|
Ultimate Escapes Premiere Overview |
| Print |
|
E-mail
|
| Membership Pricing |
| Initial Membership Fee (highest) |
$150,000 |
| Annual Dues (highest) |
$17,000 |
| # Nights (highest) |
60
|
| % Membership Refundable |
80% current value |
| Refund Basis |
3 in 1 out |
| Homes |
# of homes (total)
|
over 140
|
# of locations (total)
|
50
|
| Average Value |
$1,000,000 |
| Members per Home |
6:1 |
| Club |
| Number members (Total) |
over 1,300
|
| Founded |
2003 |
| % Homes owned |
90% | Description
Ultimate Escapes is the largest destination club measured by number of locations. There are three levels of clubs, of which this Ultimate Escapes Premiere level has $1m homes. The club homes average 2,000 square feet in size and typically have 2-4 bedrooms in most locations.
The other two clubs are Ultimate Escapes Elite with $3m homes and Ultimate Escapes Signature with $2m homes. Members in any of the three clubs have a level of reciprocity to use homes in the other sister clubs. The clubs also have partnerships with an additional 130 properties in 100 locations worldwide.
Each club offers five family membership plans, providing from 14 to 60 nights of travel per year, and also offers a corporate membership plan.
The club was formed in 2008 through the merger of Ultimate Resort and Private Escapes and is publicly traded under the symbol ULEI on the OTC bulletin board.
|
|
Last Updated ( Wednesday, 24 February 2010 )
|
