Exclusive Resorts is a Destination Club, a collection of homes that are operated somewhat like a country club — members pay a fee to join and annual dues to use the club property. Currently, 30 days of annual use requires a buy-in of $310,000 (over $10,000/night; over $70,000/week) and annual dues of $29,850 (almost $1,000/night).
Library
Archive for January, 2010
Skiers Buy Vacation Homes as Prices Fall, NY Times, January 28, 2010
January 29th, 2010Discounts galore in Ski Country, USA. New York Times.
Real estate ‘by the slice’: Inman News
January 20th, 2010An interesting article about the conversion of standalone vacation homes to fractional.
Entrepreneurs: At your service
January 12th, 2010“The reason that entrepreneurs are so important to the economy is because their very existence and success depends on one key factor: Effectively solving other people’s problems. Need some new product to make your life better off, or something that already exists but you want it cheaper, better, faster, or more conveniently to make you better off? The entrepreneurs are at your service. “
One Steamboat Place: First guests checking in at the latest Timbers Resort
January 10th, 2010One Steamboat Place is welcoming owners and guests to the latest resort developed by Timbers Resorts.
Abercrombie & Kent Residence Club Lowers Membership Fees 40%
January 6th, 2010Abercrombie & Kent, a Destination Club (non-equity use of vacation homes) announced that they were lowering membership fees by 40% in an attempt to attract new members.
ExchangeArrange™: a new concierge-level service at FractionalExchange.com
January 6th, 2010ExchangeArrange™ is a new concierge-level service at FractionalExchange.com.
Fractional Ownership: a second home… and a third home… and a fourth…
January 6th, 2010For many families, fractional ownership allows efficient and affordable ownership of a vacation home. It’s a concept that just makes sense — why own 52 weeks of a second home when you’ll use it just six weeks? Expanding on the concept, some families have elected to own more than one fractional home. For example, owning at a location focused on summer use and at a winter location. Or, owning a fractional within driving distance for long-weekend use and also owning a fractional in a “fly-to” destination. Owning in more than one location offers diversity in use and scenery and STILL costs much less than owning a 52-week vacation home.
Congratulations to Vail Mountain Lodge: included in CN’s “Top 50 Ski Hotels”
January 3rd, 2010Vail ranked as the 5th best place to ski and Vail Mountain Lodge made #30 in the Conde’ Nast “Top 50 Ski Hotels.”