SCOTTSDALE, Ariz. (May 9, 2007)�Loreto Bay Company, currently developing The Villages of Loreto Bay, a seaside community in Baja California Sur, today announced that Alfredo Rosas has joined the team as general manager of the Inn at Loreto Bay. In his new role with the Loreto Bay Company, Rosas will oversee all day-to-day operations of the 155-room resort along with the operation of Loreto Bay Vacations, which currently has 60 two- and three-bedroom villas.

Rosas joins Loreto Bay from Quinta Real Hotels where he served first as general manager of their Puerto Vallarta property and most recently as general manager of Quinta Real Acapulco.  Previously, Rosas worked as the director of the Convention and Visitors Bureau in Puerto Vallarta and as the president of the Hotel Association of Acapulco.  A graduate of The Mexican School of Tourism, Rosas brings 30 years of hospitality experience to his new position with Loreto Bay Company.

�We are pleased to add Alfredo to our team,� said Loreto Bay Company president and CEO Jim Grogan. �His passion, experience and dedication will contribute to establishing the Inn at Loreto Bay as a premier vacation destination in Baja California. Alfredo�s leadership is a wonderful addition to our company and this magnificent property.�

The Inn at Loreto Bay opened in 2002. Formerly the Camino Real Resort, the hotel is tucked in the shadow of the Sierra de la Giganta mountain range along the Sea of Cortés, just five miles from the historic fishing village of Loreto in Baja California Sur, Mexico. In addition to the 155 rooms including 18 suites, virtually every room offers a view of the magnificent Sea of Cortez, with numerous rooms offering views of both the sea and the mountains. The Inn at Loreto Bay also features three restaurants, two bars, golf, tennis, and water and beach activities.

About the Loreto Bay Company:

Loreto Bay Company, headquartered in Scottsdale, Arizona, is developing the Villages of Loreto Bay, a series of seaside villages in walkable neighborhoods built near the historic fishing village of Loreto, Baja California Sur, Mexico. The Villages of Loreto bay will be a showcase for sustainable development practices. Founded in 2003, the company is led by Chairman David Butterfield, president and CEO Jim Grogan and CFO Tom Nolan.