Tanner & Haley Properties
All part of the Tanner & Haley Destination Clubs master brand, Private Retreats, Distinctive Retreats, and Legendary Retreats all had their own property portfolios.
Despite a great deal of success early in their history, Tanner & Haley would eventually file for bankruptcy in 2006. Citing increased competition in the destination club industry, insufficient membership prices, annual dues, and nightly fees, one of the chief problems with the club's model was a reliance on short term leases to meet availability needs. "For instance, they have rarely refused a member's travel request," said Chief Restructuring Officer Holly Felder Etlin. "If a desired property in their portfolio was unavailable, they commonly entered into a costly short-term lease with a third party."
These payments quickly eroded the club's early success, leading to the destination club industry's first major black eye. Ultimate Resort would acquire a significant amount of the club's properties and members which continue to both be a part of Ultimate Escapes following the merger of Ultimate Resort and Private Escapes.
Private Retreats
The world's first destination club, Private Retreats offered a collection of luxury vacation homes averaging $1.5 million each. At the time of the club's bankruptcy announcement, Private Retreats quoted 73 properties.
- Cabo San Lucas, Mexico
- Deer Valley/Park City, Utah
- Charleston, South Carolina
- Las Vegas, Nevada
- Cayo Espanto, Belize
- Jackson Hole, Wyoming
- La Quinta, California
- London, England
- Dominican Republic
- Lake Tahoe, California
- Naples, Florida
- Scottsdale, Arizona
- Miami, Florida
- Maui, Hawaii
- Nevis, West Indies
- Palm Beach County, Florida
- Steamboat Springs, Colorado
- New York, New York
- Paris, France
- Stowe, Vermont
- San Diego, California
- Telluride, Colorado
- San Francisco, California
- Vail, Colorado
Distinctive Retreats
Following in the footsteps of Private Retreats, Distinctive Retreats was introduced late in 2003, further enhancing the properties available to members. Residences within the Distinctive Retreats portfolio averaged approximately $3 million each, and according to the club's bankruptcy documents, members had access to 77 properties.
- Aspen, Colorado
- Kiawah, South Carolina
- Las Vegas, Nevada
- Bahamas
- Jackson Hole, Wyoming
- Puerto Vallarta, Mexico
- La Quinta, California
- London, England
- Bermuda
- Park City, Utah
- Miami, Florida
- Newport, Rhode Island
- British Virgin Islands
- Naples, Florida
- Cabo San Lucas, Mexico
- Stowe, Vermont
- Cayo Espanto, Belize
- Sun Valley, Idaho
- Maui, Hawaii
- Rancho Santa Fe, California
- Nevis, West Indies
- Telluride, Colorado
- New York, New York
- Paris, France
- Palm Beach County, Florida
- Whistler, British Columbia
- Scottsdale, Arizona
- San Francisco, California
- Tuscany, Italy
Legendary Retreats
Introduced just as the collected clubs were losing the valuable Abercrombie & Kent brand name, forcing the introduction of Tanner & Haley, Legendary Retreats had little chance to succeed due to the model employed by Private Retreats and Distinctive Retreats. The club published several different figures regarding the average home values within Legendary, ranging between $7 million and $12.3 million. At the time of the club's bankruptcy, the club was quoted to have eight properties within the club, available to just 15 members acquired between their July 2005 introduction and their bankruptcy announcement.
- Maui, Hawaii
- Scottsdale, Arizona
- Cabo San Lucas, Mexico
- Vail, Colorado
- Kiawah, South Carolina
- Telluride, Colorado
- Naples, Florida
- Tuscany, Italy
If you are a former member of Tanner & Haley or a current or former member of Ultimate Escapes and would like to comment on your experiences at any of these residences, please feel free to contact us at contribute@destinationclubnews.com.
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