SAN ANTONIO, Dec. 16, 2004 (PRIMEZONE) -- Jaguar Resorts Inc. (Pink Sheets:JGRT) is pleased to announce that Regent International Hotels will be its new principal flag for its luxury condominium-hotel, residence club and spa resort, and Hobson Real Estate Advisors, an accomplished marketing team, will assist in the project development. Both Regent Hotels and Hobson bring the quality, depth and experience Jaguar Resorts was looking for to help insure the successful completion of its Mexico development.
Mr. Benjamin Gallagher, Jaguar Resorts Vice President, indicated today, "Regent is a superior brand to anything we have considered thus far. We feel Regent fits into our growth plans and that Hobson Marketing is one of the more experienced marketing organizations in the membership club field."
Regent International Hotels (www.regenthotels.com), founded in 1970, has become synonymous with luxury and service in hotels and resorts around the world. Regent's hotel and resort portfolio includes Regent Beverly Hills, the Regent Singapore, and the Regent Berlin
Hobson Real Estate Advisors (www.hobsonadvisors.com) is a renowned Fractional Residence Club advisor with 20 luxury residence clubs completed worldwide and 20 more in the construction or planning stage. It will team up with previously announced Destination Club Partners (DCP) and work together in the sales and marketing effort of the Regent Resort property.
Jaguar Resorts, Inc. (www.jaguar-resorts.com) is a developer of luxury resorts focusing primarily on Mexico and Central America, and is led by Clyde Culp who has served as CEO of Embassy Suites and COO of Holiday Inns.
For additional Information: Corporate Contact: Ben Gallagher, Jaguar Resorts, Inc., Telephone: 210-824-2496, Fax: 210 824-3398, Email Jagcap@sbcglobal.net
Investor Contact: American Financial Communications Inc., Telephone 510-597-4200, Fax 510-597-9897, Email: afc@sbcglobal.net
The Private Securities Litigation Reform Act of 1995 (the "Act") provides a safe harbor for forward-looking statements made by the Company or on its behalf. All statements which address actual results could differ materially from those expressed or implied in forward-looking statements. Important factors that could cause the actual results of operations or financial condition of the Company to differ include, but are not necessarily limited to, the Company's operating performance, events, or developments that the Company expects or anticipates may occur in the future are forward-looking statements. These statements are made on the basis of management's views and assumptions; as a result, there can be no assurance that management's expectations will necessarily come to pass. Management cautions that ability to attract clients and generate business; a decline in the Company's financial ratings; the competitive environment; the Company's ability to raise sufficient capital to meet the collateral requirements associated with its current business and to fund the Company's continuing operations; and changes in market conditions.