Blog Entries

BERMUDA’S REEFS CLUB OWNERS TO RECEIVE EXCLUSIVE GOLF PRIVILEGES

info@fraxfinder.com — Wed, 09 Jun 2010 08:00:00 +0100

Port Royal Golf Course Now Offers Membership to Owners

SOUTHAMPTON, BERMUDA – The Reefs Club, Bermuda’s new private residence club, has been welcoming its owners since July 2009. Given that the island boasts the world’s most golf courses per square mile, many of these owners are avid golfers. And now they are being offered special annual memberships to the nearby Port Royal Golf Course. As Port Royal members, Reefs Club owners may also participate i [...]

LuxuryRealEstate.com Acquires The Society of Leisure Enthusiasts

info@fraxfinder.com — Thu, 03 Jun 2010 08:00:00 +0100

LuxuryRealEstate.com Acquires Luxury Villa Company
Online Real Estate Website Expands Business to Include the Finest Vacation Rentals and Villas

SEATTLE, June 3, 2010 – LuxuryRealEstate.com, the most viewed luxury real estate website in the world, announced today it has acquired The Society of Leisure Enthusiasts (“The Society”), an online marketing solutions company focused in the luxury vacation rental industry.� [...]

Ultimate Escapes Reports First Quarter 2010 Results

info@fraxfinder.com — Thu, 13 May 2010 08:00:00 +0100

ORLANDO, Fla., May 13, 2010 (BUSINESS WIRE) -- Ultimate Escapes, Inc. (OTCBB: ULEI and ULEI-W) (the "Company"), one of the world's largest luxury destination clubs, today announced its 2010 first quarter financial results. For the first quarter of 2010, the Company reported net loss of $6.5 million, compared to a net loss of $1.2 million in the prior-year quarter. The increase in net loss was principally driven by a decrease in revenue due to a one-time [...]

Abercrombie & Kent Residence Club Adds 22 European Villas

chris@globalmercado.com — Thu, 06 May 2010 08:00:00 +0100

Abercrombie & Kent Resident Club Adds 22 European Villas to Travel Credit Program

DOWNERS GROVE, IL – May 5, 2010 … Due to increasing interest and demand from members for family-friendly European travel, the Abercrombie & Kent Residence Club has added 22 European villas across Tuscany, Provence and Cote d’Azur to its Travel Credit Program. These extraordinary properties, in the most-requested destinations in Italy and France, are particularly well suited to multi-gen [...]

THE RESIDENCE CLUB AT EL CORAZON DE SANTA FE ADDS TO POPULAR PARTNERSHIP PROGRAM

chris@globalmercado.com — Tue, 27 Apr 2010 08:00:00 +0100

FOR IMMEDIATE RELEASE

April 27, 2010 Club Owners Enjoy Special Privileges at High-Caliber Santa Fe Merchants [SANTA FE, NM] The Residence Club at El Corazon de Santa Fe continues to enhance its popular partnership program with some of Santa Fe’s best restaurants, golf courses, art galleries, and spas. These partners offer attractive discounts to owners of Santa Fe’s only downtown, fractional ownership property. New partners include Mark White Gallery, Galisteo Bistro, and Vi [...]

NEW RESIDENCES AT THE CRANE BRING HISTORY HOME

info@fraxfinder.com — Fri, 09 Apr 2010 08:00:00 +0100

Inspired by the original hotel built in 1887, Residences in the Park are now available

St. Philip, Barbados (April 2010) – The Crane Residential Resort, the Caribbean’s first luxury resort hotel, has recently unveiled the newest phase of its resort development: Residences in the Park. As the market for vacation ownership regains its strength, many second-home buyers are seeking vacation properties with attractive price points and maximu [...]

RCI TO LEAD THE DEBATE AT UPCOMING 2010 ARABIAN HOTEL INVESTMENT CONFERENCE (AHIC)

info@fraxfinder.com — Wed, 07 Apr 2010 08:00:00 +0100

RCI to co-host Shared Ownership Summit at the Middle East’s leading hotel investment event

DUBAI, UAE – [April 7, 2010] – RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of brands (NYSE: WYN), will partner with Middle East Economic Digest (MEED) and Bench Events, organizers of AHIC, to host industry leaders at the 2010 Middle East Shared Ownership Summit.

