DC4MS

Halogen Guides Real Estate has a nice write up about the 8th annual Ragatz Fractional Interest Conference that was held in San Francisco. There is lots of information on Fractional properties and interesting destination club industry data.

Luxury Real Estate Insider: Back from Ragatz With Industry Buzz and a Mixed Take Growth | Helium Report - Luxury 2.0 Guides and Reviews

Here are some Destination Club highlights:

Destination Clubs totaled 21 companies, including 16 non-equity and five equity-based.

Destination Clubs have approximately 6,400 members (up from around 5,000 last year).

Destination Clubs had about $610 million in sales in 2007 (about six percent more than in 2006).

Major Rumor - There will be a major announcement very soon about a large new equity-based destination club with multiple locations (possible merger of existing clubs) with the addition of a famous name partner/investor (or infamous, depending on how you look at it).