Destination Clubs 
Overview Continental Collection Overview
Overview Continental Collection Overview
Written by Nick Copley Tuesday, 05 September 2006 15:00
Overview
| Membership Pricing | |
| Initial Membership Fee | $395,000 |
| Annual Dues | $30,000 |
| # Nights | Unlimited |
| % Membership Refundable | 80% |
| Refund Basis | 3 in 1 out |
| Homes | |
| # of homes | 2 (+ see below) |
| # of locations | 2 |
| Average Value | $3.5m |
| Members per Home | 6:1 |
| Club | |
| Number members | 135 (Portofino Overall) |
| Founded | 2002 (Portofino) |
| % Homes owned | 70% (Portofino Overall) |
Description
Portofino Destination Clubs filed for chapter 7 bankruptcy in May 2008.Continental Collection was one of 3 distinct destination clubs by Portofino. The other two clubs were the Portofino Collection and the Signature Collection.
The Continental Collection members had unlimited reciprocal use of the Portofino and Signature Collection homes, so in total had access to about 27 homes. The clubs goal was to keep its occupancy rate below 70%
The club was headquartered in Greenwood Village, Colorado.
Here's where you can start to compare Portofino and the Continental Collection to the other destination clubs| < Prev | Next > |
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