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Membership Inquiries: http://www.theportofinoclub.com |
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<!| Membership | |
| Members (as of 1Q06) | 88 |
| Member cap | No cap |
| Growth from LY | 16% |
| Allow designated use? | Yes |
| Waiting list? | Small resignation list |
| Fees | |
| Membership deposit | $195,000 |
| Annual dues (21 days) | $12,500 |
| Daily fee | None |
| Confirmed plan days | Varies by plan |
| Additional day fee | |
| # membership plans | 3 |
| % refundable | 80% (Odyssey 0%) |
| Refund increases with deposit? | No | Resignation ratio | 3:1 |
| Equity membership? | No |
| Real estate investment opportunity? | Yes |
| Destinations | |
| # Destinations | 15 |
| # Homes | 22 |
| # Under construction | 0 |
| Planned | 54 |
| Real Estate | |
| Average asset value | $2.0MM |
| Average size | 3300 sf |
| Configuration | 4 BR |
| Reservations | |
| Member-to-home ratio | 5:1 current (6:1 target) |
| Advanced holiday reservations | Up to 60 plan days |
| Confirmed reservations | 1 |
| Travel restrictions | Sun to Sun (180+ day res) |
| Online reservations | Availability only |
| Travel Services | |
| Travel planning concierge | Yes |
| Destination host | Yes |
| Partners | |
| Private jet services | Referral award program |
| Travel agencies | No |
| Other partners | Local golf, beach, resort, spa |
| Club structure | |
| % Owned vs. leased | Lease in metro & Europe |
| % Deposit used for operations | 20% |
| Annual meeting | Yes |
| Membership advisory committee | 3 committees |
| Management strength | |
| Principals | $15MM capital invested |
| Hospitality experience | Moderate |
| Real estate experience | Founder 20+ years |
| Celebrities | Several pro athletes |
| Year founded | 2002 |
| Total reservations executed | 1842 (as of 1Q06) |



