Replay Destinations Acquires Prime Development Parcels Adjacent to the Phoenician®

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REPLAY DESTINATIONS ACQUIRES PRIME DEVELOPMENT PARCELS ADJACENT TO THE PHOENICIAN®, A LUXURY COLLECTION RESORT IN SCOTTSDALE, ARIZONA

Limited Collection of Ascent at The Phoenician® Golf Villas Available Now

SCOTTSDALE, ARIZONA – October 30, 2020 – Replay Destinations (‘Replay’) announced today that it has
acquired real estate development parcels at The Phoenician®, a Luxury Collection Resort in Scottsdale,
Arizona. The planned private residential community will sit at the foot of Camelback Mountain, overlooking the
Phoenician® Golf Club. Known as Ascent at The Phoenician®, the project will become a true legacy property
in one of Arizona’s most celebrated locations. Replay has acquired the development parcels from affiliates of
Host Hotels & Resorts, Inc. (‘Host’), owner of The Phoenician®, a Luxury Collection Resort, which is
consistently recognized as one of the world’s finest luxury resort destinations.

“Designed as a luxurious desert sanctuary in the heart of Scottsdale, Ascent at The Phoenician® will offer
buyers the rare opportunity to live at one of the region’s most prestigious addresses. At this time when home is
more important than ever, we have incorporated contemporary design, spacious indoor/outdoor living spaces,
and private entrances in a world-class location to enjoy the beautiful desert,” said Gary Raymond, Managing
Director, Replay Destinations.

Ascent at The Phoenician® will consist of approximately 195 properties, including condominiums at the base of
Camelback Mountain and Ascent Golf Villas along the first fairway of the Phoenician® Golf Club. A planned
private pool and fitness amenity tucked up against Camelback Mountain will be an intimate gathering place for
wellness, socializing and relaxation. With views overlooking the new Phoenician® Golf Club and Camelback
Mountain along with the city lights of Scottsdale, home designs will feature contemporary architecture
integrating warm, natural materials, expansive windows and large outdoor living areas. Residents will also have
a limited opportunity to join a Phoenician® Amenity Access Program that provides Ascent real estate owners
with access to resort amenities, including the pools and fitness facility, as well as preferred pricing for golf, spa,
food and beverage, and other services.

Reservations are now being accepted for the first release of luxury homes within the Ascent community – a
limited collection of 30 golf villa homes situated on the first fairway of the new Phoenician® Golf Club and
adjacent to the golf clubhouse and new Phoenician® Tavern Restaurant. Ranging from two bedrooms to three
bedroom and den/office plans, the homes will offer spacious indoor living transitioning to generous outdoor
living. Priced from $1,785,000, the Ascent Golf Villas offer private two-car garages with additional storage.
Generous outdoor living areas include spectacular upper level patio decks opening to views of the golf course
and Camelback Mountain. Priority reservations are being accepted via a formal Reservation Agreement along
with a $5,000 refundable deposit. Reservation holders will have the ability to select a home at pre-construction
pricing with final purchase contracts being written later this fall.

“Host Hotels and Resorts is thrilled that Replay Destinations is acquiring these real estate development parcels
at The Phoenician®, a Luxury Collection Resort for this legacy project,” said Linda Laniado, Vice President of
Investments at Host. “Replay is known internationally for creating one-of-a-kind projects in storied resort
locations across the globe. It was their understanding and design approach to creating the ultimate luxury resort
lifestyle that intrigued our team. We strongly align around the vision for this place and look forward to seeing it
become a reality.”

Replay’s development team for Ascent at The Phoenician® is based in Phoenix, and they have assembled an
award-winning local design team. The team includes Nelsen Partners, an architecture & planning firm founded
in 1990; Vallone Design, a leading, full-service interior design firm specializing in exquisite residential and
commercial projects; Floor Associates, a landscape architecture and planning firm; and bulthaup Scottsdale, a
globally-recognized company producing premium kitchens custom-made in Germany.

“Scottsdale, Arizona continues to be recognized as one of the most desirable areas in the U.S. to own a home
and experience everything Scottsdale and the surrounding Phoenix area offers. We could not be more pleased to
be creating a residential community in such a storied location,” said Paul Jorgensen, CEO of Replay
Destinations in Vancouver, British Columbia. “The market fits very well with our growing portfolio of
destination real estate developments in sought after locations like Hawaii, Sonoma Wine Country, Cabo San
Lucas and the Caribbean.”

With more than $2 billion in real estate projects undergoing planning and development, Replay has properties in
some of the world’s most sought-after settings. The team immerses itself in the experiences of each location,
delving deep into its stories and uncovering its specific character. Replay values opportunities for learning,
building connections, being active and living like locals just as much as a community’s architecture, landscapes
and interiors.

“The Phoenician®, a Luxury Collection Resort is one of the premier resort destinations in the United States, and
we are honored to work in conjunction with Host in creating a special residential community,” Raymond said.
“With The Phoenician®, a Luxury Collection Resort’s recent renovation including new restaurant concepts, a
fitness facility, The Phoenician® Spa and the redesigned Phoenician® Golf Club, our residents and their guests
will be in the enviable position of having The Phoenician®, A Luxury Collection Resort and its world-class
amenities at their doorstep. Ascent at The Phoenician® has already been well received by potential residents
who love the location, amenities and the promise of luxury.”
Joe Bushong and Leslie Jenkins of Russ Lyon Sotheby’s International Realty are the listing agents for Ascent at
The Phoenician®. For more information on real estate opportunities, call 480-534-4086 and to register for
updates visit ascentatthephoenician.com.

Current Projects
In addition to Ascent at The Phoenician®, Replay’s current development projects include: Half Moon Bay
Antigua, an ultra-luxury destination that includes a Rosewood hotel, estate lots and branded residences;
Ka‘upulehu in Hawaii, a private residential community on the Kohala Coast; Lift Park City, prime ski-in, skiout residences at the base of the largest ski destination in the United States; Mar a Cielo, resort condominiums
within Cabo del Sol, one of the top destinations in Los Cabos; Mill District Healdsburg, a mixed-use
development in the heart of Sonoma wine country that includes a boutique hotel, retail and luxury
condominiums; One Ocean Bahamas, a luxury condominium high rise community overlooking Nassau Harbour;
and YOTELPAD Park City, a new concept in condominium living at the base of Park City Mountain in Utah.

About Replay Destinations
Replay Destinations is a fully integrated real estate development company headquartered in Vancouver, Canada
specializing in the destination home sector. With operations in the continental United States, Hawaii, Mexico,
and the Caribbean, Replay’s team of strategists, planners, designers, marketers and builders create authentic and
enduring places that become must-visit destinations for guests and potential real estate purchasers alike.
Working with visionary private equity firms, landowners, municipalities, other developers and families with
legacy holdings, Replay creates places that the marketplace thinks of first and likes best, which in turn enhances
the destination’s economic impact and market awareness. Replay’s outlook is global, long term and broadbased, and is supported by strong, goal-oriented, time- and budget-sensitive business practices. Replay was
founded in 2007 and has more than $2 billion in real estate in planning and development. Visit
www.replaydestinations.com for more information.

Media Contact
Michelle McGinty, DRA Collective
Tel: (310) 704-7834
michelle@dracollective.com

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