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Timbers Resorts and PlumpJack Group Form New Alliance


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© Business Wire 2008
2008-05-24 00:51:38 -

- Glodow Nead Communications Alison Stout, 415-394-6500 Alison@GlodowNead.com Danielle Coan, 415-394-6500 Danielle@GlodowNead.com Melissa Howell, 415-394-6500 Melissa@GlodowNead.com As part of a new venture, Timbers Resorts and PlumpJack Group have reached an agreement to work in partnership on several current and future projects. Serving complementary roles, Timbers Resorts is a leader in the development of private boutique resorts in the U.S. and

internationally, currently numbering six properties, while PlumpJack is renowned for its wines, restaurants, boutiques and inns in the Northern California market.

Timbers Resorts has taken over management of the real estate operations at The Orchard, a private residence club located within PlumpJack's renowned boutique resort, The Carneros Inn overlooking the beautiful Carneros winegrowing region in Napa Valley, California. Now a part of the Timbers Collection, The Orchard comprises 17 luxury cottages set within the resort and offering owners full access to The Carneros Inn's premium lifestyle, services and amenities.

Additionally PlumpJack will manage the overall hospitality operations, spa and Truffle Pig restaurant for Timbers Resorts at One Steamboat Place in Steamboat Springs, Colorado. Future collaborations will include the residences at the new PlumpJack Squaw Valley Inn following its spring 2010 renovation, located at the base of the Squaw Valley USA. And a Timbers Resorts oceanfront private resort in Mexico -- featuring an upscale beach club, dining venue, spa, a residence club and full residential component -- that PlumpJack will manage.

"Timbers Resorts and PlumpJack are like-minded companies that provide only the finest properties and services for our guests," remarked Timbers Resorts Founder and CEO David Burden. "This alliance will result in a series of Timbers Resorts/PlumpJack ventures that will add to the Timbers Collection as well as to the PlumpJack family of wonderful offerings."

"Combining Timbers Resorts' ability to create prime real estate opportunities and PlumpJack's expertise in approachable luxury, we will be able to provide our guests and residents with unforgettable experiences at our highly sought-after destinations," said PlumpJack Group President, CEO and Partner Rick Riess.

Timbers Resorts will work to create great real estate opportunities in highly sought after resort venues and PlumpJack will provide the ongoing personal attention and relaxed yet luxurious dining, lodging, spa and other amenity experiences for which it is renowned.

First Project Will Be the Orchard at the Carneros Inn in Napa
Valley


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