Friday, September 03, 2010
   
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The Guide to Shared Luxury Property

Banyan Tree Collection and Hideaways Club Enter Reciprocity Agreement

The Hideaways Club, an international property investment Fund that offers its members the opportunity to invest in and enjoy a portfolio of luxury villas and chalets, announced this week that it has formed an alliance with Banyan Tree Private Collection, Asia’s first global destination club.

Hideaways Club Home Borneo
Hideaways Club Home Borneo
The alliance takes the form of an exchange partnership, offering members of both clubs the opportunity to enjoy reciprocal usage of each other’s properties. This relationship and structure is very similar to the alliance that Hideaways struck with Equity Estates just last week.

Launched in 2007, The Hideaways Club is one of the largest clubs of its kind with over 25 multi-million dollar properties throughout Europe, Africa, Mauritius and South East Asia. Banyan Tree Private Collection owns premium villas within Banyan Tree resorts in Thailand, Bali, China and Seychelles as well as standalone private villas and luxury apartments in Italy, France, the United Kingdom and Japan. This alliance allows members of both clubs the opportunity to substantially broaden their holiday horizons at no extra cost to their initial membership or yearly fees. Members of each club will be able to use the spare capacity of the other club which will greatly increase property availability for all members.

The two clubs have each agreed to trade up to 200 days of non-peak time, to members of the other club. The homes are available on a first come first served basis for these non-peak reservations.

Commenting on the Banyan Tree alliance Mike Balfour, Chairman and co-founder of The Hideaways Club said,” We are thrilled to have formed this partnership with such a prestigious and internationally recognised company. This is a very exciting time in the growth of The Hideaways Club, and with nine additional properties from which to choose the alliance opens up a whole new area for our members to discover and enjoy. This relationship further endorses our commitment to offering the widest range of holiday options available to members of the Club.”

Marina Kleiman, Managing Director of Banyan Tree Private Collection commented, “The Hideaways Club is a perfect fit for us and totally reflects the luxury, quality and service that our members have come to expect. This will give them the opportunity to visit some of the most exotic and exciting locations around the world in the comfort and style for which the Banyan Tree Private Collection is renowned.”

The properties of both clubs are serviced by their own concierge operation who will handle all reservations and requests thereby removing all the hassles, unforeseen financial pitfalls and headaches associated with booking a holiday in order to ensure a relaxed and memorable experience.

The two partnerships with Equity Estates and Banyan Tree give Hideaways members access to a total of 45 homes and villas around the world. With Banyan Tree’s Asian footprint and Equity Estates North American focus, the Hideaways members now have access to the most globally diverse portfolio of homes.

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