DC4MS

The Luxury reporter interviewed Mark Smith, the Managing Director of The Hideaways Club.

Luxury Reporter » An interview with The Hideaways Club MD

The first investment is sold as the A share and costs as a one off payment £200,000 and then has an annual fee of £12,000 per year for 100 points which can be exchanged for time at any of the properties and at any time during the year. We have a points calendar and depending when the member takes their holiday these points offer between 4 and 6 weeks property use of any Villa or ski chalet. Members can purchase more points if they wish.

The second investment is a C share which costs a one off payment of £133,000 and an annual fee of £8400 and gives 70 points. Points cannot be used during peak periods and this share is directed at those people who do not have school age children and prefer to take their holidays during the quieter months. We have only just introduced the C share.