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The Guide to Shared Luxury Property

Portofino Collection Overview

  Overview

 Membership Pricing
 Initial Membership Fee (highest)$250,000
 Annual Dues (highest)$21,900
 # Nights45
 % Membership Refundable80%
 Refund Basis3 in 1 out
 Homes
 # of homes19
 # of locations17
 Average Value$2.5m
 Members per Home6:1
 Club
 Number members (Portofino & Signature)
135
 Founded2002
 % Homes owned70%

Description

The Portofino destination clubs filed for Chapter 7 bankruptcy in May 2008.

Portofino Collection was one of 3 distinct destination clubs by Portofino. The other two clubs were the Signature Collection and the Continental Collection.

The Portofino Collection had several membership plans for both individuals, offering 45, 30 and 15 days usage, and groups offering 25 days usage. Members in all the plans also had reciprocal use of the Signature Collection homes. The club offered two types of membership. For more details read the appREciation article below.

Members could make advanced reservations which could be booked up to a year in advance and space available reservations were booked within 30 days of travel. For all the reservations there was a minimum of two nights. The clubs goal was to keep its occupancy ratio below 70%.

The club was headquartered in Greenwood Village, Colorado.

Here's where you can start to compare Portofino to the other destination clubs
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