This financial commitment, along with similar announcements from other players in the industry, demonstrates broad institutional investor interest in the growth of the new ‘sharing economy’
Broomfield, CO (PRWEB) September 25, 2012
Club Holdings, LLC, parent company of The Quintess Collection, THE TOUR CLUB and PGA TOUR Experiences, announced today that it has secured $36.5 million in 2012 equity capital, which it plans to use to accelerate the growth of The Quintess Collection and THE TOUR CLUB, and to continue the acquisition of related businesses.
Founded in 2004, The Quintess Collection provides its members with exclusive access to more than 170 luxury residences and experiences in 60 of the world’s most sought-after destinations, including Aspen, Cannes, London, Los Cabos, Maui, New York, Paris, St. Martin, Tuscany and many more. In 2012 alone The Quintess Collection has increased its destination portfolio by over 33%, adding over 15 new destinations and a wide range of bespoke custom adventure tours. With a luxury real estate portfolio valued at over $250 million, five-star amenities in each luxurious private home, personalized services from a dedicated staff of travel planners and concierges with extensive local knowledge, and the most acclaimed golf experiences through THE TOUR CLUB, Quintess Collection members enjoy unrivaled vacation experiences each and every time they travel.
“This financial commitment, along with similar announcements from other players in the industry, demonstrates broad institutional investor interest in the growth of the new ‘sharing economy’,” said Pete Estler, CEO of Club Holdings. “Our team is excited to be in a position to achieve benchmarks in profitability for our existing businesses and to make strategic acquisitions.”
About Club Holdings, LLC:
Established in 2004, Club Holdings, LLC, is a pioneer in the private luxury hospitality industry. It provides its customers–both corporate and consumer–exceptional, consistent and memorable experiences. The Quintess Collection–a dynamic luxury destination club network–allows members to enjoy carefree and effortless vacations in more than 170 luxury homes and experiences in 60 of the world’s most sought-after destinations. Collection members also benefit from customized travel planning, exclusive relationships with renowned private clubs and resorts and the expertise of knowledgeable Member Relations Managers and local Destination Hosts. Through THE TOUR CLUB and PGA TOUR Experiences the company offers its corporate clients a unique range of private venues and special events tailored for corporate entertainment that create and strengthen important business relationships. For more information, visit http://www.thequintesscollection.com and http://www.thetourclub.com