The Shared Ownership Summit is part of the three-day AHIC programme which will ta [...]

Savings on Equity Membership in the Abercrombie & Kent Resident Club

chris@globalmercado.com — Thu, 25 Mar 2010 08:00:00 +0100

Extended to June 30, 2010

DOWNERS GROVE, IL – March 25, 2010 … In response to increasing interest from prospects who recognize that the Abercrombie & Kent Residence Club is a smart alternative to owning a second home, the Club is extending its limited-time pricing on equity memberships through June 30, 2010. Membership in the Abercrombie & Kent Residence Club combines the benefits of owning a second home with the flexibility to travel to a [...]

LATIN AMERICAN VACATION OWNERSHIP INDUSTRY: POSITIVE SIGNS IN DIFFICULT TIMES

info@fraxfinder.com — Fri, 19 Mar 2010 06:07:39 +0100

Mexico City – (March 18, 2010) – With Brazil and Venezuela recording double-digit growth in interval sales in 2009 mainly due to their sales in the domestic market, Latin America showed signs of strength and continued to attract new players to its vacation ownership industry.

According to RCI’s “Executive Summary” of the Latin American and Caribbean Vacation Ownership Fact Book, 61 new vacation resorts joined th [...]

IFA Hotels & Resorts Launches Two New Products in Laguna Tower

info@fraxfinder.com — Thu, 18 Feb 2010 08:00:00 +0100

Loft Apartments and Private Residence Club Complete Tower's Mixed-Use Offering

Dubai: IFA Hotels & Resorts (IFA HR) today announced the launch of furnished, freehold loft and duplex apartments and the addition of a luxurious Private Residence Club to its Laguna Tower in Du [...]

ULTIMATE ESCAPES APPOINTS CHIEF SALES AND MARKETING OFFICER

info@fraxfinder.com — Thu, 04 Feb 2010 08:00:00 +0100

Leading Destination Club Expands Senior Management Team, Hires Ted Curtis as Chief Sales and Marketing Officer

ORLANDO – (February 4, 2010) – Ultimate Escapes, Inc. (NYSE Amex: UEI and UEI-WT), one of the world’s largest luxury destination clubs, announced today the
appointment of Ted Curtis as chief sales and marketing officer, reporting directly to President and CEO, Jim Tousignant. Mr. Curtis will be responsible for leading the company’s worldwide branding as wel [...]

ENDLESS VACATION RENTALS® BY WYNDHAM WORLDWIDE OFFERS DISCOUNT VACATIONS TO MILITARY FAMILIES ...

info@fraxfinder.com — Thu, 28 Jan 2010 08:00:00 +0100

Enhanced Armed Forces Vacation Club website makes it simple and enjoyable for military families to select and book their vacation online

Parsippany, NJ - (January 28, 2010) Endless Vacation Rentals (EVR), one of the Wyndham Worldwide family of brands (NYSE: WYN), today announced the launch of a new Armed Forces Vacation Club website that allows military families and government employees to easily search for and book discount vacati [...]

Abercrombie & Kent Residence Club Introduces New Boutique Hotel Options in Europe

info@fraxfinder.com — Sat, 23 Jan 2010 08:34:29 +0100

Members may now exchange nights for stays at hotels in London, Paris, and Rome

The Abercrombie & Kent Residence Club, the largest equity-based destination club in the United States, has introduced new European boutique hotel options for members traveling to London, Paris, and Rome. “We are committed to growing the Abercrombie & Kent Residence Club by providing luxury vacation experiences in some of the world’s most exciti [...]

ULTIMATE ESCAPES ADDS NEW DESTINATION IN FLORENCE, ITALY

info@fraxfinder.com — Tue, 12 Jan 2010 08:00:00 +0100

New Elite Property within the Lungarno Suites Features Views of the Ponte Vecchio, Further Expands Club’s Portfolio of Luxury Destinations

ORLANDO – (January 12, 2009) – Ultimate Escapes, Inc. (NYSE Amex: UEI and UEI-WT), one of the world’s largest destination clubs, today announced the addition of a new Elite Club residence within the Lungarno Suites in Florence, Italy. Featuring view [...]

