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Luxury Fractional

A Private Residence Club by Another Name

Esperanza - Private Residence ClubA luxury fractional typically describes a luxury home on the fractional ownership model. Also known as private residence clubs, they are built at popular vacation destinations across the world.

The majority of new private residence clubs were developed in the United States last year, although there has been aggressive growth in Mexico and the Caribbean as well. Within the United States, Colorado and California account for 30% of all fractional real estate.

Luxury hospitality companies like the Ritz-Carlton, Four Seasons, Fairmont, and Rosewood have helped ratchet-up the luxury status of private residence clubs, and have further differentiated the product from timeshares.

What Should You Know?

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