NEW DEVELOPMENTS IN RIVIERA NAYARIT:THREE NEW HOTELS TO OPEN IN 2013

Riviera Nayarit, Mexico – Riviera Nayarit continues to attract major investments and the biggest names in international resort development. Led by companies like Iberostar, Grupo Vidanta, Tau Resorts and others, the choice of new resorts this year will be more impressive than ever, building on renovations and new tourism programs in 2012.

To date in 2013, an investment of US$70 million has been committed to develop new hotels along Riviera Nayarit’s coast, augmenting its position as a world class tourism destination.

NEW HOTEL AND EXTENDED STAY OPENINGS

Iberostar at Litibú: A new and spectacular 450-room hotel of Grupo Iberostar will open to the public in late 2013 in Litibú, located at the north end of the Banderas Bay. Grupo Iberostar has invested more than US$100 million in its new five-star property featuring two golf courses and a convention center. The new Litibú property will be the tenth Iberostar to open in Mexico.

Tau Resorts: Tau Resorts is a new and innovative development group focused on creating high-quality timeshare resorts in Pacific Mexico. Two resorts are planned for Riviera Nayarit, one of which will open this year.

Set within the new Nahui lifestyle community, Tau Resorts Nahui will open in late 2013 and will have a total of 172 units in configurations of two-bedroom lock-offs. Community amenities at Nahui will include a village, Beach Club, golf course, hiking trails and oceanfront water sports center. The initial phase of 24 Lock-off/two bedroom units was completed in end of 2012, with the second and final phase to be completed by late 2013.

The Grand Luxxe Nuevo Vallarta, a Grupo Vidanta resort, opened in February 2010 with 108 rooms. By the end of November 2011, 288 more rooms were added bringing the total to 396 rooms. Because of the high demand, there is currently a new tower under construction with 144 rooms which is set to open in November 2013.

These new hotels augment the hotel renovations and new tourism programs of 2012. Last year, Grand Palladium Vallarta Resort & Spa, Occidental Grand Nuevo Vallarta, Four Seasons Punta

Mita and Hotel CINCO finalized major renovations to enhance visitors’ experience. Riviera Nayarit also welcomed the new Hard Rock Vallarta resort in August 2012.

Moreover, as part of a commitment to strengthen tourism and development in the region, last year, Riviera Nayarit, announced a program called “Paraisos Nayaritas” for the beautification and maintenance of Riviera Nayarit’s towns. In addition, the destination has allocated funds for a new task force dedicated to the protection of tourists

The governor of Nayarit also launched three new inland destinations that will compliment Riviera Nayarit’s appeal to visitors - “Sierra Nayar,” “Lagunas Encantadas,” and “Nayarit Colonial.”

For more information about Riviera Nayarit, visit: www.rivieranayarit.com

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About Riviera NayaritMexico’s newest destination, Riviera Nayarit, stretches along 192 miles of pristine Pacific coast framed by the majestic Sierra Madre Mountains just ten minutes north of accessible Puerto Vallarta International Airport. The region extends along the entire coast of the Pacific state of Nayarit including the resorts of Nuevo Vallarta, the historic colonial town of San Blas, exclusive Punta Mita, picturesque fishing villages, miles of serene beaches and spectacular Banderas Bay. Riviera Nayarit offers countless activities, such as: PGA golf courses, luxury spas, whale watching, turtle release, zip lining, surfing, bird watching, international cuisine, and the local artwork from the traditional Huichol tribe. Riviera Nayarit is recognized as a “Virtuoso Preferred Destination.” The region attracts and satisfies vacationers of all tastes and budgets with its wide range of accommodations including chic luxury resorts, eco-tourism boutique hotels and quaint B&B inns. For more information, visit www.RivieraNayarit.com or follow Riviera Nayarit's Fan Page on Facebook.