Friday September 10 , 2010

The Registry Collection adds Las Palomas Beach and Golf Resort to its Global Portfolio

PARSIPPANY, NJ (April 25, 2007) - The Registry Collection program, the worlds largest luxury exchange program, announced today the addition of Las Palomas Beach and Golf Resort to its network of more than 100 exclusive high-end leisure assets.

Developed by The WorldWide Group, Las Palomas Beach and Golf Resort is a 350-acre golf community located in Puerto Peñasco, Mexico, on the coast of the Sea of Cortez. Starting in May 2007, Las Palomas will offer one-seventh, deeded interests with one- to five-bedroom floor plans of 110 condos in the Riviera Building. Ranging from $90,000 to $450,000 USD, the cost of the individual fractions will vary depending on the number of bedrooms and allows owners seven weeks of usage per year.

“Our goal is to sign affiliation agreements with those resorts who have the very best amenities and services preferred by todays high net worth consumer,” said Ricardo Montaudon, President and CEO, RCI Global Vacation Network Latin America and the Caribbean. “This makes Las Palomas Beach and Golf Resort a perfect fit with The Registry Collection program.”
Additionally, Las Palomas master plan calls for 2,000 residences with construction underway in Phase Three, including the 15-story Riviera building, which is expected to be completed in 2008. Condos will offer full-ocean views and terraces, in addition to state-of-the-art appliances and richly decorated interiors. Additional features include wireless Internet, satellite television, gourmet kitchen, and laundry room. Resort amenities include a three-acre infinity pool, lazy river, water slide, heated whirlpool, fitness center and access to the only true links 18-hole golf course in the Southwest.

“We are very pleased that The Registry Collection program has chosen Las Palomas Beach and Golf Resort as its first affiliate in Puerto Peñasco,” says Mario Mendez, managing director of The WorldWide Group. “Together, we look forward to opening an entire world of vacation destination options to our high-end fractional interest owners.”

Additional information on Las Palomas Beach and Golf Resort is available at www.laspalomasresort.net (reservations) and The Registry Collection Web site is www.theregistrycollection.com.

About The Registry Collection®
The Registry Collection, a global network comprised of a broad selection of luxury leisure assets, is the worlds largest luxury exchange program. By providing members with worldwide access to the very finest vacation properties and services, The Registry Collection program enables luxury leisure real estate developers and owners to meet the unique needs of discerning and affluent consumers while setting the stage for unprecedented business growth. The Registry Collection program is offered by the RCI Global Vacation NetworkSM, the global leader in leisure accommodations with exclusive access for specified periods to more than 60,000 vacation properties in more than 100 countries.