"My view on fractional ownership: a growth business. The upper middle class has hunger for a taste of the most affluent life. They detest low asset utilization - fractional is fun."
Michael J. Silverstein , The Boston Consulting Group
"Fractional ownership is quickly becoming a mainstream way of living and is emerging as one of this decade’s major paradigms in consumer behavior."
Daniel Nissanoff, author Futureshop.
Fractional Ownership News
Walt Disney Residence Club
Walt Disney World Co. has finalised the sale of 298 acres of land to Four Seasons Hotels and Resorts for a hotel and golf course that will form part of a new luxury resort announced last year as part of an expansion of Walt Disney World Resort.
Located alongside Walt Disney World, the resort will include a 445-room Four Seasons hotel and a Residence Club alongside an 18-hole championship golf course, as well as custom single- and multi-family vacation homes.
This development further demonstrates the march of fractional ownership into the mainstream consumer consciousness.
The development was first announced back in March 2007, and the project’s initial site preparation work is already underway with actual building construction expected to begin early in 2009 with opening date pegged as sometime in 2012.
25/08/08
Elite Destination Homes
The closest thing to owning your own home - private co-ownership.
Elite Destination Homes creates small, private partnerships to own extraordinary fractional homes in some of the world's most desirable and exclusive destinations. The Elite approach is a personal and intimate alternative to residence clubs, traditional fractional ownership, and other forms of shared "ownership."
The small size of our ownership groups, typically two to five partners, creates the intimate feeling that it really is your home. We select homes in settings that are otherwise inaccessible to shared ownership. Owning deepens the relationship with a favorite destination.
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Botiga
Botiga is Europe’s latest and most exclusive private retreats club. One of the new breed of equity clubs, offering the finest and highest value properties of all the European clubs. Large bespoke villas to smart city apartments and lodges, Botiga’s retreats will be in stunning locations worldwide. Each resident manager runs a full complement of staff offering personalised service at its highest level. A few Founder Memberships remain, providing members with a discounted share subscription and 2 dues-free years. Botiga are set to be ‘the definitive private retreats club’.
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