press releases

THE RITZ-CARLTON HOTEL COMPANY, L.L.C. ANNOUNCES FUTURE RITZ-CARLTON RESERVE LOCATION IN LOS CABOS, MEXICO

THE RITZ-CARLTON HOTEL COMPANY, L.L.C. ANNOUNCES FUTURE RITZ-CARLTON RESERVE LOCATION IN LOS CABOS, MEXICO

The Ritz-Carlton Hotel Company, L.L.C. announced an agreement with a joint venture between Grupo Questro and Trinity Investments L.L.C. at a signing ceremony today, for The Ritz-Carlton to operate a Ritz-Carlton Reserve to be developed within San Jose del Cabo, Mexico. The scenic Mexican town will add new luster to the destination with the 2015 opening of the first Ritz-Carlton Reserve project in the country. Nestled along 800 feet of oceanfront along Mexico’s Baja Peninsula, 124 private, single-story, oceanfront villas will each have breathtaking panoramic views across the Sea of Cortez in an area of outstanding natural beauty. Historic Los Cabos dates its legacy to the 16th century and the Spanish Conquistadors, but today is known as one of the most desirable vacation getaways in North America. “We have looked at many sites in Mexico over the years, and believe the location at Los Cabos will offer our sophisticated travelers an exciting new place to explore and enjoy. It is an added pleasure to be working with our solid developers, Grupo Questro and Trinity Investments.” said Herve Humler, president, The Ritz-Carlton Hotel Company L.L.C. “The concept of the resort is simple and yet exudes style and luxurious levels of comfort. It will provide a complete escape to the unexpected; a private, exclusive leisure experience that blends unique elements of the local culture, history, and heritage with intuitive individual service, exquisite indigenous design, casual ambiance, and respect for the surrounding environment,” said Humler. Design inspiration for each Reserve is taken from the unique environment in which each property is based. From native architectural signatures and innovative local art, to indigenous furniture and motifs inspired by regional tradition, every design element of a Ritz-Carlton Reserve powerfully locates guests in a sense of place. Eduardo Sánchez-Navarro, RT, CEO of Grupo Questro, said, “After a great deal of intensive work identifying the site and working on the feasibility and designs, we are delighted to have signed with The Ritz-Carlton as our management company of choice, a globally recognized luxury brand who will add tremendous value to the wonderful 30 acre site.” He went on to add, “Every detail of the concept for the Ritz-Carlton Reserve brand extension marries perfectly with the exclusive boutique retreat that we are creating. As the name suggests, it’s something very special indeed, it’s a limited edition, like a Reserve vintage.” The hotel will offer one, two and three-bedroom villas, each with private infinity plunge pools, outdoor terraces with intimate fireplaces, outdoor showers and butler service. Additional resort features and amenities within the Puerto Los Cabos mixed-use development include a world-class Spa, Desert Botanical Theme Park, Fisherman's Wharf, a 500-slip marina, two private championship golf courses, designed by Jack Nicklaus & Greg Norman and proximity to the town of San Jose del Cabo and the airport. In addition, the construction of a five star caliber luxury resort in Mexico will bring jobs to Los Cabos, both during the construction phase and once the resort commences operations. The economic impact of A Ritz-Carlton Reserve provides long term benefits to the area and local citizens, and will help to enhance the reputation of Los Cabos as an exclusive destination for international tourists.

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Building a New Cabo: $2.5 Billion Puerto Los Cabos Brings San Jose Del Cabo into Limelight

Building a New Cabo: $2.5 Billion Puerto Los Cabos Brings San Jose Del Cabo into Limelight

