Questions? » Contact An Analyst or M-F 9am -5pm PST Call 1-888-588-6451
You are viewing an article from the Destination Clubs category.
<!-logo and address->
- profile data->
Membership Inquiries:
http://www.dcr.com
Click here to request more information
<!| Membership | |
| Members (as of 1Q06) | 76 |
| Member cap | 400 |
| Growth from LY | 800% |
| Allow designated use? | Corporate available |
| Waiting list? | No |
| Fees | |
| Membership deposit (highest) | $325,000 |
| Annual dues (highest) | $18,500 |
| Daily fee | None |
| Confirmed plan days | Varies |
| Additional day fee | $500 |
| # membership plans | 4 |
| % refundable | 80% |
| Refund increases with deposit? | No | Resignation ratio | 4:1 |
| Equity membership? | No |
| Real estate investment opportunity? | No |
| Destinations | |
| # Destinations | 20 |
| # Homes | 22 |
| # Under construction | 2 |
| Planned | 50 to 60 |
| Real Estate | |
| Average asset value | $3.25MM |
| Average size | 5000+ sf |
| Configuration | 4 BR |
| Reservations | |
| Member-to-home ratio | 4:1 today; 6:1 planned; 8:1 max |
| Advanced holiday reservations | 1 via lottery; any 12 months out |
| Confirmed reservations | 50% one year out; 50% 6 months out |
| Travel restrictions | 3 to 14 nights |
| Online reservations | Yes |
| Travel Services | |
| Travel planning concierge | Yes |
| Destination host | Yes |
| Partners | |
| Private jet services | In development |
| Travel agencies | Polk Travel |
| Other partners | Sony, Dom Perignon, New England Patriots |
| Club structure | |
| % Owned vs. leased | 36% |
| % Deposit used for operations | 0% |
| Annual meeting | Yes |
| Membership advisory committee | No |
| Management strength | |
| Principals | 50+ years on Wall Street and private equities |
| Hospitality experience | 105+ years including Hotel Del Coronado |
| Real estate experience | 30+ years of resort real estate mgmt |
| Celebrities | Confidential |
| Year founded | 2004 |
| Total reservations executed | 422 (as of 1Q06) |
Reader Feedback
No comments
Free Decision Guide
Written by industry analysts.
Get the Guide Destination ClubsAdvertisement
Decision Tools
More From Halogen Guides
Travel
Real Estate Spotlight - Advertisement
