Overview Solstice Overview
Written by Nick Copley Tuesday, 15 August 2006 15:00
Overview
| Membership Pricing | |
| Initial Membership Fee (highest) | $1,950,000 |
| Annual Dues (highest) | $86,000 |
| # Nights (highest) | 56 |
| % Membership Refundable | Two options |
| Refund Basis | 3 in 1 out |
| Homes | |
| # of homes | 15 |
| # of locations | 12 |
| Average Value | $6,750,000 |
| Members per Home | 6:1 |
| Club | |
| Number members | 95+ |
| Founded | 2004 |
| % Homes owned | N/A |
website
solsticecollection.com/If you're seriously considering joining a destination club then download "Destination Clubs: A Guide for Prospective Members". The Guide will give you an in-depth view of the different clubs including their homes, services and questions to consider prior to joining.
Description
Solstice offered three membership options for access to its unique ultra luxury homes. The top "Sky" membership offered 56 days of advance bookings (up to 8 months in advance) and unlimited bookings within 75 days. At the other end of the spectrum the Signature membership offered 14 days of advance booking and unlimited bookings within 45 days, for an initial membership of $615,000 and annual dues of $34,000.
The 15 properties included the fully crewed 90ft yacht Solstice I which tours the Caribbean in winter, the Bahamas in spring and fall, and New England's coast in the summer. Most of these luxurious homes also have a luxury car on property.
The club filed for Chapter 11 bankruptcy in early 2009. See the articles below for more details.
Here's where you can start to look at the current other destination clubs.
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