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Agnelo Fernandes Named as President for Jade Resort Residences & Beach Club, Costa Rica

Launching Lifestyle Development Brand and First Property in Costa Rica

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MANUEL ANTONIO, Costa Rica, Aug. 25, 2009 -- Jade Resort Residences & Beach Club has announced Agnelo Fernandes as president. Fernandes, a hospitality industry veteran with over 20 years of operational, finance and brand marketing experience, joins to take on responsibility of developing the new lifestyle development brand and overseeing its introduction through an upscale resort and residential project underway in Manuel Antonio on Costa Rica's Central Pacific Coast. Beyond Costa Rica, he will also be involved in extending the Jade brand to other international projects.

Adjacent to Manuel Antonio National Park to one side and overlooking the Pacific Ocean to the other, Jade Resort Residences & Beach Club's premier property will feature 240 designer resort-style residences as well as world-class hospitality services and resident and guest amenities. The property is situated five miles from Quepos, an international destination for sport fishing.

As president of Jade Resort Residences & Beach Club, Fernandes will oversee all operations, finance, sales and marketing of the brand and its projects. The opening of the first property in January 2011 marks his 13th resort-hotel launch.

Fernandes joins Jade from Canyon Ranch Miami Beach where he was part of a leadership team tasked with the pre-strategy and opening of the first Canyon Ranch Living and hotel concept. He led its integrated marketing including for an all-suite high-end hotel, 70,000 square feet wellness center, gourmet nutrition and beverage services, and retail. He also was instrumental in the successful marketing and sales of residences and hotel condominiums.

Fernandes was a former director of sales and marketing for Sonesta Hotel and Suites. He has held leadership roles with Ocean Point Resort and Spa in Sunny Isles Beach and Rex Resorts in the Caribbean. For Rex Resorts, he led the re-launch of the brand in the Americas, repositioning seven resorts and opening two new resorts.

Recognized with several industry accolades, Fernandes began his career with Starwood where he held various training and management positions. Among his accomplishments include being awarded Caribbean Hotel Association Sales Person of the Year 1995.

"My partners and I are thrilled to have Agnelo Fernandes join our team for his caliber of talent and the depth of experience he brings to build our brand and oversee the first development of its kind under that brand," said lead developer Dan Dykgraaf. "Beyond his industry experience, we value his business acumen and immense passion for unique projects such as ours that are defined by their brand and exotic locations. We're excited for what he brings to the launch of the first Jade project in Costa Rica and to future growth in other international destinations."

Jade Resort Residences & Beach Club Costa Rica will include: 190 condo-style designer residences within a hotel tower; 50 individual high-end residences with six penthouses; an exclusive beach club with lagoon pool, cabanas and a lazy river (the only one in the region); a luxurious resort pool with 180-degree Pacific Ocean views, private cabanas and poolside services; a lobby featuring a magnificent nine-story atrium and a 40-foot cascading waterfall; Jade Spa, Salon and Fitness Center; an upscale Latin-European restaurant; a 6,000-square-foot meeting facility; and an array of concierge and guest services. Area activities include golf, white water rafting, kayaking, treetop zip-lining, mountain biking, horseback riding, water sports and other beachside recreation.

Jade's Costa Rica project is a branded Wyndham Hotels and Resorts property and is affiliated with The Registry Collection Exchange Program, the largest luxury exchange program offered by Group RCI, a leader in vacation exchange, European leader in vacation rentals, and one of the Wyndham Worldwide family of brands.

About Jade Resort Residences & Beach Club
Jade Resort Residences & Beach Club is an upscale residential and resort development underway in Manuel Antonio on Costa Rica's Central Pacific Coast. Situated adjacent to famed Manuel Antonio National Park, Jade will include: 190 one- and two-bedroom condo-style designer residences; 50 individual high-end designer residences with six penthouses; world class hotel and concierge services; a private oceanfront beach club with a 180-degree-view pool overlooking the Pacific Ocean; a nine-story atrium with 40-foot cascading waterfall; Jade Salon, Spa and Fitness with a 2,000-square-foot health and fitness center; an upscale Latin-European restaurant; 6,000 square feet of meeting space; on-site nature trails; and, various other recreational activities inspired by the natural landscape and regional culture. For more information, visit www.jademanuelantonio.com.
 
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Contact:

Della Sweetman or Natalia Angelo
natalia.angelo@fleishman.com
both of Fleishman-Hillard
+1-619-237-7700, for
Jade Resort Residences & Beach Club
Web Site: http://www.jademanuelantonio.com/


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