Fractional Real Estate News

Mike Balfour, Chairman and Founder of the Fitness First health club chain, John Lovering, Chairman of both Debenhams and Somerfield, Stephen Wise, a former Bain & Co management consultant, Patrick Henchoz, Founder of the Esporta health club chain and former Operations Director of Country Club Hotels and Helmut Schön, an experienced venture capitalist are combining forces to launch The Hideaways Club, Europes First Private Residence Owners Club.

The Hideaways Club, Europes first private residence owners club, launches today offering an exciting new concept in luxury travel and property ownership.  Club members will enjoy not only a unique combination of destination choices, but also ownership and personal usage of a wide selection of luxury properties in Europe and the Mediterranean, all without the hassle and time involved in managing them.

Striking the Perfect Balance
Destination Club Provides Members with Luxury Private Homes at a Remarkable Value

SALT LAKE CITY, UT - January 29, 2007 - The perfect vacation home is invariably a happy marriage of lifestyle and cost. It is also a delicate balancing act that BelleHavens Equity Destination Club has managed to deliver.

Orlando, Fla. 01-25-2007 —Wyndham Vacation Ownership, the world's largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE: WYN), today announced that it has acquired the Grand Beach Palace resort (formerly the Renaissance Grand Hotel) located on the northeast side of St. Thomas in the U.S. Virgin Islands, with plans to convert the property into its flagship Caribbean timeshare resort.  Terms of the acquisition were not disclosed.

New $75 Million Costa Rica Development Represents Clubs Largest Project Yet, Three Years of Planning and a First for Destination Clubs

Denver and Washington, January 24, 2007 - Exclusive Resorts raises the bar again for luxury destination clubs as it opens the industry's first members-only resort, complete with 21, 4,000-square-foot luxury residences and a 20,000-square-foot member club house. Located at Peninsula Papagayo, a 2,300 acre residential resort community on the north Pacific coast of Costa Rica, the Club's "Poro Poro" development was created by Exclusive Resorts from the ground up for its members, with a new standard of custom homes, luxurious amenities and personalized service.

Privileged Access to Premium Travel and Medical Services Now Included with Exclusive Resorts Membership

Denver and Washington, January 16, 2007 - Offering an unprecedented collection of services to further increase the value of membership in Exclusive Resorts, the club today announced its Exclusive Resorts Service Collection. The Service Collection features premier travel assistance, premier rental car and air transportation access and medical advisory services for the clubs 2,500 members through alliances with four industry leaders:

• American Express - access to travel booking arrangements
• Avis Rent A Car - premium access to executive-level services and free upgrades
• Marquis Jet - exclusive member access to the worlds number-one private aviation fleet while traveling to club destinations
• Mayo Clinic - 24-hour coordination of medical resources available through Mayo Clinic nurses and doctors for members and guests staying in any club residence worldwide

NEW YORK (January 8, 2007) - One of the best kept travel secrets – winter is the perfect time to visit New York City. All seven Leading Hotels of the World in the Big Apple warm up the season with The Manhattan Winter Sale, through March 31, 2007.

Wyndham Waikiki Beach Walk Achieves More than 3,000 Sales Prior to Opening

ORLANDO, Fla. 01-05-2007 —Wyndham Vacation Ownership, the world's largest vacation ownership company, today announced the opening of Wyndham Waikiki Beach Walk – the company's 13th Hawaii-based resort and first in Waikiki.  The 195 unit timeshare property is a major component of the highly anticipated Waikiki Beach Walk complex – the largest re-development project in the city's history.  Wyndham Waikiki Beach Walk, which will be affiliated with the company's FairShare Plus portfolio of vacation ownership resorts, exceeded more than 3,000 individual pre-construction sales prior to opening.

MIAMI BEACH, FL – DECEMBER 21, 2006 – The Ritz-Carlton Club and Residences, South Beach is now accepting reservations for its fractional ownership residences. Scheduled for occupancy in late 2009, all 45 fractional Club residences will be located in the former, oceanfront Seville Beach Hotel building located at 2901 Collins Avenue. The building will undergo a historic restoration, and two new towers also will be constructed to house the 86 private Residences, for which sales are currently underway.

Hunt Realty Corporation and Sentry Financial Corporation Become Financial Partners with the only “Member-Owned” Equity Destination Club in the Industry

Salt Lake City, UT – December 19, 2006 – BelleHavens, the only member-owned, equity destination club, announces financial backing from two leading investment companies: Hunt Realty Corporation, based in Dallas, Texas, and Sentry Financial Corporation, based in Salt Lake City, Utah.