^th night free over the holiday (from Dec. 20, 2010 to Jan 7, 2011)
• 50% off studios from now until December 20, 2010
• 5^th and 7^th nights free from January 8 to April 30, 2011

For more information and details on restrictions of the promotional offers go to: http://www.yourvilladelmar.com/ratesRes.html

Lawley joins Villa del Mar from Pacrim Hospitality Inc., a leading hotel operator in North America, where he managed one of the company’s most successful property portfolios and spearheaded special projects. Prior to Pacrim, he was General Manager and Director of Operations with several exclusive, award-winning resorts in Western Canada, such as Emerald Lake Lodge Resort and Conference Center in Yoho National Park, as well as resorts operated by Sunset Resorts/Grand Canadian Resorts International and Marriott International Inc.

“We have ambitious plans for Villa del Mar, both from a hospitality and development standpoint, and Alan has the type of experience that will be a great asset to both our team on the ground in Turks & Caicos and our guests. His dual focus of enhancing the guest experience while also overseeing development is critical to continuing the growth and momentum Villa del Mar has enjoyed since it opened three years ago,” said Greg Greatrex, Director of Del Mar Developments Ltd. “We have had a very positive response from investors and guests over the past few years and expect that Alan will continue to build on this success and provide an even more appealing resort experience for our guests and attractive ownership opportunity for our investors in this magnificent destination.”

Villa del Mar currently occupies two acres adjacent to the world famous Graces Bay Beach, offering an exclusive, convenient and affordable escape in the heart of Turks and Caicos. All units are available for private ownership and are managed by the Villa del Mar resort management operation, ensuring a high level of quality and customer service, as well as strong return on investment for owners. The second phase of the development will add 43 luxury units, with groundbreaking expected in spring 2011 and pre-sales programs beginning December 1, 2010 (For more information on investment opportunities at Villa Del Mar, go to: http://www.villadelmargracebay.com). Complete information on all vacation offers and the resort is available at www.yourvilladelmar.com or by calling 1-877-209-0506.

About Villa del Mar Turks and Caicos
Villa del Mar is centrally located in the heart of Providenciales, the tourism center of the Turks and Caicos. Situated just footsteps from the award-winning Grace Bay Beach, the finely-appointed 42-room property features deluxe studios, one- and two-bedroom suites, and breathtaking penthouse suites, all of which have been meticulously designed for an ideal tropical getaway. The Turks and Caicos are a small, upscale island destination located just over an hour’s flight from Miami. The island chain, a UK Territory, consists of more than 40 islands and cays, eight of which are inhabited. Regularly scheduled air service is available from major gateway cites.

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