Fractional Summit USA Announced for August in Miami

info@fraxfinder.com — Thu, 07 Jan 2010 08:00:00 +0100

New Fractional Ownership Real Estate Conference Announced: ‘Fractional Summit USA’ to be held at InterContinental Hotel, Miami, August 31st - September 1st 2010.

Global fractional ownership brand and fractional real estate conference organiser, Fractional Life is delighted to announce the launch of Fractional Summit USA, to be held at the prestigious InterContinental Hotel, Miami, August 31st - September 1st 2010.

As the real estate industry adjusts t [...]

THE RITZ-CARLTON DESTINATION CLUB OPENS IN NORTH LAKE TAHOE

chris@globalmercado.com — Fri, 18 Dec 2009 08:00:00 +0100

Press Release
TRUCKEE, Calif. – December 18, 2009 – The Ritz-Carlton Destination Club is proud to announce the opening of its newest property, The Ritz-Carlton Club, Lake Tahoe. Starting today, the Ladies and Gentlemen of The Ritz-Carlton are welcoming Members to this ski-in/ski-out mountain retreat.

“The Ritz-Carlton Club, Lake Tahoe is the third in a preeminent collection of mountain properties,” said Peter J. Watzka, executive vice president and chief op [...]

Liberty Bank, Wellington Financial, Lending $10 Million to Smugglers’ Notch Resort

chris@globalmercado.com — Thu, 17 Dec 2009 08:00:00 +0100

Wellington Financial Reveals Details About Liberty Bank’s Loan to Vermont Timeshare Resort DeveloperLiberty Bank, Wellington Financial, Lending $10 Million to Smugglers’ Notch Resort Charlottesville, VA – December 2009 – Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, is pleased to announce the bank has closed a $10 million receivables hypothecation facility with Smugglers’ Notch (www.smuggs.com) in Vermont.

“The facility will be used [...]

ULTIMATE ESCAPES SIGNS RECIPROCITY AGREEMENT WITH VILLA CASTELLAMONTE

chris@globalmercado.com — Thu, 17 Dec 2009 08:00:00 +0100

Members Offered Access to Dominican Republic's Most Beautiful, Private Beachfront Villa

ORLANDO – (December 17, 2009) – Ultimate Escapes, one of the world’s largest destination clubs, has finalized a reciprocity partnership agreement with Villa Castellamonte del Mare, an exclusive five-star ultra-luxury villa in the Dominican Republic. Through this strategic partnership, Ultimate Escapes members will have exclusive reciprocity access to this magnificent 15,000 sq. ft., fu [...]

Catatoga Releases Legacy Park Townhomes Near Lake Toxaway, North Carolina

chris@globalmercado.com — Thu, 17 Dec 2009 08:00:00 +0100

Lake Toxaway, North Carolina – December 17, 2009. Catatoga has just released plans for its Legacy Park Townhomes. Located in a 308-acre resort community near Lake Toxaway, townhome ownership comes with access to all of the amenities this gated community has to offer, including fishing privileges on two miles of private trout stream and 22-acre Lake Catatoga.

The three customizable townhome plans now available include the Light Cahill, Quill Gordon, and Royal Coachman. Available [...]

Ultimate Escapes Receives Delisting Notification from NYSE Amex

info@fraxfinder.com — Fri, 11 Dec 2009 08:00:00 +0100

Business Wire
ORLANDO, Fla.--(BUSINESS WIRE)-- Ultimate Escapes, Inc. (NYSE Amex: UEI and UEI.WT) ("Ultimate Escapes" or the "Company") announced that on December 7, 2009, it received notification from NYSE Amex LLC indicating that NYSE Amex intends to file a delisting application with the Securities and Exchange Commission ("SEC") to remove the Company's units, warrants and common stock from listing and registration on NYSE Amex due to the Company's failure to satisfy one or more of the NY [...]