3DH

Great article on the DCA's Net Asset Test -- and which DC's pass with flying colors -- on the Halogen Guide site here.

Thanks to Halogen Guide for compiling this information!

Snippit from the article:

The formation of the Destination Club Association in 2006, which counts Exclusive Resorts, Ultimate Escapes, High Country Club, Solstice, the Lusso Collection, Quintess, LRW and Abercrombie and Kent Residence Club among its members, was meant to bring a greater level of accountability and transparency to the industry.
...
Nevertheless, most destination clubs target a number that exceeds that required by the DCA. Exclusive Resorts holds assets which exceed 100 percent of the refundable portion of member deposits. Quintess, Lusso Collection, and High Country Club top that measure as well. Abercrombie & Kent Residence Club president Jarvis J. Slade, Jr. noted that his new club will easily surpass the net asset test because all home are owned debt-free. Of course, that assumes that those homes don’t decline in value.

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"Boutique" is better! Another extremely satisfied LUSSO member!