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TMCNet:  Important Notice of Clarification Concerning Timeshare Operation at Fairmont Hot Springs, B.C.

[December 03, 2013]

Important Notice of Clarification Concerning Timeshare Operation at Fairmont Hot Springs, B.C.

FAIRMONT HOT SPRINGS, BC, Dec. 3, 2013 (Canada NewsWire via COMTEX) -- There have been a number of communications published recently about timeshare 'cash calls' issued by Northwynd Properties Real Estate Investment Trust (Northwynd) in Fairmont Hot Springs, BC. Some of these communications have MISTAKENLY associated Fairmont Mountainside Vacation Villas (Mountainside Villas) and Fairmont Hot Springs Resort Ltd. with Northwynd and its subsidiaries and affiliated companies.


Mountainside Villas timeshare units located on the east side of Highway 93/95 are a completely separate entity managed by Fairmont Villa Management and owned by Fairmont Hot Springs Resort Ltd.

Fairmont Villa Management and Fairmont Hot Springs Resort Ltd. have received calls wondering if they are included in Northwynd Properties current "cash call". Fairmont Villa Management and Fairmont Hot Springs Resort Ltd. are NOT affiliated and DO NOT have any association with the Northwynd group of companies, nor has there ever been any association.

David Dupont, General Manager of Fairmont Villa Management stated, "We are very proud of the fact that we operate Mountainside Villas within our annual operating budgets, are in good financial health and have built a substantial capital reserve and great relationship with our timeshare owners." Northwynd owns the nine stucco building timeshare development on the west side of highway 93/95 in Fairmont Hot Springs, B.C. These facilities are known and operated as Sunchaser Vacation Villas at Riverside, Hillside and Riverview.

Again to clarify, Fairmont Villa Management and Fairmont Hot Springs Resort Ltd. are NOT affiliated in any way, shape or form with; -- Northwynd Properties Real Estate Investment Trust -- Northwynd Limited Partnership -- Northmont Resort Properties Ltd.

-- Sunchaser Vacations Villas -- Fairmont Sunchaser Northwynd Resort -- Riverside Villas -- Hillside Villa -- Riverview Villas Fairmont Mountainside Vacation Villas is an exclusive Timeshare Resort Development comprising 116 fully furnished one- and two-bedroom villas offering privacy, comfort and magnificent scenery. Nestled amongst the wooded slopes of the spectacular Rocky Mountains, every villa enjoys mountain and golf course views. Large and spacious, the villas offer all the conveniences of your own home, including a fireplace and a barbecue. Comfortable and tasteful oak furnishings and luxurious carpeting throughout reflect a top quality resort. Vacation Rentals and Timeshare Leases are available.

Visit mountainsidevillas.com for more information.

Fairmont Hot Springs Resort Ltd. is a four season family resort famous for our natural mineral hot pools - Canada's largest. Nestled on the 'warm' side of the Rocky Mountains with spectacular views over the Columbia Valley and Purcell Mountains. Our resort includes; a143 room Mountain Lodge with Conference facilities, a full service Spa and multiple dining options; 45 holes of Golf; Ski Area with a new Tubing zone; RV Resort and Campgrounds and even its own airport capable of landing charter jets as large as 737's.

Visit fairmonthotsprings.com for more information.

SOURCE Fairmont Hot Springs Resort Image with caption: "Fairmont Hot Springs Resort (CNW Group/Fairmont Hot Springs Resort)". Image available at: http://photos.newswire.ca/images/download/20131203_C7399_PHOTO_EN_34308.jpg To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/December2013/03/c7399.html SOURCE: Fairmont Hot Springs Resort David Dupont Fairmont Villa Management info@mountainsidevillas.com Ken Derpak Fairmont Hot Springs Resort Ltd. kderpak@fhsr.com

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