Vantages West
Resignation and Redemption

Just months after Vantages West launched in 2005, the small destination club would cease operations early in 2006.

Under-capitalized and with few identifiable characteristics, Vantages West was unable to compete against more established clubs in the sector like Exclusive Resorts and Tanner & Haley.

As a result of their short time in the industry, very little information about the club was released, including their resignation policies. Luckily, very few different redemption structures were used during this time in the destination club industry.

Likely, Vantages West would redeem one new member for every two to four new members that joined the club, after they had been with the club for at least 18 to 24 months. Leading clubs Like Private Escapes and Private Retreats refunded 100% of a member's deposit if they elected to resign while upstarts such as Quintess and Dream Catcher Retreats refunded 80%. Vantages West probably used a resignation model that consisted of some or all of these components.

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