One of the first clubs to blend the destination club experience with an equity structure, BelleHavens would quickly establish the benefits of their membership model as a leading non-equity club and destination club pioneer Tanner & Haley filed for bankruptcy.
"As we have assessed the market and the various offerings, we believe there is a significant opportunity to create a destination club that provides the best of what other clubs do, while addressing some of the key deficiencies," wrote Founder Darin Gilson. "Such deficiencies include offering equity memberships; lower up front membership fees and flexible membership options; properties that are located both regionally, nationally and internationally, to allow a good mix of both drive-to and fly-to destinations; and a club that if required, can comply with timeshare regulation to offer the ultimate protection to its members."
The small Utah based club would emerge as a market leader and would be acquired shortly after Crescendo Residences to form the foundation for the Abercrombie & Kent Residence Club.
"BelleHavens and Crescendo, two leading equity destination clubs known for their portfolios of outstanding properties, have recently been acquired by the Abercrombie & Kent Residence Club," the club wrote when introducing the new venture. "These acquisitions make the Abercrombie & Kent Residence Club the world’s largest equity destination club and the sixth largest destination club. Abercrombie & Kent was able to execute these acquisitions with the support of private equity funds managed by affiliates of Fortress Investment Group, LLC."
Instantly a leading destination club upon launch, the new Abercrombie & Kent Residence Club would adopt many of the club structures created by BelleHavens.
Due to their club structure, few documents pertaining to club membership were publicly disclosed.
If you would like to learn more about BelleHavens, please access the club's quick links found to the right. If you are a former member or would like to contribute any thoughts or information you have about the club, please feel free to contact us at email@example.com.