Hotel Atop the 67-story Marquis Condominium-hotel Complex in Miami
BROOMFIELD, Colo., Dec. 18, 2006 - RockResorts International, LLC, a luxury hotel company based in Broomfield, CO and wholly- owned subsidiary of Vail Resorts, Inc. (NYSE: MTN), announced today that the 56 room and suite Marquis Hotel & Spa in Miami, Florida has been added to its collection of high-end properties. RockResorts will manage the hotel, scheduled to open in February 2009, under a long-term management contract with its owner Leviev Boymelgreen Developers of Florida. RockResorts is currently providing technical consulting services during the development and pre-opening phases of the project.
Marquis Hotel & Spa, A RockResort will be part of Marquis, a 67-story luxury condominium-hotel complex, designed by renowned architectural firm Arquitectonica. Each of the 56 spacious guestrooms and suites, which range from 500 square feet to 1100 square feet, feature sweeping water views of Miami's Biscayne Bay. RockResorts will also manage the full service spa and fitness center, a fine-dining restaurant and bar, and meeting space. The project is located within walking distance of Miami's new $446 million Carnival Center for the Performing Arts and minutes from the American Airlines Arena, beaches, restaurants, and shopping.
"The Marquis Hotel will set a new standard in luxury for visitors to Miami, a city already known for its world-class accommodations," said Rob Katz, CEO of Vail Resorts. Katz continued, "We are extremely excited about opening a RockResort in the middle of the tremendous re-birth of the Bicentennial Park area in one of the most cosmopolitan cities in the world. RockResorts caters to guests seeking distinctive luxury experiences, and having a RockResort in the new cultural center of Miami clearly meets that high standard."
"RockResorts' experience in unique, high-end hotel and spa developments was a perfect match for our project, and we're thrilled to be making this announcement," said Andrew B. Hellinger, President of Leviev Boymelgreen Florida. Hellinger continued, "The RockResorts collection speaks to a sophisticated, inquisitive traveler and our location in the heart of downtown Miami's renaissance is something RockResorts guests will be excited about."
For more information about Marquis Hotel & Spa, A RockResort, visit http://www.rockresorts.com or http://www.MarquisMiami.com or call 305-571-4001.
About RockResorts -- A luxury resort hotel company based in Broomfield, Co, RockResorts manages casually elegant resorts. The RockResorts portfolio includes: The Pines Lodge in Beaver Creek, Colo.; Keystone Lodge in Keystone, Colo.; The Lodge at Vail in Vail, Colo.; The Lodge & Spa at Cordillera in Edwards, CO; La Posada de Santa Fe Resort & Spa in Santa Fe, N.M.; The Equinox Resort & Spa in Manchester Village, Vt.; Rosario Resort & Spa on Orcas Island, Wash.; and Snake River Lodge & Spa in Jackson Hole, Wyo. The Arrabelle at Vail Square, A RockResort in Vail, Colorado, is expected to open in November 2007, and Rum Cay Resort Marina, which will be managed by RockResorts, is currently under construction in the Bahamas. RockResorts is a subsidiary of Vail Resorts, Inc., a publicly held company traded on the New York Stock Exchange (NYSE: MTN). Visit the online pressroom, including downloadable image archive, at media.rockresorts.com
About -- Leviev Boymelgreen was established as a partnership between Boymelgreen Developers of New York, Africa Israel Investments, Ltd. and the Leviev Group to marshal their collective global and local real estate development expertise. Leviev Boymelgreen has quickly built an impressive oeuvre of top-of-the-line residential, mixed-use, and retail properties. Known for creating properties with luxurious living, excellent design, high- quality finishes, craftsmanship, and the latest technology, Leviev Boymelgreen has focused on creating a strong presence in New York City, Toronto, Las Vegas and Miami, developing more than 8 million square feet in New York City and creating a $1.5 billion plan to develop projects in Miami.
Vail Resorts, Inc.
|Also See:||South Beach Resort Development, LLC Selects Regent to Manage 80 room $67 million Hotel Being Designed by Arquitectonica in South Beach (Miami) / March 2003|
|Montana Holdings Ltd Selects RockResorts to Manage the $700 million, 870-acre Multi-use Resort Development on Rum Cay Island, Bahamas / October 2006|