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Abercrombie & Kent Destination Clubs Adds 28 Ultra-Luxury
Residences to Collection; Delivering the Best in Service, Quality
and Availability Continues to be the Focus
SOUTHPORT, Conn.--(BUSINESS WIRE)--March 16, 2005--In its continuing
quest to provide its Members the industry's best and most luxurious
products and service, Abercrombie & Kent Destination Clubs,
the inventor of today's booming Destination Club industry, has added
28 extraordinary homes to its Club inventory and expanded its destination
offerings. The transactions, which increase the collection to 150
residences, took place over six months. The median home price is
valued at $2.8 million.
"We are so pleased to provide our Members several new locations
where they can create unforgettable, one-of-a-kind travel memories,"
says CEO Rob McGrath. "Imagine a romantic honeymoon or anniversary
in the Caribbean, a family reunion at a Telluride home where everyone
learns to ski, then a warm Christmas in Cabo -- all in the same
year.
"Our collection and offerings continue to expand as our membership
grows because we are dedicated to maintaining the Destination Club
industry's lowest Member-to-residence ratio. We guarantee availability
throughout the year, affording our Members the opportunity to travel
whenever and wherever they want."
The company's newest acquisitions available to Members include:
- Six residences in Telluride, Colorado
- Five residences in Charleston Coast, South Carolina
- Five residences in Cabo San Lucas, Mexico
- Three residences in Naples, Florida
- Two residences in Jackson Hole, Wyoming
- Two residences in Scottsdale, Arizona
- Two residences in Maui, Hawaii
- One residence in Virgin Gorda, British Virgin Islands
- One residence in Palm Springs Valley, California
- One residence in Sun Valley, Idaho
In keeping with Abercrombie & Kent Destination Clubs' unwavering
commitment to unmatched, unique vacation experiences, when Members
travel with the Club, they get much more than a vacation home. Each
and every getaway is custom tailored with an unmatched combination
of amenities and services that include a 24-hour, on-call concierge
service, private chefs, professional Retreat Coordinators and Destination
Specialists that assist in arranging the most exclusive excursions
unique in every destination. Members also enjoy other world-class
assets, such as a fleet of charter jets and private boats.
In 1998, Abercrombie & Kent Destination Clubs began what will
soon become a billion-dollar Destination Club industry based on
a luxury travel trend in which personalized attention was coupled
with privacy and choice. This sophisticated and yet surprisingly
simple and convenient product is the innovative alternative to owning
a second or third vacation home. Instead of owning a second home
and being limited to that single resort location, Abercrombie &
Kent Destination Clubs' Members have virtually unlimited 365-days-a-year
access to 150 multimillion-dollar residences in more than 35 world-class
resort destinations. While visiting their private residence, Members
receive the services expected of a five-star hotel from the Clubs'
staff.
Becoming a Member requires a one-time, 100% refundable membership
deposit ranging from $295,000 (for Private Retreats) to $495,000
(for Distinctive Retreats), plus annual dues and daily fees. Among
the many benefits, Members enjoy privileged access to dining clubs,
country clubs and private spas, as well as preferred rates on lift
tickets, greens fees, luxury car rentals, private jets and Abercrombie
& Kent travel adventures.
About Abercrombie & Kent Destinations
Headquartered in Southport, Conn., Abercrombie & Kent Destinations
(www.akdestinations.com) operates four divisions, including Abercrombie
& Kent Destination Clubs, A&K Jets, A&K Concierge Villas
North America and A&K Towne Clubs. As the leader in providing
effortless leisure, social and professional lifestyle management
services, the company satisfies the needs of affluent, active individuals
for whom travel is an essential part of their lifestyle.
As the innovator of the Destination Club industry, Abercrombie &
Kent Destination Clubs is in its seventh year of operations. It
is the only company to offer 365-days-a-year unlimited access to
multimillion-dollar residences in more than 35 destinations, a 100%
refundable membership deposit and worldwide access to Abercrombie
& Kent journeys, cruises and safaris. The Clubs' Proprietary
Capacity Model, a technology developed through years of experience,
virtually assures Members can travel whenever and wherever they
choose.
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