Parallel
Executives

"It began with an idea, a way to do things better. And it happened over a dinner between friends."

This story of the creation of the ultra-luxury destination club Parallel resembles several other destination club launches.

"The inspired conversation led them further. They realized that a destination club would be so much more attractive if it aligns its interests with those of its members - financially and experientially - making genuine connections with its members, viewing truly great residences as the gateways to rich interactions and providing the highest level of service in the world's leading destinations."

The visionary at this dinner was Chad Morse, a seasoned entrepreneur and a destination club member, feeling that their was a wide disconnect between his expectations and the club's service.

Morse and Tim Wolff, a guest at the dinner, began talking about what their vision of a destination club would resemble and Parallel was born.

In time, Parallel would establish themselves as the second largest ultra-luxury destination club in the industry, trailing only The Solstice Collection. Wolff and Graham Kos, the Founder of Solstice, were introduced through a mutual friend and both saw the synergy that a combined Parallel and Solstice would have atop the luxury segment of the destination club industry.

In November of 2006, Parallel and Solstice would merge, creating the undisputed leader in the upper end of the destination club industry.

While the destination club would move forward under the recognized Solstice Collection name, the Parallel executive team would take over virtually all leadership positions within the club, bringing their destination club experience to the growing club.

Chad Morse
Co-Founder and Chief Executive Officer

Tim Wolff
Co-Founder

Mark Cibik
Managing Director, Membership

Mark Cain
Managing Director, Marketing

Michel Ducamp
Managing Director, Hospitality

After helping to grow the club throughout 2007, the club would go through a "ownership restructuring" in May of 2008. Graham Kos and outside investors would purchase controlling interest in the company from the Parallel founding investors. Kos would retake his position as CEO of Solstice, displacing Timothy Weller. Tim Wolff, who was serving as Chairman of the Board would "retire from an active Board role" but continue traveling with the club as a member as would Chad Morse.

Early in 2009, Solstice would file for bankruptcy.

If you would like to comment on any of your experiences with the Solstice or Parallel executive teams as a member or potential member, please feel free to contact us with your thoughts at contribute@destinationclubnews.com.