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Membership Inquiries: http://www.quintess.com |
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<!| Membership | |
| Members (as of 3Q06) | Over 240 |
| Member cap | 800 full memberships |
| Growth from LY | N/A; Merger on 8/31/06 |
| Allow designated use? | Immediate family; group plans available |
| Waiting list? | No |
| Fees | |
| Membership deposit (highest) | $575,000 |
| Annual dues (highest) | $36,000 |
| Daily fee | None |
| Confirmed plan days | 15, 30, and 45 |
| Additional day fee | $500-$1,000 depending on plan |
| # membership plans | 8 |
| % refundable | 80% (100% first year) |
| Refund increases with deposit? | Yes (after 2nd year for Charter) | Resignation ratio | 3:1 (until full) |
| Equity membership? | No |
| Real estate investment opportunity? | No |
| Destinations | |
| # Destinations | 24 |
| # Homes | 38 |
| # Under construction | 8 |
| Planned | 125 |
| Real Estate | |
| Average asset value | Nearly $4.0 million |
| Average size | Over 4,000 sf (resort); 2,000 sf (city) |
| Configuration | 4-5 BR (resort); 2-3 BR (city) |
| Reservations | |
| Member-to-home ratio | 7:1 (30 plan nights/member) |
| Advanced holiday reservations | 365-181 days prior to arrival |
| Confirmed reservations | 180-1 days prior to arrival |
| Travel restrictions | 14 day confirmed plus 7 space available |
| Online reservations | Yes |
| Travel Services | |
| Travel planning concierge | OnQ Concierge |
| Destination host | Yes |
| Partners | |
| Private jet services | In development |
| Travel agencies | OnQ Travel Planning & Concierge |
| Other partners | Duxiana, Ladco, RSI Tech, Dom Perignon |
| Club structure | |
| % Owned vs. leased | More than 80% owned |
| % Deposit used for operations | Less than 20% |
| Annual meeting | No |
| Membership advisory committee | Yes |
| Management strength | |
| Principals | 50 years in private equities and technology |
| Hospitality experience | 100+ years in luxury operations |
| Real estate experience | 40+ years of resort real estat mgmt. |
| Celebrities | Confidential |
| Year founded | 2004 |
| Total reservations executed | Over 3,000 |
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