Le Blanc Spa Resort in Cancun to Reopen December 18th Following H u r r i c a n e W i l m a

Miami, FL, November 21, 2005 – Le Blanc Spa Resort, an adults-only, luxury resort in the heart of Cancun, Mexico, is slated to reopen on December 18th, 2005, following damages sustained during H u r r i c a n e W i l m a.

“We are pleased to report that repairs and renovations are moving at a rapid pace,” said Roberto Chapur, President of Palace Resorts. “We are fortunate that Le Blanc Spa Resort did not sustain much damage and will be able to open earlier than anticipated.”

All of Le Blanc’s 260 luxury guest rooms will reopen as well as three of its four specialty restaurants that feature cuisine from around the world. One of the property’s most special features, The Spa at Le Blanc, will also reopen, as well as two of the outdoor pools, swim-up bars and fully-equipped fitness center. The resort’s state-of-the-art modern meeting facilities are expected to reopen in Spring 2006.

Le Blanc Spa Resort, which debuted this past August, is the former Hotel Sierra Cancún that was acquired by Palace Resorts and closed in mid-2004 for a complete renovation. Palace then transformed all of the guest rooms into luxury suites, most with ocean views and all with double Jacuzzis, and added a state-of-the-art 29,000 square-foot spa, over 10,000 square feet of modern meeting facilities, and four specialty restaurants that features cuisine from around the world. The renovations were directed by Elias & Elias Arquitectos, one of the most celebrated architect and interior design firms in Mexico.

Le Blanc Spa Resort debuted in August 2005 as an upscale, adults-only, all-inclusive property in the heart of Cancún, Mexico. From the finest haute cuisine to a lavish first-class spa, Le Blanc Spa Resort was designed for those who demand the very best in life. The resort’s contemporary minimalist-style décor, that is touched with tropical and Mexican elements, creates a stylish yet exotic ambiance found only in world-class resorts.

For information, please call 877-753-2526 in the United States and Canada. For group sales call 877-853-2526. Visit Le Blanc Spa Resort on the Internet at www.leblancsparesort.com .