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Indulge us. While Halogen Guides aims to always present thoughtful analysis on big ticket purchases from destination club memberships and fractional real estate to private jet charters and fractional airplanes, we often come across some of the latest industry gossip. The destination club industry, for one, is set for a series of big announcements. While the companies behind these major news releases aren’t quite ready to have their latest plans made public, we thought we would give you a preview. Call it our Page Six moment.
Which titan of vacation real estate is preparing to dive head first into the destination club market?
What two destination clubs are rumored to be preparing to combine forces?
Which growing destination club is prime to soon announce a major real estate expansion?
Care to wager a guess? Leave a comment below. We’ll be following up on all these brewing stories in the coming days and weeks.
Reader Feedback
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From: The Great CarnackMonday, March, 24, 2008 at 04:44 AM
Which titan of vacation real estate is preparing to dive head first into the destination club market? Marriott via Ritz Carlton platform What two destination clubs are rumored to be preparing to combine forces? Privates Escapes and Ultimate Resorts Which growing destination club is prime to soon announce a major real estate expansion? Exclusive Resorts
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From: Amy GundersonMonday, March, 24, 2008 at 04:58 AM
Yes Ultimate Resorts and Private Escapes are set to form Ultimate Escapes this spring, but there is another destination club merger in the works as well.
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From: IndustryGuyMonday, March, 24, 2008 at 06:05 AM
How about which clubs will not make it, due to tightening credit markets? Dont they all rely on bank financing for the homes?
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From: guessmanMonday, March, 24, 2008 at 08:05 AM
1. Intrawest 2. Crescendo and Bellehavens 3. ?Lusso, ?Quintess, ?ER
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From: Amy GundersonMonday, March, 24, 2008 at 08:58 AM
Good question, IndustryGuy. We're taking a closer look at financing in general among destination clubs and fractional properties. The biggest clubs are reporting that their mortgage financing is sound. But clearly a new club without established lines of financing may have a tough challenge ahead. Also worth noting, as the real estate market softens you'll see clubs making more calculated bets on where they will buy.
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From: FredWednesday, March, 26, 2008 at 04:21 AM
Seriously? I count on Helium to publish news & even gossip. Not hold it back until they get "permission." Thisis too coy and too cozy. Are you independent reporting or a PR outfit?
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From: Amy GundersonWednesday, March, 26, 2008 at 04:32 AM
Thanks for your post Fred. Halogen Guides, formerly Helium Report, absolutely employs independent reporting. In fact, we pride ourselves in offering readers objective analysis on such big announcements. That said, a big news story often begins with a bit of buzz. Before we write about such a story we prefer to get the folks behind the announcement on the record for comment. There is no "permission" involved, as you implied. We were having a bit of fun with this post Fred. Let us indulge in a bit of light hearted musing on some big industry news.
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From: MickeyMonday, March, 24, 2008 at 03:23 AM
I suspect Disney Vacations will create a destination club. Great for families. Theyr'e already in timeshares.