Elite Shares Expands Charter Membership Offer

By: Destination Club News
Date: September 3, 2008

Elite Shares, an all-encompassing club allowing its members luxury accommodations and private jet charters, exotic automobiles and VIP concierge services, is offering a select number of new charter members discounted annual dues and a 100% refund on unused funds if a member elects to resign. Originally limited to only 150 charter members, Elite Shares has expanded their charter membership offer to 400 members who join before December 31, 2008.

Members can access the club’s amenities by joining under either of the Elite Shares’ membership options:

Premium Membership
Members pay a Premium Membership Share of $188,000 and annual dues of $12,000. Premium Members are guaranteed the best pricing on all the clubs properties and automobiles and a flat rate for all jet charters. Properties include Colorado, California, Florida, New York and North Carolina in the United States, and two properties in Canada.

Lifestyle Membership
For members not looking to put down a large membership deposit, Lifestyle Members operate on a “pay as you go” basis. Members pay $12,000 in annual dues and deposit money into their account to access the club’s amenities. Lifestyle Members make a minimum $20,000 deposit and funds are withdrawn as they access Elite Share’s collection of residences, automobiles, and jet charters. Members can access the same amenities available to Premium Members. For this flexibility, members pay higher fees to access the club’s amenities.

With either membership option, Elite Shares will refund whatever funds are not used if a member elects to resign their membership after one year.

“We believe our unique model is the wave of the future, allowing people to deposit funds on a ‘pay as you go’ basis for all of our luxury amenities,” says Michal Friedman, President of Elite Share. “We have negotiated rates with all of our leading providers within the residential, air charter and exotic automobile markets allowing all Elite Shares Club members to take part in every luxury amenity available at a discounted rate.” Unlike true destination clubs, rather than owning the amenities available to members, Elite Shares procures partnerships with leading vacation resorts, fractional luxury automobile clubs and jet charter services. Elite Shares then acts as an intermediary, discounting the rates of these amenities from what they cost if purchased individually.