Destination Club News Recap: November 2010
For the past several months, news within the destination club industry has been dominated by the negative, punctuated by the bankruptcy of Ultimate Escapes. Maybe it is the Christmas spirit, but November proved to be a much better month for the luxury travel sector, highlighted by multiple incentives, new property announcements, and success stories.
The fallout of Ultimate Escapes bankruptcy again remained the focal point for many, as multiple clubs introduced new offers and incentives for castoff Ultimate Escapes members. Demeure, the club that was selected the winning bidder for Ultimate Escapes, continued to reach out to former members about their unique model, built around members contributing their own properties to the portfolio. As the month came to an end, Demeure announced that they closed on the acquisition of select assets from Ultimate Escapes and will continue to work with Ultimate Escapes members transitioning to the club.
Below, please find the other highlights from the month of November, including Exclusive Resorts giving a $10,000 gift card to new members, the Ritz-Carlton Destination Club providing new members with seven free night of travel, DUO by Quintess opening up properties in the Tour Club to members, Equity Estates adding new residences in Snowmass and Anguilla with more coming soon, and Quintess disclosed that they had enjoyed their best sales month in over two years.
- Ritz-Carlton Destination Club Gives Members Seven Free Nights of Travel
- DUO Members Given Access To Tour Club Residences
- Exclusive Resorts Kids Take Manhattan Review
- Demeure Continues Outreach To Every Ultimate Escapes Member
- Demeure Extends Transition Deadline To November 19, 2010
- Exclusive Resorts Gives New Members $10,000 Gift Card For Additional Services
- Equity Estates Donates Stay In New Anguilla Residence
- Luxus Looks To Contact Canadian Ultimate Escapes Members
- Demeure Secures Membership Funds In Escrow
- DUO and Abercrombie & Kent Residence Club Host Webinars
- Demeure Acquisition of Ultimate Escapes Finalized
- Demeure Sets Timeline of Upcoming Events
- Quintess Posts Successful Sales Month in October
- Equity Estates Adds Two New Residences in Snowmass and Anguilla
- Demeure Closes On Select Assets From Ultimate Escapes Estate
- Boundless Journeys Club Positions Themselves As Club For Destination Club Refugees
December starts off with a bang as the deadline for Ultimate Escapes members transitioning to Demeure takes place this week. Many of the incentives and promotions introduced by the industry's leading players also conclude this month, indicating that many clubs might see an uptick in sales to close the year.