With the growing economy the equity destination club has taken on new staff to start to expand again and is adding new members.
The company, owned by aircraft manufacturer Cessna, has stopped selling fractional aircraft and is focusing on its other jet card and jet management programs.
The company recently launched Europe's first direct financing product for the fractional aircraft industry. This follows the successful launch of financing in the USA, which the company started in 2010.
Read more: NetJets Europe Offers Financing for Fractional Shares
This new addition means shareholders will now have the use of apartments located in Paris, Barcelona, Florence and Prague. The Prague apartment is currently being refurbished and furnished and will be available to Rocksure shareholders from May.
Peter Kuhn is a huge fan of the fractional business model. Having purchased shares in various other clubs, he enjoyed the luxurious homes, first-class amenities, the exceptional level of service, and other accouterments that go along with this lifestyle. When an opportunity to venture into the business side of this type of arrangement became available, he decided to make a go of it.
Is fractional aircraft ownership right for you? Or would a jet-card program, a block-charter card program, on-demand charter or maybe even whole aircraft ownership better suit your needs?
It's not often that we indulge in a pure lifestyle piece on SherpaReport but the article below really struck a chord on several levels. It's written by someone who has true insight in to the lives of the ultra wealthy – his company is a legal and consulting firm that helps the country's wealthiest families and their family offices. So take a few moments, and read on.
The National Association of Realtors (NAR) just reported that sales of vacation homes in the US rose 7.0 percent to 502,000 in 2011 from 469,000 in 2010. This is certainly an encouraging sign after falls in prior years and reinforces the trend seen in fractionals, where overall 2011 sales were up 4%.
Each year the destination club designs a custom collection of "Once in a Lifetime" experiences. Their goal with these trips is turning "we've always wanted to" dreams into a lifetime of memories.
Read more: The 2013 Once in a Lifetime Tours From Exclusive Resorts
The new program from XOJET is targeted as an alternative to fractional jet ownership and jet card programs. XOJET Elite Access offers program members guaranteed access to the XOJET fleet of Citation X and Challenger 300 jets, with as little as 12 hours notice.
Read more: XOJET Elite Access Offers Fixed Price Guaranteed Access
The equity destination club is planning to close to new investors at the start of May. Anyone who wants to join after this date will have to wait until a current member investor is ready to leave.
Read more: Equity Estates Announces Sell Out of Fund I by May 1, 2012
The annual North America survey by Ragatz Associates showed a slight increase of 4% across all shared property types, including fractionals, private residence clubs and destination clubs.
In expanding its Quintess Beyond program, the destination club has added some new and interesting locations for its members. All three of these locations are firsts for the destination club sector.
Read more: Quintess Adds Nantucket, Fire Island and Buenos Aires
Avantair has been a huge fan of the Piaggio Avanti P180 aircraft since it began. In fact, the Clearwater, Fla.-based, private aviation firm has exclusively provided this aircraft since the company's inception in 2003. And with its current results it appears that Avantair has picked a winner.
Though it offers adventure and romance year round, Paris is definitely at its best during the Spring. In anticipation of Paris in full bloom, the SherpaReport asked concierge hosts from several destination clubs to provide some insights regarding a few lesser known places, which are very much worth visiting.
Page 5 of 39
SherpaReport Newsletter
Featured Destination Club Homes
Featured Residence Clubs
Member Reviews
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Tuscany Made Easy Barbara Bruni, our Destination Concierge, was very attentive during the planning phase of our trip as well as while we were in Tuscany. She went the extra mile to ensure we had an excellent stay and was...Read More... -
Tween Heaven in New YorkNew York was wonderful! The One Direction concert was great, and the girls were in tween heaven. It really was pretty good, and I sufficiently embarrassed my kids by dancing, too. So a good time was had...Read More...
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Perfection in ProvenceI wanted to let you know what a tremendous experience we recently had staying at Chateau Rosine in Provence, France.Read More...
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Going Above and Beyond in Abaco & TuscanyAbaco was a very different trip than we have taken in the past. My college buddies and I usually go to a place that is closer to a city ... something that offers golf and some nightlife.Read More...
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M Private Member ReviewWilf Gobert, who's been a member at destination club M Private Residences talks about why he joined and his experiences to date in travelling with the club.Read More...
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