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LAS VERANDAS HOTEL AND VILLAS OPENING IN ROATÁN

February 7, 2013

LUXURY DESTINATION RESORT, SPA AND PRIVATE VILLA COMPLEX UNVEILS MARCH 1, 2013

HOUSTON, TEXAS (February 7, 2013) – Pan Caribbean Capital Partners I, Ltd. is proud to announce the opening of its highly anticipated venture – an exclusive luxury resort and golf community on the tropical Caribbean island of Roatán. Las Verandas Hotel and Villas, to be unveiled March 1, 2013, will initially encompass an expansive lobby, Palapa Bar & Restaurant, two infinity edge pools, 1,000 feet of private beach and six villas providing 12 large bedroom accommodations with stunning views of the Caribbean and a championship golf course. In July, five more villas and 36 rooms & suites will open along with a new restaurant and bar. Ultimately, Las Verandas Hotel and Villas will offer guests 60 luxury rooms and suites, 32 free-standing villas and a 6,000 square feet destination spa. Long considered a dream destination among divers and snorkelers, Roatán has recently caught on as a popular getaway spot for American and Canadian sun-seekers.

“Even by Caribbean standards, Roatán is a cut above,” says J. William Sharman, Jr., Chairman of Destination Resorts, Ltd. “As a lush island with white sand beaches, serene turquoise waters and balmy weather, Roatán brings new meaning to the term tropical paradise. We are excited to open the first premiere, luxury resort, spa and private villa complex in Roatán to cater to discerning travelers exploring the attractions of the island.”

By air, Roatán is approximately two hours from the U.S. mainland. Las Verandas Hotel & Villas is located just fifteen minutes from the Roatán International Airport (RTB), which receives direct flights from Houston, Miami, and Atlanta via United, American, Delta and TACA. There is also direct service from Newark seasonally as well as Canada via regular charter flights.

Las Verandas Hotel & Villas’ design draws from the natural beauty of the Bay Islands in everything from the fabrics used to the terra cotta flat tile roofs to the uniquely decorated spacious bathrooms. The design maximizes guest comfort level by offering a private 1,000-foot crescent-shaped white beach, two large infinity pools including waterfalls as well as private pools at most villas, two specialty restaurants and bars offering Caribbean/Americas fusion cuisine, a private function room with terrace overlooking the Caribbean and a championship golf course. Designed by legendary father-son duo Pete and Perry Dye, The Black Pearl is Roatán’s first and only championship golf course. The 18-hole, 7,200-yard course is set within the island’s rolling hills with stunning views of the Caribbean and is ideal for golfers of all levels.

Available for sale are 32 two & three-bedroom, fully-furnished beachfront villas, offering unobstructed views of the beach and ocean. Owners enjoy full access to all resort amenities and villa prices range from $850,000 to $1,170,000. All of the interiors of the resort villas are an extension of the Caribbean with high white-washed walls and ceilings with stained wood trusses, French doors, and lush landscaping of the island’s tropical splendor.

Las Verandas Hotel & Villas bask in the natural beauty of Roatán surrounded by rainforest-covered hills, white sand beaches, crystal blue waters, and glowing sunsets. The resort rests on the North Shore with the Mesoamerican Reef just beyond, creating a playground where guests can enjoy diving, snorkeling, kayaking, and fishing from deep sea marlin, wahoo, tuna, and sailfish to a vibrant array of reef species including snapper, grouper, amber jack, as well as bone and permit in the exotic flats. Or, they can simply relax on the beach or around one of the infinity edge pools overlooking the reef. Visitors may even spot whale sharks and sperm whales near Utila, a neighboring island.

For more information on Las Verandas Hotel & Villas, please visit and www.lasverandasvillas.com.

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