Buena Vista Hospitality Group

The owners of the Vista Palace Hotel and Buena Vista Hospitality Group (Europe) ("BVHG") jointly announced that they have entered into an agreement for BVHG to assume management of the Vista Palace Hotel in Roquebrune, France.

"We have decided to manage the hotel directly through BVHG to improve the quality of the hotel services. Since the takeover on November 1, 2005 the results have already showed marked improvement both financially as well as the service to our guests. The growth in business has reached 30% in just the first two months compared with same period of the previous year", said the ownership group.

"This is the very beginning of our direct involvement and with our very exciting plans for the Vista Palace, we felt it appropriate to engage international experts in luxury hotel and resort management to provide the leadership to make our plans a reality. Buena Vista Hospitality has a long history of quality leadership in the hospitality business. We feel that they were a perfect fit for our program", continued the ownership group.

"The Vista Palace is truly a one of a kind hotel in one of the most identifiable markets in the world. We are very pleased to be a part of the Vista Palace's future", said Mike Frost, CEO of BVHG. .

About the Vista Palace Hotel
The Vista Palace sits 333 meters above the Mediterranean. The exposed location and the spectacular views are two of the hotel's special features. From the completely glazed panorama hall, which was renovated in summer 1999, as well as from the glass-fronted lift the visitor can enjoy a unique view which extends from Ventimiglia, Italy across the Principality of Monaco and far into the Mediterranean.
The lobby has a new, Mediterranean ambience, and the 68 air-conditioned rooms and suites all have a stunning view of the sea. The rooms have been redecorated in the elegant country house style of Provence.

The conference area impresses as a business centre with ultra-modern conference technology, simultaneous interpreting facilities and satellite conferencing. Here too all the rooms are air-conditioned and enjoy the benefit of natural light. Rooms have access to their own terrace, on which coffee breaks can be taken and cocktail receptions held with ample open-air atmosphere. Please visit the website at www.vistapalace.com for more information.

About Buena Vista Hospitality Group
Buena Vista Hospitality Group (BVHG), a Tampa, Florida based international resort and golf club development and management company that got its start in the early 1970s. BVHG has managed renowned projects in the U.S.A. including PGA National Resort & Spa in Palm Beach Gardens, Fla.; LPGA International, home of the Ladies Professional Golf Association (LPGA), Daytona Beach, Fla.; and the Buena Vista Palace Resort & Spa, Walt Disney World Village.

Internationally, the company is the developer and operator of the 36-hole TPC-Cancun project in Mexico, and the exclusive licensee of the PGA (United Kingdom) for the branding of PGA International Resorts in Europe and the UK. Buena Vista Hospitality Group has project developments in the UK, Spain and Croatia that will carry the PGA International Resort branding. Other international projects are located in France, Canada, Italy, Cyprus and the Dominican Republic. The European operations are headquartered in Central London.

BVHG has successfully provided a full range of development and management services for more than 50 hotels, resorts, golf communities and clubs globally. More information about BVHG can be found at www.bvhg.com.

For more information about the International Plaza Resort & Spa, visit the official website at www.InternationalPlazaResortAndSpa.com. For the Vista Club Hotel, visit www.VistaClubOrlando.com.