Westin Los Cabos Ocean Villas

[Pedro]

Anybody has information on pricing? This press release was issued this morning:

Starwood Vacation Ownership Begins Construction on The Westin Los Cabos Ocean Villas
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--April 18, 2007--Starwood Vacation Ownership, a division of Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), announced today that it has broken ground on its second Westin-branded vacation ownership resort in Mexico. The Westin Los Cabos Ocean Villas is the first vacation ownership resort in Los Cabos, Mexico to be developed by a major U.S.-based lodging company.
The Westin Los Cabos Ocean Villas will feature 64 two-bedroom lock-off villas and boast Westin's signature amenities and services that help guests feel at their best, including pools, a restaurant, spa and WestinWORKOUT(R) Powered by Reebok fitness facility. Villas will feature gourmet kitchens with granite countertops, separate living and dining areas, balconies overlooking the Sea of Cortez, separate bedrooms featuring the renowned Westin Heavenly Bed(R) and flat screen televisions in the bedrooms and living room area.

 

[saluki]

I thought they were taking over an existing development as opposed to "breaking ground"?

 

[pointsjunkie]

the regina property is staying as is but they are no longer expanding anf i think they will be given the option(like sheraton vistana resorts had) to become part of svn. the new ones will be starwood.