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Auberge Resorts Signs Management Agreements to Operate Rancho Valencia
Resort and Spa in Rancho Santa Fe, California and the La Valencia
Hotel in La Jolla, California


MILL VALLEY, Calif., July 28, 2008 -  Auberge Resorts, developers, owners and operators of award-winning luxury resorts, announced today that it has signed a management agreement to operate Rancho Valencia Resort and Spa in Rancho Santa Fe, Calif., and its sister property, the historic La Valencia Hotel in La Jolla, Calif.

Ownership of both Rancho Valencia and La Valencia will remain with the Harry Collins Family as it has for many years.

Under the agreement, Rancho Valencia will be branded an Auberge Resort and join the company's growing portfolio of small luxury properties, which includes Auberge du Soleil in Napa Valley; Esperanza in Cabo San Lucas; Calistoga Ranch in Napa Valley; The Inn at Palmetto Bluff in Bluffton, S.C.; and Encantado, opening in Santa Fe, N.M., in August. La Valencia will be an affiliate hotel managed by Auberge Resorts.

"Bringing in Auberge Resorts as manager is an exciting opportunity for us to have the expertise and extensive resources of Auberge available to us at this time," said Harry Collins, General Partner.

"We are delighted to have the opportunity to manage these two iconic properties," said Mark Harmon, CEO of Auberge Resorts. "Both hotels feature captivating settings, intimate size, a commitment to exceptional food and beverage and outstanding service and amenities."
Located in the exclusive enclave of Rancho Santa Fe, Calif., Rancho Valencia Resort and Spa features luxuriously appointed suites, each with a fireplace and private garden terrace, an extensive tennis program featuring 18 hard courts and a comprehensive instruction program, the award-winning Spa Rancho Valencia and the Villas at Rancho Valencia, a private residence club.

Nicknamed the "Pink Lady of La Jolla," La Valencia Hotel is an iconic 82-year old property in the heart of the village of La Jolla, Calif. The hotel features guest rooms, suites and villas, along with four distinctive dining venues, all overlooking scenic La Jolla Cove and the Pacific Ocean. La Valencia Hotel is a member of Preferred Hotels and Resorts Worldwide and National Trust Historic Hotels of America.

Auberge Resorts' relationship with Rancho Valencia Resort and Spa spans several years. The company provided consulting services and developed the resort's award-winning spa, which opened in 2006.

For more information about Rancho Valencia Resort and Spa, please visit http://www.ranchovalencia.com/. More information about La Valencia Hotel is available at http://www.lavalencia.com/.

About Auberge Resorts
Auberge Resorts is a collection of exceptional hotels, resorts and private clubs, each with a unique personality that assures a memorable guest experience. Among the distinctive properties are Auberge du Soleil, Napa Valley; Esperanza, Cabo San Lucas; Calistoga Ranch, Napa Valley; The Inn at Palmetto Bluff, Bluffton, S.C.; and Encantado, Santa Fe, with several others in development. While Auberge Resorts nurtures the individuality of each establishment, all are characterized by a set of communal elements: intimate, understated elegance; captivating locations that inspire exceptional cuisine and spa experiences; and gracious yet unobtrusive service. For more information about Auberge Resorts, please visit http://www.aubergeresorts.com/. 

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Contact:

Auberge Resorts
Stacy Lewis
slewis@murphyobrien.com
+1-310-453-2539

http://www.aubergeresorts.com/ 
http://www.ranchovalencia.com/ 
http://www.lavalencia.com/ 

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Also See: Bigger down Payment and Higher Interest Rate Impeding American Property Management Corp's Effort to Buy the Historic La Valencia Hotel in La Jolla, California / May 2008
Auberge Resorts Opens First of its New Brand - the 89 room Solage Calistoga in Napa Valley, California / July 2007
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