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Winning Bidder for the Hotel Las Hadas and Golf Resort in Manzanillo, Mexico |
| AUSTIN, Texas, March 30, 2000– Texas-based developer
Landmark Organization announced their selection as winning bidder of an
auction for the famous Hotel Las Hadas and Golf Resort in Manzanillo, Mexico.
“We’re very excited about winning this historic resort property. It will make an outstanding addition to our hospitality portfolio as we enter the resorts market.” said Mark F. Schultz, President of Landmark Organization.
Tin Mining Millionaire Don Antenor Patino was the visionary that transformed a beach cove in the once sleepy village of Manzanillo in the State of Colima, to a fairy-tale retreat conjuring images of Spanish Kings and Arabesque Courts. With the assistance of award winning architect Jose Luis Ezquerra, the Tin King invested over $120 million in current US dollars ($33 million in 1974) to create a fantasy destination that to this day has not been equaled. Featured by filmmakers in the movie “10”, Bo Derek running on the beaches of Hotel Las Hadas put Manzanillo, Mexico on the map of world-class resorts.
Based in Austin, Texas, Landmark Organization works nationwide serving a broad range of clients from private industry to city, local and state governments as well as the Federal Government. Landmark Organization is also the current developer of the 266-room Hilton Austin Airport Hotel, slated to open in late Summer of 2000 and the 800-room Hilton Austin Convention Headquarters Hotel, slated to open in 2002. |
Dan Geraty VP – Project Finance 512-652-4000 |
| Also See: | IBanco Union To Sell Camino Real Hotels and Resorts / April 1998 |
| GS Emerging Market Real Estate Fund L.P Assigns ClubCorp the Management Contract at Palmilla, Los Cabos, Mexico / July 1999 |