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01-19-2008, 11:53 PM
| #1 |
| Junior Member Join Date: Nov 2007
Posts: 26
|  Botany Bay Has anyone heard if Exlusive Resorts is going into Botany Bay on St. Thomas? It's another Timbers development and it looks like ER is in all their other developments but does ER need anymore presence in the Caribbean? Don't they need more destinations on the west coast? |
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01-20-2008, 12:12 AM
| #2 |
| Administrator  Join Date: Oct 2007 Location: USA
Posts: 1,512
Club: DC4MS.com | Re: Botany Bay I don't have an answer, but here is a clue. David Burden is the founder and President of Timbers resorts. The company has 6 developments, which are in diverse locations, and has some more new projects that are yet to be announced. The six current locations are The Rocks in Scottsdale, The Timbers Club in Snowmass, Esperanza in Cabo San Lucas, Castello di Casole in Tuscany , The Preserve at Botany Bay in St Thomas and the latest, One Steamboat Place in Colorado. Timbers has sold homes in each of its developments to various destination clubs. It has the closest relationship with Exclusive Resorts such that Exclusive has bought into each of the Timbers development, buying multiple homes in each location to the tune of about $150m in total. According to SherpaReport: David Burden himself has been a member of Exclusive Resorts for about 2 years. His son worked for Exclusive for a couple of years and in Davids words "twisted his arm" to join. |
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01-20-2008, 12:18 AM
| #3 |
| Super Moderator  Join Date: Nov 2007
Posts: 748
Club: ER, HCC Corporate, DHH Lite, Bud Lite (A few too many) | Re: Botany Bay According to Exclusive Resorts, they have NO intention of going into St. Thomas or Botany Bay. |
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