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Abercrombie & Kent Residence Club |
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| Membership Pricing |
| Initial Membership Fee |
$297,000 |
| Annual Dues |
$42,000 |
| # Nights |
45 |
| % Membership Refundable |
Equity Basis |
| Refund Basis |
1 in 1 out |
| Homes |
| # of homes |
18 + 24 |
| # of locations |
17 |
| Average Value |
$3,000,000 |
| Members per Home |
6:1 |
| Club |
| Number members |
150 |
| Founded |
2004 |
| % Homes owned |
100% |
Description
This destination club was launched in 2008 when Abercrombie & Kent acquired two established equity destination clubs, Crescendo and BelleHavens.
In addition to 18 club owned homes, members can use 12 privately owned villas and 12 boutique hotels in Europe. Members can also trade some of their time for A&K tours and bespoke travel, provided by Abercrombie & Kents well established luxury travel business.
The club offers three levels of membership providing either 15, 30 or 45 nights of vacations each year.
The club is planning to be very financially transparent to members and discloses how their initial dues and annual fees are used. With its equity structure the club members are the owners of the company that owns the club homes.
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