Private Residence Club News
The Parkway Club at Turtle Creek has introduced the first Private Residence Club on the
Read more: Private Residence Club Launches on the Blue Ridge Parkway, NC
The Asheville Club at 151 is the new private residence club in downtown
Read more: Luxury Private Residence Club is Launched in Asheville, NC
The wealth section of the New York Times ran an article last week on the stresses of owning a vacation home. Writer Paul Andersen speaks from personal experience and interviews a variety of people under the title “If It Causes Stress, Is It Really a Vacation Home?”.
Timbers Resorts in partnership with Ferruco Vail Ventures will operate and manage The Sebastian, formerly the Vail Plaza Hotel & Club, in Vail, Colorado. The newly renamed hotel and residence club will debut in December this year.
Read more: The Sebastian in Vail to Relaunch with Its New Name
A year ago, we wrote two articles on several "try before you buy" offers at private residence clubs. Well, a year later and there are multiple new offers available. Here's a sampling:
The annual North America survey by Ragatz Associates showed a significant drop of 44% across all shared property types, including fractionals, private residence clubs and destination clubs.
Timbers Resorts has opened One Steamboat Place, its latest luxury resort development at the base of majestic Mt. Werner in Steamboat Springs, Colorado.
Read more: New Slopeside Resort opens in Steamboat Springs, Colorado
Proving that luxury home buyers are still active, The Porches of Steamboat Springs, Colorado, has made six sales; three fractional interests in the Private Residence Club and three whole ownership units, over the last six months.
The Big Apple speaks for itself. New York's Broadway shows, five-star dining, sight-seeing, and world-famous shopping attract the world's best. It is a perfect destination for vacationing as well as providing an exciting place for the busy jetsetter to relax between trips abroad.
The Ritz-Carlton Club sets the bar for luxury in Lake Tahoe. Adding the five star services of the Ritz-Carlton to the North Lake Tahoe area will provide an unforgettable experience that can only be found in a handful of ski-in/ski-out properties in the world. Their newest project is nestled in the Sierra Nevadas and is just a gondola ride away from the Northstar Village.
Read more: The Ritz-Carlton Club Announces Its Luxurious Lake Tahoe Residences
This new relationship allows owners and prospective buyers at Four Seasons Residence Club Vail to experience Delta AirElite's private jet Fleet Membership program by the hour.
Read more: Delta AirElite & Four Seasons Residence Club Vail Form Partnership
Buying a fractional home or private residence club is a great way to acquire just the right amount of vacation home that you need. But, once that sense of wanderlust sets in its nice to have an exchange program available to swap some of your time.
The Lake Tahoe area is one of the most popular vacation destinations in the Western United States. The region offers a wide selection of fractional ownership opportunities.
Vail is home to several private residence clubs and fractonal homes. The current major investment and "transformation" in the village will add even more fractional residences.
In a report out today at the fractional industry conference, Richard Ragatz, President of Ragatz Associates announced that the North American fractional industry sales were $1.525bn in 2008.
This is the first in a series of articles about fractional and private residence club sales and resales in specific destinations. Aspen Colorado is the most chic ski resort in the US and also boasts a thriving summer program that makes it immensely popular year round.
Last December we covered several ways that private residence clubs let people try out the club, and get a feel for it, before becoming a full member. Here's a selection of other updated offers and trials that are also available to prospective members.
The southern tip of the Baja California peninsula provides a scenic backdrop for E3Escapes' 13,000 sq ft luxury fractional home.
Read more: The Largest Fractional Home in Cabo San Lucas, Complete with Luxury Yacht
The Four Seasons Residence Club in Punta Mita, Mexico has unveiled its Phase II expansion, which consist of 15 new fractional homes.
Read more: Four Seasons Punta Mita Expands its Residence Club
Luxury residence club and resort developer, Timbers Resorts, has recently introduced its own exchange program. Owners can now stay at any of the seven Timbers Collection properties, even if they own at just one resort.
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Latest Destination Club News
- Exclusive Resorts Offering Deferred Joining Fees
- Equity Estates Forecasting Continued Growth
- Banyan Tree Private Collection Adds 4 New Asian Properties
- Two New Villas in South of France for Hideaways Club
- Equity Estates Partners With Jack & Jill Cancer Charity
- Quintess LRW Adjusts Membership Pricing
Latest Destination Club Research
- Destination club, it's like a luxury timeshare isn't it?
- Comparing the Three Largest Destination Clubs - Part 2
- Comparing the Three Largest Destination Clubs - Part 1
- Destination Club Guide Now Revised and Updated
- Villa Rentals Compared to Destination Clubs
- Hotel Partnerships and Bespoke Travel with Destination Clubs
- Destination Club Cost Per Night July 2008
- Equity Destination Clubs
SherpaReport Newsletter
Member Reviews
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Relaxing at Sotogrande, SpainWe flew to Malaga, Spain and had a nice larger rental car waiting. My son-in-law drove. He & I worked together before I retired 10 years ago and then as now he knew how to get around without getting...Read More...
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Costa Rica - Home and Trip ReviewMy wife and I just returned from our first real Escape, and it was pretty darn Ultimate! We flew down to Liberia airport in Costa Rica, breezed through customs, picked up our rental and were at the rentals...Read More...
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Costa Rica Was Our FavoriteOur Family has taken a vote and has decided that the trip to Costa Rica was our favorite. There was so much to do there. Our Host was great and recommended a lot of the things we did and so did our planner,...Read More...
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Bend, Oregon "One of our best vacations yet."In June, I went on a great vacation with my mother and little sister to Bend, Oregon. When I first arrived, I thought it was beautiful because there were a lot of juniper trees right where we were...Read More...
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Everything is Better in ItalyAs the six of us boarded the flight for Rome, I made one last nonchalant reach into my backpack to make sure it was still there. Every time I thought about it, I panicked. What if it isn’t there? I just...Read More...
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