Ritz-Carlton Reserve Residences is Latest Addition To Booming 2,000 Acre Master-Planned Resort Community Los Cabos, Mexico (June 13, 2016) – Stretching 2,000 oceanfront acres in Los Cabos, Mexico, the $2.5 billion Puerto Los Cabos master-planned resort community is the largest development undertaking ever in the formerly underserved area and with 28.87%, it’s creating a new heart within San Jose Del Cabo’s now booming hotel and residential scene. Since breaking ground in 2005, Puerto Los Cabos has welcomed an impressive collection of luxury hotels, resorts and amenities. Most recently, developer Grupo Questro announced Mexico’s first Ritz-Carlton Reserve hotel and residences within the community and $70 million in pre-sales. In November, JW Marriott Los Cabos Beach Resort and Spa opened, with other hotel openings within the last 36 months including Secrets Puerto Los Cabos Golf & Spa Resort and Hotel El Ganzo. Just outside the gates of Puerto Los Cabos development is also booming, including the five-star Hotel Mar Adentro that opened in December. An additional two more luxury hotels within San Jose Del Cabo are slated to open by the end of 2017, according to the Los Cabos Hotel Association. Just 10 minutes from downtown San Jose Del Cabo, Puerto Los Cabos has played an important role in fueling the growth and popularity of the “other side” of Los Cabos. Puerto Los Cabos is home to luxury amenities available nowhere else in the region including a newly-built marina that currently offers 200 slips up to 400 feet in length; a drystack and boatyard with 150-ton travel lift and 24-hour security; a composite 18 holes of golf with nine holes designed by Greg Norman and nine holes designed by Jack Nicklaus; and a 12-acre Cactus Botanical Park that features more than one million plants, including a labyrinth of 1,000 bonsai bougainvillea and more than 1,500 species of cactus and succulents from around the world. “Between the rare beauty of Puerto Los Cabos’ dramatic setting between the mountains and the Sea of Cortez to the world-class marina and golf courses, the development has raised the bar for authentic travel and residential experiences within Los Cabos,” said Alex Cuttler, director of marketing for Grupo Questro. “Demand continues for new experiences in Los Cabos with Puerto Los Cabos at the heart of many of the newest developments and openings.” Puerto Los Cabos includes more than 740 acres of real estate ranging from entry-level golf villas priced from the low $1 million to $15 million vacation homes. Close to 60 percent of the community remains open for future development. The community’s newest real estate offering, West Enclave, a Ritz-Carlton Reserve Residence is offering a collection of 27 indoor/outdoor villas featuring more than 10,000 square feet of indoor/outdoor living space, private swimming pools, floor-to-ceiling windows looking directly onto the Sea of Cortez, superbly appointed double kitchens and five en-suite bedrooms. Homeowners and resort guests alike have access to three miles of white sand oceanfront along the base of the Sierra de la Laguna Mountains with a private beach club featuring an infinity edge pool, easy beach access, fire pits and a full-service spa and fitness center. Los Cabo’s newest trend in organic and locally-farmed cuisine is also headquartered in Puerto Los Cabos where the popular Flora Farms maintains a 10-acre organic farm with an accompanying restaurant, Flora's Field Kitchen and Farm Bar; Acre Baja operates a 25-acre farm set within a natural palm grove along with a restaurant, The Restaurant at Acre, and the nearby Huerta Los Tamarindos also features a certified organic farm that hosts orchard tours, cooking classes and a center of outdoor events for parties and meetings. Widely known as the quieter, more private and intimate side of Los Cabos, compared to the bustling, tourist-centric vibe of Cabo San Lucas just 30 minutes away, San José Del Cabo has grown in popularity as visitors seek a more low-key and untouched escape. Featuring an authentic downtown plaza, vibrant art and culture scenes and sprawling world-class resorts, the Gallery District of San Jose Del Cabo has become the cultural center of greater Los Cabos with many high-end fine art galleries featuring local contemporary artists. For more information on Puerto Los Cabos, visit http://www.puertoloscabos.com/. For more information on West Enclave, a Ritz-Carlton Reserve Residence, visit http://rcrr-loscabos.com/. About Grupo Questro Over the course of more than 20 years, Grupo Questro has emerged as one of the most highly respected developers in all of Mexico. Helmed by the visionary Eduardo Sanchez-Navarro, Grupo Questro’s mission is to develop business opportunities of value that generate memorable experiences for its collaborators and clients. In areas throughout Mexico such as Los Cabos, Mexico City and Acapulco, Grupo Questro’s world-class resort destinations include Puerto Los Cabos, El Dorado, Cabo Real and Club Campestre San Jose. Resort projects include Ritz-Carlton Reserve Residences, Casa del Mar, Secrets, Dreams, El Ganzo, ME by Melia, and Casa Dorada. Nationally, company divisions include commercial and entertainment centers, golf, marinas, residential developments, hotels and time shares. For more information, visit www.questro.com.

Developer Launches First Release of Ritz-Carlton Reserve Residences with $70M in Pre-Sales The First Residences Are Expected to be Delivered in the Fourth Quarter of This Year

Developer Launches First Release of Ritz-Carlton Reserve Residences with $70M in Pre-Sales The First Residences Are Expected to be Delivered in the Fourth Quarter of This Year

