The luxury residence club concept was born at prestigious Deer Valley Resort in Park City, Utah in 1991. Deer Valley Resort is acknowledged as one of the premier ski destinations in the world and real estate prices there reflect that stature. In the late 1980's, Deer Valley vacation homes ranged in price from $500,000 to $6,000,000, but owners would only occupy those residences four to six weeks a year. Consequently, the cost of ownership compared to use was extraordinarily high. Deer Valley skiers embraced the Deer Valley Club which combined shared luxury resort home ownership with the services and amenities of a fine hotel. The ski-in, ski-out location, luxurious townhome residences, extensive amenities, comprehensive services, and attractive pricing filled a niche among high-income skiers. Owners were extremely satisfied with their real estate purchase and superior vacation experience. Additionally, membership re-sales demonstrated appreciation. The success of the Deer Valley Club led to the creation of a whole new category of vacation ownership. The concept has now expanded beyond real estate with shared ownership of private jets (NetJets), yachts and even automobiles like Ferrari and Lamborghini. As time continues to become increasingly valuable residence clubs like The Reefs Club should continue to grow in popularity. Owners enjoy extensive use of a luxury vacation retreat and a host of amenities while paying only a fraction of the cost and avoiding all the maintenance hassle of full ownership.
|
.
About us
|
||||||||||||||||||||||||
 |
|||||||||||||||||||||||||
|
|||||||||||||||||||||||||
