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Why is being a member of a STARZ resorts a better alternative than being a member of a destination club?

April 26, 2017alternative club destination resorts Starz

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Why is being a member of a STARZ resorts a better alternative than being a member of a destination club?

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Deeded ownership. Non equity destination clubs do not provide real estate ownership but provide their members with use of their portfolio and some pre determined payback on the member’s deposit. This makes the redemption of each member’s deposit dependent on the financial stability of the developer and the success of the underlying business model. Given the recent turmoil in the destination club business, this can be a very risky proposition. Equity destination clubs may provide for greater security but still lack the transparency of deeded ownership. With STARZ, we provide each owner with deeded real estate ownership, which is the safest, simplest and most transparent option in the market today. Each fractional owner can sell, will or transfer their fractional just like they would any other piece of real estate. With STARZ, it’s really that simple.