There are two main forms of Private Residence Clubs, equity and non-equity based.
The choice between an equity and non-equity based PRC will depend on which model is best suited to your business and will match your company’s goals, the demographics of your target market and the location in which you want to work.
In most cases, an annual maintenances fee, are acceded and the consumers acquire multiple weeks or fractions in either a single luxury membership resort or in a portfolio of luxury private residences often in prime or unique locations, with access to exchanging under the same club chain wherever possible. Enhanced club services such as private concierges, maid and butler services are often included.
Global Federal Trust services are ideally suited to facilitate Private Residence or Destination Club products and provide both developers and consumers with a wide range of benefits.