Destination Clubs By Private Escapes Opens New Sales Office In Atlanta

August 16, 2004

Destination Clubs by Private Escapes, the holding company for independently owned and operated affiliates Private Escapes Platinum LLC and Private Escapes LLC, announced the opening of its new sales office in Atlanta. Heading up the office is Adam Capes, Private Escapes member and former founder and publisher of Atlanta’s Jezebel magazine.

“My enthusiasm for Private Escapes and Private Escapes Platinum stems from my personal experience as a member,” said Capes, Atlanta-based membership director of Destination Clubs by Private Escapes. “After visiting the destinations in Trump Tower in New York City and Fox Acres Country Club at Red Feather Lakes, Colorado – I was sold. I believed in the product so much that I wanted to join the Destinations Clubs by Private Escapes team.”

Capturing a relatively new concept in travel, Destination Clubs by Private Escapes offers members of each Club virtually unlimited access to up to 70 resort properties in 25 destinations worldwide. Aside from entrée to world-class luxury destinations, members experience inherent benefits including five-star service, a personalized Escapes Plan and on-site Local Host.

Capes launched Jezebel, an alternative, upscale Atlanta magazine in 1996, and eventually sold his interest in 2003. Following his years as a magazine publisher, Capes served as Director of Sales for Jet Golf, where he sold high-end packages of private jet excursions to top golf courses around the country. Capes became familiar with the concept of Destination Clubs through his work with Jet Golf, and eventually found Private Escapes through an advertisement in Lexus magazine. Capes become a full-fledged member of Private Escapes in June and plans to visit all current and future destinations to share his experiences with future members.

Since launching in January 2004, Private Escapes has captured the niche as the first and only Destination Club to offer an affordable alternative for membership without sacrificing quality. Private Escapes is the sole player in the category of affordable Destination Clubs with entrance fees under six figures, offering its members access to $600,000 properties across the globe. Private Escapes’ fully refundable membership entry fee is $75,000, with annual dues of $6,000 for individual members, where the corporate membership entry fee is $87,500 and $7,000 respectively.

Current destinations include The One&Only Palmilla Resort in Los Cabos, Mexico; Eagle Ridge Lodge in Steamboat Springs, Colorado; Fox Acres Country Club in Red Feather Lakes, Colorado; Trump Tower in New York City; Monte Lago Village Resort in Lake Las Vegas, Nevada; Incline Village in Lake Tahoe, Nevada; Night Heron Cottages in Kiawah Island, South Carolina; The Charter at Beaver Creek Resort in Beaver Creek, Colorado; and Topnotch in Stowe, Vermont.

Private Escapes Platinum, launched in August 2004, is the first and only Destination Club where members receive a return on investment through annual dividend distribution, which can be paid out as cash or as a tax-free club credit, offsetting a portion of dues, airline travel, limousines, activity fees or amenities. Following the success of Private Escapes, Private Escapes Platinum offers superior service, member benefits and amenities in homes averaging $1 million throughout the world. The fully refundable membership deposit for Private Escapes Platinum is $175,000, for a limited time, with $9,500 in annual dues. The inaugural property is a home on the Cougar Point golf course in Kiawah Island, South Carolina, and the soon-to-be added, fully-staffed, La Buscadora, a 10-passenger yacht, docked in the British Virgin Islands.

About Destination Clubs by Private Escapes
Incorporated in October 2003, Destination Clubs by Private Escapes includes independently owned and operated affiliates Private Escapes Platinum LLC, the first and only travel Destination Club to pay members’ dividends, and Private Escapes LLC, the first and only affordable travel Destination Club. Based in Fort Collins, Colorado, each Club will ultimately own up to 70 properties in 25 destinations worldwide, capping their membership at 400 each. For more information on Private Escapes Platinum, contact (877) 463-0211 or visit http://www.private-escapes.com/. For more information on Private Escapes, contact (866) 536-4700 or visit http://www.private-escapes.com/.