JMJ Puts Another Ultra-Luxury Destination on the Map with Rosewood Mayakoba; Breaks...

JMJ Puts Another Ultra-Luxury Destination on the Map with Rosewood Mayakoba; Breaks Ground on Rosewood Dubai

DALLAS--(Business Wire)--Developer JMJ Hospitality announced today the opening of the
Rosewood Mayakoba located in Mexico's Yucatan Peninsula. The 128-suite
luxury hotel is situated along a mile of white-sand beach on the
Riviera Maya in the heart of a 1,600-acre luxury resort enclave
located 30 minutes south of Cancun and north of the charming seaside
village of Playa del Carmen. JMJ owns the hotel along with Obrascon
Huarte Lain (OHL) of Spain.

"Rosewood Mayakoba promises to be one of Mexico's premier
destinations where ocean, jungle and sky meet," said Timothy Barton,
President and CEO of JMJ. "It is a unique resort experience that
delivers a rare luxury known as the Rosewood tradition of excellence."

Another distinction of the Rosewood Mayakoba is the resort covers
many small islands surrounded by a mangrove jungle. Using indigenous
materials such as Yucatan limestone and renewable woods, the design
emphasizes chic simplicity. The spa is on a private island and
surrounds a cenote of natural limestone pool fed by subterranean
springs. The beach offers Caribbean blue water and borders the second
largest coral reef in the world. Guests have access to all features of
the Mayakoba property, including the championship 18-hole Greg Norman
golf course and lectures on ancient Mayan culture and the Yucatan
ecosystem.

As the Rosewood Mayakoba opens, another JMJ-developed Rosewood
Hotel is emerging in Dubai. Breaking ground this month is the Rosewood
Dubai International Financial Centre, a luxury hotel with 190 guest
rooms, including 37 suites all with Rosewood's famed white-glove
Butler Service. The hotel will offer fine dining, a gala ballroom,
state of the art business center and the luxurious Rosewood Spa with
rooftop pool and fitness center. Expected to open in late 2009, the
development will also include one of Dubai's most luxurious new
offerings - 55 Rosewood branded and managed condominium residences.

"We've partnered with Rosewood on many projects and there is just
no one who does ultra-luxury better," said Barton. "The Rosewood Dubai
is certain to garner immediate elite status given its spectacular
design and location in one of the most lavish and dynamic business and
leisure markets."

The Rosewood Dubai is part of the $435.4 million mixed-use
development known as The Buildings by Daman. The project consists of
dual 65- and 23-level interlocking towers that include 1.6 million
square feet of built-out space. The hotel will be in the larger tower,
starting on the 18th floor, and include an 18,000 square foot rooftop
destination spa, more than 18,000 square feet of banquet space and two
restaurants.

About JMJ Hospitality:

JMJ Hospitality, a division of JMJ Holdings (jmjholdings.com)
which is based in Dallas, TX, provides a singular focus for the global
acquisition and development of ultra-luxury hotels, resorts and
branded residences. The company is rapidly making a notable imprint on
the upscale hospitality sector by producing world-class projects for a
number of high-profile clients. In each instance, JMJ Hospitality
ensures that well-honed expertise, strategic relationships and a
unified vision are brought together to create luxury travel and living
experiences that rank with the best in the world.

Tume PR
Nadya Tume, 214-722-0818
pr@jmjholdings.com

Copyright Business Wire 2008