Fractional Ownership News
AOL co-founder Case becomes chairman of destination club Exclusive Resorts
AOL co-founder Steve Case has become chairman of destination club Exclusive Resorts, increasing his personal involvement in the club’s strategic planning. Case has served on the company’s board since first investing in Exclusive Resorts in 2003. He acquired majority ownership in 2004.
Case is also leading a $20 million round of new equity financing to further strengthen Exclusive Resorts’ financial position. “I’ve increased my commitment to Exclusive Resorts because I believe in the company’s tremendous growth potential,” Case. “The experiences we provide our members are one-of-a-kind, combining the best resort destinations throughout the world with luxurious residences, exceptional personalized service, and a dynamic club community. With more and more families focused on making the most of their time together, they are sure to recognize what our members have discovered – Exclusive Resorts is simply a better way to vacation.”
Case recently gave an interview to CNBC about the his confidence in the future of Exclusive Resorts and the destination club market.
www.exclusiveresorts.com
05/02/10
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Surrounded by rolling hills, winding rivers and peaceful lakes, Arcos Gardens is nestled in a typical Andalucian landscape, just 20 minutes from the vibrant city of Jerez de la Frontera. The luxury four bedroom villas overlooking the 17th hole of one of Europe’s finest golf courses are being offered in one eighth shares, allowing for 6 weeks ownership per year. Fitted to an extremely high standard, each villa comes with a large private swimming pool, Jacuzzi, state-of-the-art kitchens and a Bang & Olufsen sound system. In addition, Golf Membership is included as is membership to the Registry Collection, which offers owners the luxury of changing some of their usage weeks for other luxury resorts around the world.
