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 Ritz-Carlton has signed an agreement with a 
			  joint venture between Grupo Questro and Trinity Investments, to 
			  operate a Ritz-Carlton Reserve to be developed within San Jose del 
			  Cabo, Mexico. The first Ritz-Carlton 
			  Reserve project in the country is scheduled to open in 2014. Nestled along 800 feet of 
			  oceanfront along Mexico’s Baja Peninsula, 124 private, 
			  single-story, oceanfront villas will each have  
			  panoramic views across the Sea of Cortez in an area of outstanding 
			  natural beauty. Historic Los Cabos dates its legacy to the 16th 
			  century and the Spanish Conquistadors, but today is known as one 
			  of the most desirable vacation getaways in North America. The hotel will offer one, two and three-bedroom villas, each with 
			  private infinity plunge pools, outdoor terraces with intimate 
			  fireplaces, outdoor showers and butler service. Additional resort 
			  features and amenities within the Puerto Los Cabos mixed-use 
			  development include a world-class Spa, Desert Botanical Theme 
			  Park, Fisherman's Wharf, a 500-slip marina, two private 
			  championship golf courses, designed by Jack Nicklaus & Greg Norman 
			  and proximity to the town of San Jose del Cabo and the airport. “We have looked at many sites in Mexico over the years, and 
			  believe the location at Los Cabos will offer our sophisticated 
			  travelers an exciting new place to explore and enjoy. It is an 
			  added pleasure to be working with our solid developers, Grupo 
			  Questro and Trinity Investments,” said Herve Humler, president, 
			  The Ritz-Carlton Hotel Company. “The concept of the resort 
			  is simple and yet exudes style and luxurious levels of comfort. It 
			  will provide a complete escape to the unexpected; a private, 
			  exclusive leisure experience that blends unique elements of the 
			  local culture, history, and heritage with intuitive individual 
			  service, exquisite indigenous design, casual ambiance, and respect 
			  for the surrounding environment.”
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