ince its founding 19 years ago, Pacific Monarch Resorts Inc. has gained an exemplary reputation as a leader in resort development, offering exceptional value with the highest level of professional hospitality and resort management expertise. Our senior executive team is directly responsible for our strong growth and healthy financial portfolio with aggregate sales in excess of $725 million. We topped the $125 million mark in revenue for the first time in 2006, with projected 2007 revenues in excess of $150 million.
With more than 100,000 guest arrivals each year enjoying their vacations at nine, Pacific Monarch Resort locations offering more than 1,550 luxury villas, our legacy is prominent in the industry. Pacific Monarch Resorts’ new flagship property, Cabo Azul Resort and Spa in Los Cabos, Mexico is a 332 all villa resort development built on 12 acres with 600 feet of white-sand beach. The resort has a truly fresh look and feel, a master piece by the celebrated interior designer, Dodd Mitchell. His insightful design flair for natural elegance, exotic lighting effects and curious drama, makes this unique premier resort an inviting relaxation and entertainment facility. Passionate fire sculptures, creative and playful waterscapes, and artful interiors create a feeling that represent an international interpretation of this wonderful Mexican destination.
One of Pacific Monarch Resorts' most exciting locations is our Cancún Resort on South Las Vegas Boulevard in Las Vegas, Nevada, featuring 440 beautifully appointed villas. Our resort boasts a six-acre water feature as its centerpiece and is situated just minutes from the heart of the world-renowned Las Vegas Strip.
Other great California resorts include Palm Canyon Resort & Spa in Palm Springs, Riviera Beach & Spa and Riviera Shores Resort in Dana Point, and Riviera Oaks Resort and Racquet Club in San Diego Country Estates. In response to request for ski resorts we offer the truly beautiful full service resort ski lodge in Brian Head, Utah – the Cedar Breaks Lodge & Spa. We presently have plans underway to develop other exotic resort destination locations, all in response to the demands and expectations of our guests.
Pacific Monarch Resorts will long continue to focus on improving and refining our hospitality program, perfecting our operating efficiencies, and focusing our commitment to the creation of economical and flexible vacation options at our beautiful resort facilities.