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The Ritz-Carlton Destination Club Celebrates 10 Years in Luxury Vacationing (United States)

The Ritz-Carlton Destination Club Celebrates 10 Years in Luxury Vacationing (United States)

Category: North America & West Indies / Carribean islands - United States
This is a press release selected by our editorial committee and published online for free on 2009-09-15


Today, The Ritz-Carlton Destination Club, formerly The Ritz-Carlton Club, commemorates its 10th anniversary. Introduced in 1999 as a fractional, second home alternative, this exclusive Club provides Members and their families with a lifetime of luxury vacation experiences and the renowned services of The Ritz-Carlton.

With this milestone, the brand has evolved relaunching as The Ritz-Carlton Destination Club. The new equity-based membership program not only offers the industry-leading fractional ownership interests now known as Home Club Membership, but also deeded real estate, in the points-based Portfolio Membership which affords the opportunity to discover a wide variety of premier luxury destinations and accommodations. Further adding to its achievements in 2009, The Club was named top "Fractional" vacation home purveyor in the world for Robb Report's 21st annual "Best of the Best" issue.

"Our decade-long success is an acknowledgement of the legendary service commitment, as well as the one-to-one relationships we've developed with our Members," said Peter J. Watzka, executive vice president and chief operating officer for The Ritz-Carlton Development Company, Inc. (an affiliate of The Ritz-Carlton Hotel Company). "We continue to surpass Member expectations by creating extraordinary experiences, heightened levels of personal service and new membership options like Portfolio Membership."

The Ritz-Carlton Destination Club Members enjoy vacationing in some of the most sought-after vacation spots. The first two locations announced in 1999 were Aspen Highlands, Colo. and St. Thomas, U.S.V.I., offering Members the best in ski and sun. The brand has since debuted properties in Bachelor Gulch, Colo.; Jupiter, Fla.; San Francisco; and Abaco, The Bahamas, as well as the recent opening of Kapalua Bay in Maui, Hawaii, in May, followed by the opening of Lake Tahoe, Calif. in December. Additionally, The Ritz-Carlton Club, Vail, is set to open in late 2010.

Carol Kadison and her husband, Douglas, have been Members at The Ritz-Carlton Club, Aspen Highlands since 2001. "During the property tour, Douglas blurted out, 'I'll take it.' It was a very spur of the moment decision. But, we enjoy it. . .it feels like we're coming home," commented Kadison.

The Ritz-Carlton Destination Club offers one- to four-bedroom floor plans ranging from approximately 570 - 2,800 square feet. Memberships start in the low $100,000s per interest.



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