- What is a Destination Club Learn More about this unique and growing luxury vacation alternative
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- Discover the Most Popular Luxury Destinations Discover the Most Popular Destinations
For more than 85 years, Sea Island has provided travelers with a luxurious private sanctuary, combining breathtaking nature, outdoor activities, and the highest quality accommodations. The Cloister Ocean Residences, a private residence club on Sea Island, aims to offer the very best in personalized worry-free vacations.
The Canadian destination club M Private Residences has been structured as a non-profit corporation since 2008. This means that it is not set up to generate profits for outside shareholders. This is the only destination club with this type of structure, so here's a walk through on what this means for the club shareholder members.
The annual survey by Ragatz Associates of private residence clubs, destination clubs and fractional interests shows total sales of $516m in 2014, which is inline with the overall sales for 2013. The mix of sales within these groups has changed between the two years.
The equity destination club, Equity Residences launched its second fund just a few months ago. We caught up with co-founder and Managing Director Greg Salley to talk through the funds and what it means to be an investor in Equity Residences.
The Citation CJ3, also known by its model number 525B, was first delivered in 2004 and was the third model in the line up of the popular CitationJet, abbreviated to CJ series. This article walks through the specifications and the various costs of ownership for the CJ3, including a scenario that includes charter revenue.
As the market for large cabin private jets continues to grow, new lenders are emerging to help individuals and corporations finance their aircraft acquisitions. Global Jet Capital started last year and offers a variety of financing options, including operating leases.
If you're weighing up whether to buy your own private aircraft or whether to buy a fraction, the simplest advice you'll hear is how much do you fly? But this is just a basic starting point. The real deciding points are how are you going to use it, what is your budget and what are your personal travel preferences.
If you own your own aircraft or if you're considering buying one, the choice of an aircraft management company is probably one of the most important decisions you'll need to make. This article walks through the things to consider in making this selection.
Continuing in our series of extraordinary and ordinary requests made of club concierges, we're focusing on Rocksure, an equity club offering both villa and apartment funds. Both fund owners and the general public have the opportunity to stay in Rocksure's properties, and all guests receive the same service.
The new Equity Platinum Fund will acquire 20 luxury vacation residences, each with a value between $2 million and $3 million. Some of the target locations for the new fund include Cabo San Lucas, the Bahamas, Deer Valley, Hawaii and West Palm Beach.
It's been a while since we saw some details on the types of people joining destination clubs. So we recently reached out to several clubs to get a picture of the sort of people who are becoming members. Here's a run-down on the answers that we received, together with some earlier data.
The trend seen in 2013 of more larger aircraft being sold appears to be continuing. Led by both a slowly growing global economy, as well as an increase in billionaires worldwide, the average asking prices for heavy jets have steadily increased since 2012, reaching a $15.4 million peak in April (according to AMSTAT).
As a Luxury Residence Fund, Equity Estates is different from some other destination clubs. Members of the club are actual investor-owners in the properties that they visit, so the concierges are responsible for both the travelers and the homes. As a result, the concierges hold a dual title of Personal Travel Concierge and Destination Manager. Regular responsibilities include budget management, handling repairs, maintenance, and improvements, as well as coordinating the specific needs of each traveler.