By the time that MLHS had completed the acquisition of Xandari in Costa Rica we were already well under way with the development of what is now Xandari Pearl, on the beach about 40km south of Xandari Harbour. Reflecting today on what I love about Xandari, I again am reminded of some rather heroic decisions made by George M George, and the board of directors who he reported to.
In 2010, when we were in the early months of this relationship between MLHS and La Paz Group, there was already a completed architectural plan for the beach property that MLHS owned at Marari. There were already permits applied for the construction of those plans. So it was with some trepidation that I took a firm position in my recommendation to the board George reported to: those plans would result in a resort that would not fit the strategic road map I was laying out. To start with, it was 80+ rooms; and there were other issues but scale was the one I focused on.
Just now I was looking at the powerpoint presentation I brought into the board room with me to make my case about abandoning the original plans for the resort at Marari. The first image in that presentation was the one above, which was a photo snapped just some days prior to the meeting. I talked about the natural beauty of the beach property, and how our target market would appreciate meandering on paths through as much of that as we could preserve; ideally we would not cut a single tree. We would let the local fishermen continue to keep their boats on property. And other points about that land. Continue reading →
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