News for the Hospitality Executive
Tom LaTour, Former Chairman and CEO of Kimpton Hotels,
Starts New Venture
Within the Fractional Resort Industry with the LaTour Signature Group
|SAN FRANCISCO (Feb. 5, 2008) – Tom LaTour, renowned hotelier,
vintner and restaurateur is placing his signature touch on the booming
second home market in Mexico.
The former Chairman and CEO of Kimpton Hotel Group, has launched LaTour Signature Group, a joint-venture enterprise with ResortCom Elite that will transform luxury vacation experiences at select five-star fractional resort properties throughout North America and Mexico. The exclusive Olamar property in Cabo San Lucas marks the company’s foray into Mexico’s thriving shared ownership vacation travel industry.
“Our objective is to provide life-enhancing memories for high-end vacationers at exquisite properties,” says La Tour, a hospitality veteran known for creating boutique properties with chef-inspired restaurants in vibrant urban locales.
Olamar is a private residential enclave currently under construction just steps from Cabo San Lucas’ secluded Monuments Beach, with a pristine view of Cabo’s iconic Los Arcos arch. Fractional ownership of elegant, fully furnished three- and four-bedroom beachfront residences are now selling from the mid $300,000s for one-eighth interest, and whole ownership of oceanfront villas from $2 million. With the first phase expected to be ready for occupancy in June 2008, owner benefits will include: infinity-edge swimming pool, spas, fire pits, outdoor bar and restaurant, fitness center, lounge and direct access to a secluded swimming and surfing beach. For more information, visit www.olamarliving.com.
Working first with developers of private residence clubs, and then ultimately the owners, LaTour Signature Group will deliver hand-picked and exceptionally trained resort staff, highly personalized concierge services and world-class leisure, recreational and health and wellness programs, as well as privately stocked wine cellars and other one-of-a-kind culinary experiences from cooking classes to excursions to local farmers markets.
In addition to Olamar, LaTour is in negotiations with other Mexico projects in Rosarito and Ensenada, Los Cabos (Loreto) and Playa del Carmen, as well as other emerging ski, golf and oceanfront locations throughout North America and the Caribbean.
About LaTour Signature Group
Launched by Tom LaTour in 2007, LaTour Signature Group delivers an exceptional
five-star vacation resort “lifestyle” experience to select developers and
owners of new and existing properties by managing all of the operational
aspects of fractional interest resorts.
Based in San Diego, ResortCom Elite is the luxury division of its parent company, ResortCom International, and provides financial services, concierge and owner services and resort operations to private residence clubs, luxury fractional ownership properties and condo hotels. Under the direction of Chairman John Small and President Jeff Healy, ResortCom International’s 200 employees in offices in California and Florida and 800 employees worldwide at its resorts, provide exceptional services to over 50 clients worldwide and more than 200,000 satisfied owners at resorts in the Caribbean, Mexico and the U.S. (including Hawaii).
LaTour Signature Group
|Also See:||Tom LaTour, CEO and Chairman of Kimpton Hotels, Named 2005 Industry Leader of the Year by Michigan State's School of Hospitality Business / November 2005|
|Steve Case, Co-founder of America Online, Increases Majority Ownership in Exclusive Resorts, Named Chairman of the Company; Names Management Team / November 2004|