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New management of the Abaco Club.

By Wagenhein, Kal
Publication: Caribbean Update
Date: Thursday, June 1 2006

NEW MANAGEMENT OF THE ABACO CLUB. The Ritz-Carlton Hotel Co., L.L.C. and Peter de Savary, founder of The Abaco Club, on April 20 announced a new alliance which provides for an affiliate of the company to assume management of The Abaco Club On Winding Bay.

RC Abaco Holding Co., Ltd. has become a 50% equity partner. A full management transition will be effected by July 1, 2006. The name of the Caribbean development will be The Abaco Club On Winding Bay, a Ritz-Carlton Managed Club. Details: Vivian Deuschl. 4445 Willard Ave, Suite 800. Corp. VP, Public Relations. Chevy Chase, Md. 20815. Tel: (703) 941-6225. Fax: (703) 941-7492. Cell: (202) 255-5786.

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