An emotional experience is quintessential for a memorable vacation. Renowned hotelier Tom LaTour believes this with all his heart and created LaTour Signature Group to bring a relationship-based vacation experience to the world of fractional ownership.
It seems that many of the destination clubs are out competing each other to offer joining incentives at the moment.
The Lusso Collection is increasing its member deposit from March 1st and also changing its membership rewards feature.
Under the heading "Paradise Lost" Fortune magazine just reported on the ascendancy and subsequent tribulations of Tim Blixseth and his Yellowstone Club. The article also covers his ultra luxury destination club, Yellowstone Club World.
Accredited investors who enjoy traveling to luxurious destinations and prefer to own a portfolio of homes instead of renting them should take a look at Equity Estates, LLC. This new destination club has recently launched and offers luxury vacations and a promising end goal for investors.
Under a headline that read "A light shines amid the gloom" the Financial Times reported that private residence clubs are retaining investors interest.
Sailor hats and boat shoes fly off storeroom shelves as Quintess members prepare for their voyages on Lady Quintess, a Viking Sport Cruiser 70' Motor Yacht. On February 29, 2008 members can set sail and explore the Eastern Seaboard from Hyannis and Annapolis to Miami Beach and the Florida Keys.
In a report entitled "Ernst & Young's Top 10 Thoughts on the Hospitality Sector in 2008", the advisory firm commented on the trends it sees for destination clubs, condo- hotels and fractional over the coming year.
Are you in the market for a Luxury Fractional or Private Residence Club (PRC)? Do your homework and ask the following questions to help ensure blissful vacations for years to come.
Natural beauty, amazing resorts and fun activities are in abundance in the Bahamas. This chain of sixteen main islands (and thousands of islets and cays) was named Baja Mar by the Spanish, meaning shallow sea, but the land is actually made up of mountainous plateaus that rise from the depths of the Atlantic.
Banyan Tree Hotels and Resorts entered the destination club market in late 2006. With its many years of boutique resort development under its belt, it launched the Banyan Tree Private Collection. The club has since expanded its focus, branching out from its predominantly Asian emphasis and now offers luxury residences worldwide including Tuscany, Provence and London.
The luxury destination club, LUSSO Collection, has just added two new homes in Jackson Hole, Wyoming. Both homes have direct ski access and are located in the Teton Village area, right at the base of the Jackson Hole Mountain Resort.
The luxury fractional home ownership market has its many benefits: flexibility of travel dates, ability to invite family and friends, limited maintenance responsibilities, and the list continues. But for people looking to add a wide variety of destinations to their repertoire, fractional ownership can fall short of some travelers' lofty expectations.
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