Course Facts
Designer:
Jack Nicklaus
Status:
Under Development (TBD)
Location:
Pochomil
Nicaragua
Website:
http://www.seasidemariana.com/
Affiliations
Course Overview
From Nicaragua. For Nicaragua. Business with Purpose.
I believe we all must agree that we are living through an unsettling period, with the actions and, in some cases, inactions of governments casting rippling effects with broad repercussions. This comes as the world economy appears to be rebounding from the recent economic downturn and beginning to build positive momentum. Our hope is that world leaders will continue to take the proper steps to create and maintain this momentum.
As you know, the team at Grupo Mariana reacted quickly when the last round of economic uncertainty revealed itself, and we took what we’re confident were prudent steps to weather the downturn and protect your interests. At the same time, we examined our vision and made revisions to our plans in order to respond to a new reality in the marketplace. As we head into the fourth quarter of 2011 and look ahead to 2012, we feel very comfortable with the new strategies and very pleased with the progress made thus far this year. The list, in fact, is quite extensive, and I hope we can discuss it in detail during my upcoming visit to the United States and Canada. In the meantime, let me point out some highlights that I believe underscore the continuing potential found in the New Nicaragua.
Overall, we both repositioned the Grupo Mariana brand to better reflect the realities of the new marketplace, and considerably reworked our master plans to better suit the demands of investors. A prime example of this is the creation of the Mariana del Norte neighborhood within Seaside Mariana, which enhances our product base. We also were successful in raising a significant amount of joint venture capital to further support our progress, and also established a new banking relationship with Citibank.
We greatly strengthened our team with the addition of Rob Hale as Executive Vice President of Operations. He brings a wealth of experience and expertise to Grupo Mariana, having worked previously with Marriott, Wyndham and Walt Disney Imagineering on the development and construction of over 10,000 hotel, condominium and timeshare units. He most recently served as Senior Vice President of Resort Development for Wyndham Vacation Ownership in Orlando, FL, before opening his own project management firm.
Rob will help us capitalize on one of our major achievements, which is our strategic alliance with Wyndham Hotels & Resorts, one of the world’s most aggressive and successful hospitality operations. This alliance represents a major step forward for Seaside Mariana and brings immense credibility to our refined vision for this oceanfront community. A program already is in place for the creation of architectural plans for the Wyndham that will be a centerpiece of Seaside Mariana. We also continued developing the design and brand for our own hotel brand, Laya Boutique Hotel & Bungalows, which will give us additional flexibility and product mix in our communities. The Laya concept is set for use at both Seaside Mariana and Isla Mariana.
Of course, you’re well aware of the ceremonial groundbreaking we held in March at Seaside Mariana that has set the stage for the beginning of site work. Our architects and engineers are hard at work on final plans, infrastructure work is continuing, and staging is underway on the site.
We have enhanced our marketing efforts during 2011, building a multifaceted lead generation program utilizing social media and targeted marketing to build additional awareness of Grupo Mariana and its activities. A series of new websites will be launched soon to improve our ability to reach out. What’s very clear is that people are interested in our efforts and want to stay constantly informed.
Our efforts also have been bolstered by the continuing positive news and developments here in Nicaragua. Outside investment continues to rise, and overall economic development trends steadily upward. We have again seen solid gains in tourism across Nicaragua as the country gains stature as a beautiful, friendly and safe destination. The country even opened a trade office in China to further business there.
The most telling proof of the viability of the changes made and steps taken are the sales results thus far in 2011. What’s most important about these results is the demonstration that even in these uncertain economic times savvy investors and adventuresome individuals seeking solid opportunities are doing their homework and electing to become part of Grupo Mariana and the New Nicaragua. For that, we are humbly grateful and doubly committed to delivering the finest possible results.
I certainly hope I’ll have the opportunity to sit down with each of you during my upcoming visits to discuss this information and share even more news with you. Of course, contact me or any member of our team at any time with questions or for information. But I hope to see you soon, either during my trip or here on your next visit to Nicaragua.
Contact:
Kevin I. Fleming | Chairman
Grupo Mariana S.A.
Segunda Entrada a las Colinas
de la Iglesia 1c al Norte
1 1/2c al Este, Calle Prado Ecuestre
Casa No. 325.
Managua, Nicaragua
+1 (786) 245-6535 US Office (Direct)
+1 (505) 2-276-2028 Nicaragua Office Tel.
+1 (505) 2-276-0291 Nicaragua Office Fax
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