St. George's, Grenada - May 6, 2008 --  Port Louis Chairman; Peter de Savary has said that the benefits of high quality tourism investment are beginning to pay big dividends for Grenada. Speaking after the announcement of a new American Airlines non-stop service to Grenada, Mr. de Savary said that he and other investors were happy to be able to play a major part in securing this service. "When I came to Grenada I promised the Grenadian public that we would work with the Government and the private sector to help to stimulate the tourism sector. We are delivering on that promise. Port Louis and Camper & Nicholsons Marinas have paid over 1 million EC dollars to American Airlines on behalf of the Government, to ensure that we get a non-stop American Airlines service here, "Mr. de Savary said.

The Government's Airlift Committee was tasked with raising $1.5M USD to cover the bond that was posted by government to secure the American Airlines flights. "By having high end investors like Port Louis, Cinnamon 88, St. George's University and others, in a country it makes a huge difference and provides funding and strategic linkages which will benefit the entire country. When investors like Mr. Paul Taylor, Mr. Robin Patterson or myself start a project we do not just do it for personal reasons. We genuinely want to impact people's lives; we want to make a difference. We want to help Governments improve the lives of people. This American Airlines deal which we have helped secure, is a perfect example of this," Mr. de Savary remarked.

From November 20th 2008, American Airlines has agreed to schedule a 148 passenger Boeing 737 to depart Miami at 5.00pm and arrive in Grenada 3 hours later, the plane will overnight and then return to Miami departing at 8.30am the following morning. Not only does this increase direct US passenger traffic into the island by over 1000 seats a week but it also enables anyone in the Continental US to connect to and from the flight in one day.

Direct US flights have been lagging to Grenada since Hurricane Ivan and the airlift committee under the Chairmanship of Michael McIntyre has been working hard to ensure their return.

About Port Louis Grenada - Port Louis Grenada will be an EC$1.5 billion resort and spa maritime village development. The project will include; A world class Camper & Nicholsons Marina with 350 slips and yachting facilities for yachts up to 100 metres, 36 estate lots for individual houses, 200 residential units varying in size and use from turnkey 3000 sq ft homes to more modest 900 sq ft village apartments, A 120 room 5-star hotel with all the amenities of a luxury establishment , a world class premier spa and well being lifestyle centre for Port Louis residents and other visitors to Grenada, a 120 room mid range hotel catering to the tourist market, revitalization of the southern end of the lagoon area including the reclamation and renovation of the seafront, proposed revitalization and augmentation of Pandy Beach to compliment that of Grand Anse including water sports, beach extension, diving and other elements, Employment prospects of between 500-800 staff with excellent training and career opportunities for Grenadians. Within the Caribbean and West Indies, Port Louis will be a unique comprehensive village community of charm and character including a vibrant market with a waterfront of exciting activities.

For further information contact, Marketing Manager, Jo di Carlo, jodicarlo@savvygrenada.com at 473.439.0000 or Public Relations, Francine Stewart, cinerycommunications@gmail.com at 473-407-1753, or Visit www.mountcinnamongrenada.com and www.portlouisgrenada.com for a preview of our brochure.