Los Cabos, Mexico (April 27, 2016) – The developer of West Enclave, a Ritz-Carlton Reserve Residence, located in Los Cabos, Mexico, has opened sales to the public this week for a limited collection of 27 single-family Residences, following $70 million in pre-sales. The initial phase of Reserve Residences is priced from $4.2 million and nestled along a sea-view bluff within the master-planned resort enclave of Puerto Los Cabos in San Jose Del Cabo. These expansive villas feature a combined 10,000 square feet of indoor/outdoor living space, sleek and modern architecture with floor-to-ceiling windows overlooking the Sea of Cortez, a double kitchen, five en suite bedrooms with indoor/outdoor showers, massage gardens, an entertainment room with en-suite bathroom, service room with full bathroom, two powder rooms and a quietly efficient background of premium technology. Outdoor amenities include more than 4,000 square feet of outdoor living space complete with a private swimming pool and spa, covered living and dining area with bar, fireplace and BBQ, open-air courtyard with fire feature, fire pit, two golf cart parking spaces and a two-car garage. “Puerto Los Cabos is the hottest and most exclusive community in Los Cabos and our Ritz-Carlton Reserve Residences bring a truly limited opportunity to experience San Jose Del Cabo in an unprecedented way,” said Alex Cuttler, director of marketing for the project developer, Grupo Questro. “These residences will offer truly stunning amenities, spectacular views and expansive floorplans with substantial square footage. Our offering is truly unique and the pre-sale success we’ve seen is a testament to that.” Owners will have access to legendary Ritz-Carlton service including a full-time Director of Residences, an owners-only concierge and additional residential staff dedicated to the needs of residence owners and their guests. Owners will enjoy a private, Owners’ Welcome Center, and experience ambassadors who can arrange special outings. A la carte services from the adjacent Ritz-Carlton Reserve hotel include in-residence dining and catering, butler service, housekeeping and specialized children’s programs. The hotel is expected to open in 2017. West Enclave, a Ritz-Carlton Reserve Residence, is designed to capture the culture, history and heritage of Los Cabos. The Residences offer owners and their guests a hideaway destination with a relaxed, casually elegant atmosphere and an environment that combines privacy with access to the best, most rare, experiences available to those seeking a primary or secondary home. The Ritz-Carlton Reserve hotel and residences are a $430 million undertaking led by Grupo Questro, one of Mexico’s most highly respected developers. It is located within Grupo Questro’s multibillion dollar, master-planned resort community of Puerto Los Cabos in San Jose Del Cabo that spans 2,000 oceanfront acres. With three miles of pristine, private beaches, residence owners have exclusive access to a world-class marina accommodating yachts up to 400 feet, private beach clubs, an estuary, rolling hills robed in exotic flora, signature golf courses from both Jack Nicklaus and Greg Norman, a private sculpture garden and a 12-acre cactus botanical park. The Ritz-Carlton Reserve Residences Discovery Center is located at Paseo de los Pescadores S/N, Anita, Puerto los Cabos, 23403 in San José del Cabo, B.C.S., and is open Monday through Saturday from 10:00 a.m. to 5:00 p.m. and Sunday by appointment. For more information, visit http://rcrr-loscabos.com or call 011+52 (624)105 6047 (within San Jose Del Cabo), 1-855-375-2266 (from U.S.) or 01 800 322 2675 (from Mexico). About The Project Developed by Grupo Questro, West Enclave, a Ritz-Carlton Reserve Residence, is a collection of 27 exceptional Ritz-Carlton Reserve Residences in Los Cabos, Mexico, where owners will benefit not only from the legendary, anticipatory service of a dedicated residential management team and an adjacent Ritz-Carlton Reserve hotel, but also from an unparalleled sense of place and whole ownership. The initial phase of residences features indoor/outdoor villas averaging 10,000 square feet, inclusive of 4,000 square feet of outdoor living space, these sprawling single-family contemporary homes offer a serene, private location with each Residence having its own swimming pool, floor-to-ceiling windows looking directly onto the Sea of Cortez, superbly appointed double kitchens, five en-suite bedrooms, an entertainment room and a quietly efficient background of premium technology. Rising from a sea-view bluff within 2,000 oceanfront acres of the private and protected master planned resort enclave of Puerto Los Cabos, the Reserve Residences offer a stunning setting with full access to unspoiled beaches, a world-class marina, private beach clubs, an estuary, rolling hills robed in exotic flora, two signature golf courses from both Jack Nicklaus and Greg Norman, a private sculpture garden and a 12-acre cactus botanical park. Complementing the Reserve Residences will be a Ritz-Carlton Reserve hotel. Also developed and owned by Grupo Questro, it is expected to open in 2017. For more information about the Reserve Residences, visit www.rcrr-loscabos.com or call 855-375-2266. About Grupo Questro Over the course of more than 20 years, Grupo Questro has emerged as one of the most highly respected developers in all of Mexico. Helmed by the visionary Eduardo Sanchez-Navarro, Grupo Questro’s mission is to develop business opportunities of value that generate memorable experiences for its collaborators and clients. In areas throughout Mexico such as Los Cabos, Mexico City and Acapulco, Grupo Questro’s world-class resort destinations include Puerto Los Cabos, El Dorado, Cabo Real and Club Campestre San Jose. Resort projects include Ritz-Carlton Reserve Residences, Dreams, Secrets, El Ganzo, ME by Melia, Casa Dorada and Casa del Mar. Nationally, company divisions include commercial and entertainment centers, golf, marinas, residential developments, hotels and time shares. For more information, visit www.questro.com. The Ritz-Carlton Reserve Residences at Puerto Los Cabos are not owned, developed or sold by The Ritz-Carlton Hotel Company, L.L.C. or its affiliates ("Ritz-Carlton"). Banco Invex S.A., Institución de Banca Múltiple, Invex Grupo Financiero División Fiduciaria, Fideicomiso 192 Puerto Los Cabos - FONATUR 192 and Fideicomiso 283 “Puerto Los Cabos III” (jointly and severally) use The Ritz-Carlton marks under a license from Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations made herein.