| Membership Pricing | | Initial Membership Fee | $0 | | Annual Dues (highest) | $99,900 | | # Nights (highest) | 45 | | % Membership Refundable | NA | | Refund Basis | NA | |
| Homes | | # of homes | 450 | | # of locations | 30
| | Average Value | $3,000,000 | | Members per Home | NA | | Club | | Number members | 90+
| | Founded | 2006 | | % Homes owned | 0% |
Description
One Key started in 2006, but in January 2009 announced it was closing operations due to the economy.
This luxury travel club had a different model to the destination clubs in that it didn''t own any of its homes. This means that members did not need to pay a large initial membership fee (which the other clubs use to buy their homes). Instead the club operated similar to a prepaid jet card, so members bought an initial membership level which gives them a certain number of points (called "One Key Nights"). The club then provides access to a variety of homes which have different points values depending on season, location, size and amenities of the home.
The club also provided various pre-trip and during trip services and amenities for its members.
The club had three membership levels:
- 45 One Key nights for $99,900
- 25 One Key nights for $59,900
- 15 One Key nights for $39,900
Members could use their points over any time period and unused points did not expire.
The club was headquartered in Mansfield, MA. See a comparison of current destination clubs here. |
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Last Updated ( Wednesday, 28 January 2009 )
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