News for the Hospitality Executive
The First LaTour Signature Group Property, “Olamar” in
Cabo San Lucas, Now Under Construction
|SAN FRANCISCO (March 27, 2008) – Tom LaTour established
Kimpton Hotels and Restaurants as the leader in the boutique hotel segment,
growing the chain to 40 hotels and restaurants in 17 cities in the U.S.
and Canada. Now, the former Kimpton chairman and CEO and founding principal
of LaTour Signature Group, has earned a Platinum Circle lifetime achievement
award from Hospitality Design Magazine – recognizing LaTour’s lustrous
20-year career with the hotel giant.
LaTour is now taking his vast hospitality experience and placing his signature touch on the booming shared-ownership vacation home market with his latest enterprise, LaTour Signature Group.
“I found it irresistible not to retire,” said LaTour, an accomplished vintner and restaurateur, also named one of the “26 Most Fascinating Entrepreneurs” by Inc. magazine in 2005. “I couldn’t stop thinking about ways to wine and dine luxury resort guests. So I found a niche that hadn’t been filled yet – the very upscale 50 to 150-unit fractional resorts.”
Launched in 2007, LaTour Signature Group is a joint-venture consulting and management company with ResortCom Elite, created to transform luxury vacation experiences at select five-star fractional resort properties throughout North America and Mexico. The company will manage all resort operations – including the training and supervising of staff, reservation coordination and concierge services, as well as sales and marketing of fractional rentals.
The first LaTour Signature Group property, “Olamar” in Cabo San Lucas, marks the company’s foray into Mexico’s flourishing shared vacation ownership industry. Currently under construction on the secluded Monuments Beach, Olamar will feature 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. Visit www.olamarliving.com.
“Our objective is to provide a relationship-based, amenity-rich experience for high-end vacationers at exquisite properties,” said La Tour. “We will offer much more than a room in a high rise on the beach.”
About LaTour Signature Group
By delivering management services that are unprecedented in the industry,
LaTour Signature Group is committed to becoming the ultimate brand for
private residence clubs and luxury fractional properties through superior
service, distinctive amenities, chef-driven restaurants and culinary activities
and obsessive attention to detail.
LaTour Signature Group
|Also See:||Tom LaTour, Former Chairman and CEO of Kimpton Hotels, Starts New Venture Within the Fractional Resort Industry with the LaTour Signature Group / February 2008|
|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|