Fractional Real Estate News
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New Volunteer Program for Club Members
ORLANDO, Fla. – June 18, 2008 – The industry’s leading fractional ownership brand – The Ritz-Carlton Club – now provides Members with the opportunity to volunteer their time and contribute to the local community in which they vacation. “Give Back Getaways” is a new initiative created by The Ritz-Carlton Hotel Company, LLC through its social and environmental responsibility program, Community Footprints. Working side-by-side with family, friends and the Ladies and Gentlemen of The Ritz-Carlton Club, Members will receive rich and inspiring experiences while making a positive impact in the lives of others. |
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Brand’s Third Fractional Ownership Property in Colorado
VAIL, Colo. – June 16, 2008 – The Ritz-Carlton Club – the industry’s leading private residence club – introduces its 10th Club to one of the country’s most sought-after ski destinations, Vail, Colo. The Ritz-Carlton Club, Vail will be developed at the base of Vail Mountain in LionsHead Village and neighboring the banks of Gore Creek, offering a proposed 45 fractional Club residences featuring Vail’s traditional Bavarian-style architecture hailing from ski resorts in Europe |
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ULTIMATE ESCAPESSM — Integrated Offering Creates Industry’s Leading Family of Destination Clubs —
ORLANDO, FL AND FORT COLLINS, CO — May 27, 2008 — Ultimate Resort® and Private Escapes® officially launched the new brand, Ultimate EscapesSM — with an integrated luxury travel offering designed to provide consumers more value, choices, destinations and properties. The launch announcement will be made by co-CEO’s Jim Tousignant and Richard Keith at the 2nd Annual Destination Club & Private Residence Industry Symposium this week in Miami. The fusion of these leading brands creates the industry’s fastest growing and most diverse family of destination clubs, combined portfolio of 140 exclusive club properties in 50 global destinations. |
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The legendary travel company promises to redefine the market using an innovative equity club model and a collection of unique membership benefits OAK BROOK, IL – April 18, 2008 – Abercrombie & Kent, the acclaimed travel services company, has been a pioneer in the world of luxury travel services for the last 46 years. Starting this summer it will launch the Abercrombie & Kent Residence Club, a destination club that promises to transform the marketplace by combining the company's unparalleled experience and global reach, its insider access and its superlative travel services, with a unique equity club model. |
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Club membership provides access to expanded suite of luxury services Denver, April 17, 2008 – Exclusive Resorts, the world’s leading luxury destination club, today announced that it is further enhancing the value of club membership by adding five new premium offerings to its existing collection of member benefits. In addition to the member benefits already available through the club’s partnerships with American Express Travel, Avis Rent A Car, Mayo Clinic Preferred Response and Marquis Jet, the club’s 3,000+ members will now enjoy premium benefits and access from the following additional partners. |
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CONSTRUCTION OF ITS FIFTH RESORT, THE WYNDHAM DESERT BLUE ORLANDO, Fla. 04-07-2008 —Wyndham Vacation Ownership, the world’s largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE: WYN), is expanding its presence in Las Vegas with the construction of the Wyndham Desert Blue, the company’s fifth resort in this highly popular vacation destination. |
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Nomination in the 2008 International Property Awards in association with CNBC (Fort Collins, Colo.) March 20, 2008 – Nestled in the rolling hills of Tuscany is a magical 17th century farmhouse called Rigo Salcio – which was just nominated for the 2008 International Property Awards in association with CNBC in the Best International Redevelopment category. Set against the memorable backdrop made famous by Frances Mayes’ Under the Tuscan Sun, Rigo Salcio was restored by renowned Italian architect, Fulvio Di Rosa. This beautiful residence represents Private Escapes Destination Clubs’ further growth into the European market and the fulfillment of its members’ top request in 2006—access to romantic Tuscany. |
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WorldMark West Yellowstone is Company's First Resort in Montana ORLANDO, Fla. 03-18-2008 —Wyndham Vacation Ownership, the world’s largest vacation ownership company and a member of Wyndham Worldwide’s family of companies (NYSE: WYN), today announced the opening of WorldMark West Yellowstone in West Yellowstone, Montana. The vacation ownership resort, operating within the WorldMark, The Club portfolio, features 112 condominium-style units and is located less than a mile from Yellowstone National Park. |
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TAMARACK, Idaho – (March 11, 2008) – Tamarack Resort’s real estate office – Tamarack Resort Realty [TRR], the exclusive on-site brokerage for luxury residential property at the nation’s newest all-season resort – has formed a strategic partnership with MLC Sotheby’s International Realty in McCall, Idaho to service the resort’s resale division. |
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Ultimate Resort is the first destination club to partner with FirstAgain ORLANDO, FL (March 10, 2008) – Ultimate Resort, the leader in the private luxury destination club industry with more destinations than any other club, is pleased to announce a partnership with FirstAgain, an online consumer lender that caters to individuals with excellent credit. In this new partnership, FirstAgain will provide their unsecured AnythingLoan to prospective members with excellent credit to cover the costs of club memberships and dues payments. As the AnythingLoan is not collateralized, there are no restrictions or any additional requirements on the prospective member. |
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Acquisition Adds Six Multi-million Dollar Club Properties and Three New Club Destinations Orlando, Fla. (February 25, 2008) – Ultimate Resort, the leader in the destination club industry with more global destinations than any other luxury destination club, announced today the acquisition of Ventures Equity Vacation Club, the destination club of Tampa-based resort developer BVG Incorporated. Ultimate Resort acquired Ventures Equity Vacation Club in exchange for an undisclosed amount of cash and membership interests in Ultimate Resort ELITE Club. |
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