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Kor Hotel Group Acquires the Villa del Sol Resort
Located just Outside Ixtapa, Mexico
LOS ANGELES - March 6, 2007 - Kor Hotel Group, the Los Angeles-based luxury hotel operator, brings its management expertise to one of the most captivating shorelines along Mexico’s magnificent Pacific Coast. Known for its signature fusion of innovative design, luxury amenities and superior service, Kor Hotel Group has acquired the Villa del Sol resort located just outside the authentic fishing village of Zihuatanejo along the sheltered shores of Zihuatanejo Bay and four miles south of the resort destination of Ixtapa. 

Admired for its “laid-back atmosphere and polished rooms” by Travel + Leisure magazine and listed on Condé Nast Traveler’s 2007 “Gold List,” Villa del Sol is a romantic hideaway, reclining along sugar-white sands. 
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"The acquisition of Villa del Sol allows us to extend our presence from the quickly-developing Mayan Riviera on Mexico’s Caribbean side to the classic destination regions around Ixtapa on its Pacific edge," said Jeffrey Smith, COO of The Kor Group. "As Kor’s fourth venture in Mexico, after Ikal del Mar near Playa del Carmen and our upcoming Viceroy Riviera Maya Resort & Residences and Tides Playa del Carmen, this purchase reinforces our commitment to Mexico. This singular property, as conceived by its visionary creator Helmut W. Leins, aligns beautifully with our growing portfolio of international hotels and resorts.” 

Thirty-five luxurious guestrooms and 35 suites are housed in two-story, adobe-inspired casitas, tastefully decorated with local Mexican art and clad in vibrant colors, reflective of the tropics. Located just footsteps from a palm-studded beach, each room is unique in design and features a private terrace. Suites include intimate outdoor infinity-pools for soaking up the views. The resort’s terracotta-tiled villas and thatched palapa cabanas merge with the green sea of rustling coconut palms, tropical gardens and gentle waterfalls that enfold it. 

A private beach that stretches along one-thousand feet of azure waters on the resort’s splendid Pacific coastline is strewn with teak lounge chairs and exclusive palapas. Four swimming pools, including a 60-foot lap pool and inviting infinity pool, poised at water’s edge as if spilling directly into the sea, provide a playful palette for guests’ enjoyment. 

Kor Hotel Group’s immediate plans include the conversion of the property’s intimate spa into a world-class spa with expanded facilities and menu of services. Area activities are abundant and include tennis, golf, scuba diving, snorkeling, horseback riding, wind surfing, deep sea fishing and water skiing. Relaxed contentment is made complete with award-winning Mexican Pacific cuisine at two gourmet dining venues and the convivial ambience of three bars. 

In the late 1970s, Helmut Leins, a young adventurous German engineer, was intrigued by the sheltered shores of Zihuatanejo Bay where he discovered Playa La Ropa and started Villa del Sol which he continually enlarged and upgraded. As a result of Leins’ dedication and devotion to the property over three decades, Villa del Sol blossomed into one of Mexico’s premiere hideaways. Villa del Sol’s unique past and promising future ensure it will become one of the Kor Hotel Group’s most sought-after and intimate resort destinations. 

For more information or reservations visit www.hotelvilladelsol.com or 866.905.9560. 

About Kor Hotel Group 
The Kor Group is a privately held real estate investment, development and management firm that is redefining the concept of home with its distinctive hotel and residential properties. Kor Hotel Group, the hospitality division of Kor, holds a diverse property portfolio and manages both its own assets and non-owned hotels under third-party management agreements. Properties include Viceroy Santa Monica and Viceroy Palm Springs, Avalon Hotel and Maison 140 in Beverly Hills, Tides in South Beach, Chamberlain in West Hollywood, Campton Place in San Francisco, Ikal del Mar on Mexico’s Riviera Maya and Villa del Sol resort in Zihuatanejo on the Mexican Pacific Coast. A new Resorts & Residences division unites Kor’s hotel and residential expertise with ground-up broad-scale projects both nationally and internationally. Currently under development are two residential resort complexes in Miami, Viceroy Icon Brickell and Viceroy South Beach, two on Mexico’s Riviera Maya, Viceroy Riviera Maya and The Tides Playa del Carmen, as well as Kor’s initial overseas venture, Viceroy Anguilla in the British West Indies. A timely integration of Kor Hotel Group's residential and hotel development visions, these projects represent the next evolution of the Kor mission. 

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Contact:

Kor Hotel Group
Daniel Guerrero
Director of Public Relations
(323) 930-3832
daniel.guerrero@korhotelgroup.com
www.hotelvilladelsol.com

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Also See: Mexico's Emerging Destinations; The Riviera Maya, Punta Mita and the Cabo Corridor / Hans Desai / July 2004
Foreign Investment in the Mexican Hospitality Industry; An Interview with the Mexican Minister for Tourism / February 2005
Greg Ashley Named President and Partner of New Kor Group Real Estate Company; Intrawest Veteran Will Lead Sales and Marketing Efforts for Kor's Residential, Resort and Hotel Development / November 2006

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