The funds are focused on acquiring properties in desirable locations at discounted prices. Investors can use the properties in their fund for personal vacations. The funds plan to have rental income covering all or most of the operating costs.
The independent ARGUS rating system looks at an aircraft operators actual safety history, and produces a grade for that operator. If you're a potential customer of a jet charter company or fractional operator it's well worth asking about their ARGUS rating.
The large private aviation provider just reported new business growth of 83 percent when comparing Q1 2013 versus Q1 2012. SherpaReport spoke to Bruce Peddle, Vice President, Sales and Marketing, Flexjet to find the information behind the numbers.
The members of the Canadian based equity destination club just voted to add in a sunset provision. This means that starting in 2020 the club can sell off its residences and return funds to members.
Reciprocal partnerships between destination clubs are becoming the norm. Exclusive Resorts has recently formed more of these relationships than other clubs. The latest partnership between Ritz-Carlton Destination Club and Exclusive provides additional vacation locations for members of both clubs.
Whether you fly for business or leisure purposes, you can choose either private jets or commercial airlines to get from point A to point B. With many smart executives looking at private jet charters as the most comfortable and reliable form of transportation, here is a look at the pros and cons of commercial flights vs. chartering a private jet.
Supplemental Lift provides aircraft owners access to substitute aircraft when their own aircraft is not available. It can fill the gap if an aircraft is undergoing maintenance, or when a need arises for a simultaneous trip, or for flights that may originate or terminate outside a normal range or operating area.
The Riviera Maya is known as a fascinating destination for modern luxury combined with spectacular natural beauty and ancient history. It is here that you'll find the new residence club, Fairmont Heritage Place, Mayakoba under construction and expected to open in June of 2014.
Since its launch in 2007, the Luxus Premiere Collection has grown to over 200 members who own and use 30 luxurious vacation homes. The fund plans to add one more home before closing to new investors.
Launched a little over a year ago, the Flight Options jet membership has already welcomed its 100th member. With this early success the company has now added the Nextant 400XT to the membership program.
Peter is the CEO and founder of Demeure, which offers a large and growing portfolio of luxurious properties in the world's top destinations. As with other clubs, members receive dedicated help from a Private Assistant and on-the-ground support from award-winning professional hosts.
The 33.7-metre Curvelle Quaranta yachts came about as the result of a team that included some of the finest naval architects and specialist catamaran designers with a vision in mind to "create yachts that will change cruising forever." The company's fractional ownership program is designed to provide more yacht and far more control than you'll find with other similar programs.
Executive AirShare is a Kansas City, Missouri based company and the only "days-based" fractional aircraft provider. Serving the Central U.S. and also Great Lakes/Mid Atlantic area the organization has continued to grow, expanding into Austin, San Antonio and Houston as well as seeing a steady increase of shareowners. In 2009 Executive AirShare had 95 owners, and as of the end of 2012 that number had grown to about 140 shareowners.
Founded by Wade Shealy in 2010, this new luxury home exchange company offers second homeowners the chance to trade time in their own home for vacations around the world. In just two years it claims to have saved its members over $10 million in rental fees.
The new Club Card lets travelers experience The Quintess Collection's private luxury residences and bespoke vacations without having to commit to a long-term membership. Card holders have access to the entire portfolio of more than 170 exceptional homes and experiences in 60 worldwide destinations.
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