LUSSO Collection Membership Pricing
Launched officially in June of 2006, The LUSSO Collection offered just one membership plan for all but approximately five months of their time within the destination club sector. Joining their LUSSO Unlimited Membership, the club would add LUSSO 21 in July of 2008. Unfortunately, the destination club would file for Chapter 11 bankruptcy in December of that same year and eventually transition to Chapter 7 early in 2009.
Please learn more about the two membership offerings below.
LUSSO Unlimited Membership
The membership plan initially offered to members and the most popular offering within the club, LUSSO Unlimited provided members unlimited annual usage of the club's properties, subject to the club's rules and regulations and availability.
When the club was forced into bankruptcy in December of 2008, LUSSO Unlimited Membership were available for a fully refundable membership deposit of $425,000. When the club officially launched in June of 2006, the LUSSO Unlimited Membership was available for $325,000.
LUSSO Unlimted members were able to have up to four reservations on the calendar at one time, two of which could be advanced reservations. Members were able to gift up to two weeks per year to their friends, family, and colleages at their leisure and members had full holiday privileges.
In September of 2008, a mere three months prior to the club's bankruptcy filing, LUSSO announced a price increase that would take effect on October 31 that would increase the LUSSO Unlimited Membership up to $445,000. The club would extend this deadline to January 31, 2009. "The last thing we want is to become another economic stress in your life. We look forward to welcoming you to our club when the time is best for you."
The scheduled price increase just months prior to the club's bankruptcy filing has been viewed as a last minute attempt to help drive interested prospects to join at the $425,000 price point.
LUSSO 21 Membership
Created in July of 2008, the LUSSO 21 Membership was only available for a short period of time as the club would file for bankruptcy in December of the same year.
"We are excited about offering LUSSO 21, which was developed based on feedback that we have received from people who want to experience The LUSSO Collection but who may not travel extensively," said LUSSO's Founder and CEO Steve Greer.
Not surprisingly, the LUSSO 21 Membership provided members 21 nights of annual access to the club's portfolio of homes. Members paid a fully refundable membership deposit of $325,000 to join. The membership functioned much like the LUSSO Unlimited Membership, minus some reservation restrictions and less annual usage.
LUSSO 21 members were allowed to have up to two reservations on the calendar at one time, one of which could be an advanced reservation. Like the LUSSO Unlimited Membership, LUSSO 21 members had full holiday privileges. Members could also gift one of their three weeks of annual usage to friends, family, or colleagues at their discretion.
In September of 2008, just months prior to their bankruptcy filing, LUSSO Collection announced that they would be increasing the price for their LUSSO Unlimited membership. The LUSSO 21 Membership was not to be altered.
To learn more about the annual costs associated with these membership plans, please visit our LUSSO Collection Annual Dues page.
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