News for the Hospitality Executive
Revolution LLC, Created by AOL Co-founder Steve Case,
Building a One&Only
Resort and Tom Doak 18-hole golf course at Cacique on the
Northwest Coast of Guanacaste, Costa Rica
|SAN JOSE, COSTA RICA, August 3, 2007 – Revolution LLC,
the company created by AOL co-founder Steve Case, today launched Revolution
Places, an original approach to sustainable destination resort communities.
In support of the launch, Costa Rican President Óscar Arias Sánchez
and Revolution Chairman Steve Case jointly announced at a press conference
today in Costa Rica the first development, Cacique, Costa Rica, a first-of-its-kind
650-acre luxury resort community scheduled to open in 2010.
Revolution Places will bring together premiere hospitality partners and innovative lifestyle brands to develop a new authentic vacation experience that retains the local environment and culture. With a full complement of sustainability principles and community involvement, Revolution Places will create high-end developments that provide consumers with treasured and limited for-sale vacation real estate. These developments will also feature personalized service and unique amenities for home owners.
“Revolution Places is an entirely new approach to destination resort development,” said Steve Case, chairman & CEO of Revolution LLC. “We are bringing together the best of the best to deliver an ownership and guest experience like no other resort in the world. Importantly, we will preserve the local environment and culture when developing resorts like Cacique, Costa Rica to ensure our presence is a positive and welcome contribution.”
“I am extremely pleased to welcome Steve Case and Revolution to Costa Rica. I am confident that Mr. Case, like other investors and visitors we have been fortunate to host, will find in our country a place where education and hard work are valued,” said President Arias. “With this solid foundation, our economy is growing beyond traditional strengths such as agriculture and tourism to encompass an increasingly diverse array of industries and exports; our country is home to both peace and progress. Furthermore, I recently announced a new initiative, Peace with Nature, which seeks to make our country carbon-neutral by the year 2021. This will ensure that our proud tradition of environmental stewardship grows ever stronger.”
Revolution Places is led by a world-class management team that has built exceptional, leading companies. Donn Davis has been named CEO of Revolution Places Group, in addition to his role as executive chairman of Exclusive Resorts, also a Revolution LLC company. Philippe Bourguignon has been named vice chairman of Revolution Places Group and CEO of its development group, Revolution Places Development.
Davis will continue to serve as executive chairman of Exclusive Resorts, a company he has built into the leading luxury destination club and, in doing so, defined an entirely new luxury industry. Bourguignon is a recognized international business leader, having served as co-CEO of the Davos-based World Economic Forum, chairman and CEO of Club Mediterranee, and chairman and CEO of Euro Disney.
The first major destination under development by Revolution Places is Cacique, Costa Rica. The new luxury resort community located on the northwest coast of Guanacaste, Costa Rica spans 650-acres owned by Revolution Places. The $800 million resort development will also feature multiple, synergistic luxury real estate products to open in successive phases beginning in 2010.
“After searching the hemisphere, we have selected Cacique, Costa Rica as the ideal location for our first Revolution Places resort community,” said Bourguignon. “We are creating an environment that departs from the gated and manicured environment of conventional developments. Cacique, Costa Rica preserves the essence of the local culture and natural beauty, while offering luxury and wellness. This is a place where people are not only guests, but participants in a uniquely authentic experience.”
The development of Cacique, Costa Rica will feature highest-end services and amenities with a focus on intelligent, environmentally friendly designs that reduce energy and water demand and take advantage of spatial, wind and solar patterns to maximize natural ventilation, shade and daylight. Cacique, Costa Rica will establish a comprehensive recycling and solid waste management program to neutralize the impact of this development on the surrounding environment. Additionally, Cacique will create on-site treatment facilities to re-use wastewater and will purchase its electrical power for the community from renewable sources. World-class architecture and design will be integrated with indigenous traditions, environment and materials, to create an experience that is second-to-none and authentically Costa Rican.
“Costa Rica reminds me of Hawaii when I was born there nearly 50 years ago,” said Case. “We are aiming to take the things that make authentic Hawaii so special, such as the connections to the local people, restaurants, shops and the spirit of aloha, while bringing together the best brands and applying the best principles and practices of today. Our goal is to break new ground as we strive to make Cacique, Costa Rica the best resort in the world – and a model for a new kind of resort for the next generation.”
Cacique, Costa Rica seamlessly brings together world-class brands to provide owners and guests with a broad range of experiences, services, amenities, and activities to suit their every desire. Cacique, Costa Rica will integrate the following prestigious brands:
The for-sale real estate product will include the purchasers’ choice of: estate sites, custom and semi-custom whole ownership residences, resort-loft living, and Exclusive Resorts club memberships. All real estate components will be designed and developed under best-of-breed master architectural and resort community planning standards.
Doing Well While Doing Good
Revolution Places understands that the success of its developments is contingent on the well-being of the local community and the environment. To this end, Revolution Places today announced that it is investing in a series of local Costa Rican community initiatives that initially include:
About Revolution LLC
|Also See:||Steve Case, Co-founder of America Online, Increases Majority Ownership in Exclusive Resorts, Named Chairman of the Company; Names Management Team / November 2004|
|Cacique del Mar Resort Development: A Comprehensive Overview / First Pan-American Conference Proceedings / May 1999|