Cancun Palace

MIAMI, Fla. " Acknowledged as having some of the finest meeting properties in Mexico and the Caribbean, Palace Resorts announces a new NO ATTRITION POLICY, which allows meeting and event groups to reserve up to 25 percent of a Palace Resorts room inventory and later reduce the number of rooms in a block as needed, without cancellation fees. All group blocks BOOKED BY JULY 31, 2009 FOR TRAVEL BEFORE DEC. 25, 2009 will qualify for this program. Palace Resorts many innovative meeting venues, first-class conference facilities, all-inclusive luxury amenities, carefree planning, and the new No Attrition Program make Palace Resorts the perfect destination for meeting, incentive and event groups.

In response to growing economic concerns from our meeting and event clients, Palace Resorts is pleased to offer this new No Attrition Policy that will alleviate the stress of uncertainty when blocking room nights, said Ginny Davito, Vice President, Group Sales. With this practical, hassle-free program, combined with the unparalleled value of Palace Resorts, we are confident meeting planners will find budgeting a destination conference or event more flexible than ever before.

Palace Resorts value-driven No Attrition Policy allows meeting planners to book group blocks of up to 25 percent of the hotel inventory (up to 500 rooms at select resorts) in advance without the pressure of having the precise number of guestrooms reserved. This innovative policy allows planners to adjust the room block without incurring attrition damages. In addition, meeting planners can take advantage of the VAT exemption and tax deductibility when booking a meeting in Mexico, which is considered part of the continental U.S. for American tax purposes, allowing meetings to be recorded as a tax deductible business expense.

The all-inclusive nature of Palace Resorts allows meeting planners to pay a set price per person and never worry about going over budget. Professional and experienced conference center staff coordinate all functions and set up everything necessary for a successful meeting, from complimentary gourmet coffee breaks in private breakout rooms to evening dinner events with international banquet selections. Palace Resorts boasts unrivaled business amenities from elegantly appointed meeting and conference facilities, state-of-the-art breakout rooms, included long distance calls to the United States and Canada and included wireless Internet access throughout the resorts and guest rooms. Additionally, high-tech board of director rooms and business centers are provided at no set fees or surcharge, making these conference facilities ideal for groups and functions of any size.

The Palace Resorts convention centers are some of the largest in the Caribbean, including 91,850 square-feet of meeting space at Moon Palace Golf & Spa Resort in Cancun, 55,000 square-feet at Aventura Spa Palace in Riviera Maya, the elegant, 6,300 square-foot Nayarit Ballroom at Vallarta Palace in Riviera Nayarit, and 60,000 square-feet that will soon be available at Moon Palace Casino, Golf & Spa Resort in Punta Cana, Dominican Republic, including the 37,500 square-foot Universal Ballroom. With exquisite indoor space and breathtaking outdoor function space at the 11 Palace Resorts, facilities can be transformed to fit any function, from large conventions to sensational, private theme parties. All-inclusive amenities offer the perfect way to relax after a long day of meetings with non-motorized water sports, fine dining and drinks, 24-hour room service, double Jacuzzis and complete mini bars in every room and included long distance calls to family and friends in the U.S. and Canada. Palace Resorts provides a truly unforgettable experience, with five-star meeting facilities, bountiful all-inclusive amenities and the new No Attrition Policy. To book a meeting at Palace Resorts, call 800-539-3313 or visit www.palaceresorts.com/groups

About Palace Resorts
Palace Resorts, the company that set the standard in five-star, all-inclusive resort accommodations, offers 12 all-inclusive properties throughout Cancun, Riviera Maya, Isla Mujeres, Riviera Nayarit, Cozumel and Punta Cana, Dominican Republic. A recipient of the Meetings & Conventions Gold Key Award, every Palace Resort offers meeting and event attendees luxurious, yet affordable accommodations, all with a private Jacuzzi, fine cuisine, 24-hour room service, top shelf drinks, sensational entertainment, non-motorized water sports, wireless Internet and included unlimited calls to the U.S. and Canada. Palace Resorts unparalleled level of service and comfort found at each property makes them a leader in providing world-class resort vacations in Mexico and the Dominican Republic.