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NEWS RELEASE
For Release: November 21, 2001

MEXICO BOUTIQUE HOTELS ADDS FIVE NEW HOTELS IN BUSINESS AND COLONIAL CENTRES OF MEXICO


Puerto Vallarta, Mexico-Mexico Boutique Hotels director Elsa Guadarrama is pleased to announce the addition of five new hotels to its unique collection, its second increase to the portfolio for 2001 bringing the group to 28 hotels in 20 destinations. The company has added two hotels in Oaxaca, one in Cuernavaca, one in Mexico City, and its first hotel in the important business and industrial centre of Monterrey. From historic buildings to sophisticated resorts, the varying concepts and locations of the new hotels illustrate the diversity of the entire group.

Guadarrama commented, "While vacationers will be impressed with Mexico Boutique Hotels' expanding colonial city options, we're bringing business travellers more choices too. Monterrey is an important destination for U.S. investors and developers where we now offer high-quality boutique-style accommodation in an unbeatable location at Santa Rosa Suites. In Mexico City, the addition of Residencia Polanco provides our customers with the option of a moderately priced hotel while ensuring a safe and secure location."

The collection is enhanced with such prestigious hotels as the 21-room Las Mañanitas, a legendary hotel and restaurant established in 1955 in Cuernavaca that continues to rate among the finest in all of Mexico (www.mexicoboutiquehotels.com/lasmananitas). In the heart of downtown Oaxaca, the seven-room Casa Oaxaca, a refuge in the heart of the city for dignitaries and discerning travellers alike, is a converted 18th-century colonial home that has been nominated as an "Art Hotel" for its striking interior design (http://www.mexicoboutiquehotels.com/casaoaxaca). Contrasting in style, the 24-room Hacienda los Laureles is set in its own expansive gardens, just 10 minutes from Oaxaca's historic centre. Elegant and secluded, it features meeting and health facilities making it suitable for business retreats or a rejuvenating vacation (http:// www.mexicoboutiquehotels.com/loslaureles).

In Mexico City, Residencia Polanco is in the exclusive Polanco district surrounded by chic boutiques and restaurants and just a few blocks from Chapultepec Park. It is suited to both business and leisure visitors, with a casual style and 23 spacious suites complete with kitchenettes (http://www.mexicoboutiquehotels.com/residenciapolanco). In Monterrey, one of Mexico's fastest growing business centres, Santa Rosa Suites is a hotel of great character in a bustling city, noted for its central location, detailed service and warmth of hospitality. It has 29 richly-appointed rooms and suites (http:// www.mexicoboutiquehotels.com/sanatarosasuites).

Mexico Boutique Hotels is the only Mexico-based company of its kind exclusively dedicated to offering boutique-category lodging throughout the Mexican republic. Among the list of criteria, member hotels must feature individual style and character, and deliver personalized service and excellent cuisine.

Mexico Boutique Hotels offers on-line reservations and information service at http://www.MexicoBoutiqueHotels.com, providing efficient and economical access to these hotels, an assured reservations method and a high standard of accommodation. The above noted hotel links offer descriptions, rate and package information on each hotel. A colour directory, complete with destination information and circuit tour suggestions, is available on request. In addition to its web site, Mexico Boutique Hotels can be contacted through any travel agency; by e-mail:info@mexicoboutiquehotels.com; fax: (52) (322) 221-2255; or in writing: Timón #1, Marina Vallarta, Puerto Vallarta, Jalisco, Mexico 48354.

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