Banyan Tree Private Collection Launches First Asia Destination Club
SINGAPORE, November 15, 2006. Banyan Tree Private Collection today announces the launch of the first asset-backed destination club in Asia offering perpetual and transferable membership.
Targeting discerning individuals, membership is attractively priced at a one-time joining fee of US$120,000 with annual dues of US$3,000. The annual cost, over a conservative period of 50 years, is just a fraction of a seven-day stay in any Banyan Tree Resort. The club boasts one of the most attractive annual fees in the destination club industry and offers distinctive brand experiences at exotic destinations in Asia, Europe and the U.S. The club has acquired villas in Tuscany, Italy and Provence, France and a serviced residence in London, United Kingdom as part of its portfolio expansion.
Members are able to enjoy the indulgence of a second home without the expense of owning a property. Banyan Tree Private Collection members enjoy true asset-protection as the club's properties around the globe are safeguarded by an independent company, with shares held by trustee shareholders.
Banyan Tree Private Collection's portfolio is rapidly expanding. They will soon have a portfolio of more than 20 destinations, including 14 destinations currently under development in Barbados; Bali, Indonesia; Marrakech, Morocco; Punta Diamante and Mayakoba, Mexico; Kerala, India and Pilos, Greece.
Presently, Banyan Tree Private Collection comprises a selection of premium two-bedroom villas in Banyan Tree resorts located in Phuket, Thailand; Seychelles; Bintan, Indonesia; Maldives; Shangri-La and Lijiang in China. The club intends to acquire more villas in Europe, the U.S., Australia, Asia and serviced residences in gateway cities.
Banyan Tree Private Collection's unique value lies in its complementary product offerings, ranging from resorts, spas, serviced residences and galleries to golf courses that allow the club to deliver multi-faceted, destination-specific experience and hospitality services. For those who desire tailor-made holidays, the club offers an `a la carte menu of destination-specific experiences that can be prepaid. Exclusive travel experiences range from gourmet dinner on the rocks and spiritual temple treks, to diving with marine researchers.
Banyan Tree Private Collection members receive perpetuity of special privileges at Banyan Tree's award-winning villas and spas, complete with impeccable service standards, amenities and facilities. Club members are entitled to seven days equivalent of villa use annually * and hassle-free travel with dedicated membership services and resort hosts, providing holiday planning services.
More information on Banyan Tree Private Collection may be found online at www.btprivatecollection.com. Membership inquiries may be directed to [email protected].
*Entitlement may vary according to villa type.
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