Exclusive Resorts Introduces The Affiliate Membership
Denver, CO and Washington, D.C. -- Exclusive Resorts, LLC announced today its new Affiliate Membership program designed to make the leading luxury residence club more accessible and more affordable to more people. Created for those with less time to vacation, this new Affiliate Membership features 15 days of usage a year in the Exclusive Resorts portfolio of luxury private residences for about half the cost of the current membership plan. The cost of an Affiliate Membership is a one-time membership deposit of $185,000 (80% refundable upon resignation), plus $9,500 in annual dues. There are limited memberships available at this introductory price.
"The innovative Exclusive Resorts product has been perfect for people with the flexibility or desire to vacation 30 or more days a year. Now, by introducing this Affiliate Membership option, we are also able to economically serve the tremendous number of people who only want to use the club to vacation 15 days a year," stated Donn Davis, Chief Executive Officer of Exclusive Resorts. "This new Affiliate Membership makes our leading luxury residence club experience more accessible and more affordable to more people."
Exclusive Resorts provides its members an unparalleled experience that combines the spaciousness and elegance of a private home with the services, amenities and conveniences of a luxury resort. A membership in Exclusive Resorts eliminates the hassles of vacation home ownership, the limitations of fractional real estate and the inconsistencies of villa rental.
Those taking advantage of this Affiliate Membership will have access to the largest portfolio of multi-million dollar private residences in the segment. Exclusive Resorts currently has open for its members' use more than 170 homes in over 30 destinations throughout the world. In addition, the company plans to open another 140 homes this year, meaning a new home is virtually scheduled to open just about every other day in 2005. The Company is continually acquiring and developing additional properties, thus providing its members with a growing portfolio of luxury residences in an increasing variety of great destinations.
"We continue to focus squarely on member satisfaction, making sure the Exclusive Resorts experience delights our members each and every time," said Brent Handler, President of Exclusive Resorts, and a co-founder of the company. "We are introducing the Affiliate Membership to better serve a large group of people who want all the benefits of Exclusive Resorts, but who can't or choose not to vacation with the club more than two weeks a year. Those becoming an Affiliate Member can upgrade to Full Membership at any time, providing our members with flexibility as their vacation needs change."
About Exclusive Resorts
Exclusive Resorts is the leader in the new consumer segment of luxury residence clubs. Exclusive Resorts offers its members unprecedented access to a portfolio of hundreds of the finest luxury vacation residences in dozens of world's most desirable destinations. With an average value of $2.5 million, each residence combines the spaciousness and elegance of a private home with the services, amenities and conveniences of a five star resort. Membership in Exclusive Resorts eliminates the burdens of owning a second home, the limitations of fractional real estate, and the uncertainties of renting a villa. Members of Exclusive Resorts pay a one-time Membership Fee (which is 80 percent refundable upon resignation) and Annual Dues depending on the usage plan the member elects each year. Full Memberships are currently priced at $375,000 with Annual Dues of $15,000 to $25,000 and Affiliate Memberships are currently priced at $185,000 with Annual Dues of $9,500. Exclusive Resorts! is the partner of choice in the luxury residence club segment, with strategic alliances with leading companies including American Express, Marquis Jet, fleet by NetJets, and Neiman Marcus InCircle Rewards. Exclusive Resorts has received acclaim from prestigious media, including being recognized as the finest luxury residence club by Robb Report in its 16th Annual "Best of the Best" issue. The Company is based in Denver, Colorado and Washington D.C. For more information on Exclusive Resorts membership, please call 800.447.8988 or visit www.ExclusiveResorts.com.
Source: Exclusive Resorts