New Name for Grand Pacific Resort Services Company is now “Grand Pacific Resort Management”

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. January 22, 2010

CARLSBAD, CA (January 21, 2010) - Grand Pacific Resort Services (GPRS), a privately owned vacation ownership management company located in Carlsbad, CA has announced it will now be known as Grand Pacific Resort Management (GPRM).

According to Co-President David Brown, the new name more clearly reflects the company's core competencies and plans for the future. “We want to let timeshare resorts and homeowners associations know we have the infrastructure to help them be successful. Grand Pacific Resort Management has 20 years of experience and can provide all the necessary resources to deliver customized solutions in resort development and management services”.

At the resort level, GPRM offers on-site staffing, preventive maintenance and seamless reservations systems. In addition the company provides high quality preparation and timely distribution of all Monthly Accounting Statements (Profit & Loss statements, Balance Sheets and Cash Projections), Reserve account reports and projections, and the preparation of the annual Budget. GPRM also prides itself in delivering best in class assessment billing and collection services. Resorts may also turn to the company for its expertise in Interior Design and as well as FF&E Purchasing.

Grand Pacific Resort Management offers a full spectrum of Resort Management functions. Its long successful tenure in the industry allows it to tailor services to a resort's unique requirements and, at the same time, work in partnership with the property to keep expenses low and offset expenses with income. The blueprint for this framework has been developed over two decades of successful resort development, operations and back office management as well as financial services.

“This change has been years in the making,” says Brown. “Over time we've produced an infrastructure that gives us the capability to work with a single resort, an HOA managing one or many resorts, an older resort going through a refurbishment or a financial institution that finds itself in the position of managing a shared ownership product due to the present economic climate. Our new name is just a better description of what we've been doing all along, and it lets people know we are a premier timeshare and vacation ownership Management Company, as well as a developer.”

Among the resorts currently managed by GPRM are Carlsbad Inn Beach Resort, Carlsbad Seapointe Resort, Coronado Beach Resort, Grand Pacific MarBrisa Resort, Grand Pacific Palisades Resort and Hotel, Indian Palms Vacation Club, Redwolf Lakeside Lodge, Redwolf at Squaw Valley, RiverPointe Napa Valley, San Clemente Cove Resort, Southern California Beach Club and Villa L'Auberge.

Grand Pacific Resort Management is one of the oldest and largest vacation ownership companies based in California. Servicing over 45,000 owner-families every year, it manages 14 properties. For more information visit www.grandpacificresorts.com or call Sharrie McIntosh at 760-431-8500.