BelleHavens acquires Havens

Written by Luxury Reporter Staff in March 2007. Filed in Destination clubs
Email this article | Printer-friendly version of this article
Tags:
 

An announcement from BelleHavens:

We are pleased to announce that BelleHavens Equity Destination Club has acquired approximately 40 members and certain real estate assets from the Havens Club. (There is no relationship between the two clubs despite the similarity in names). Coming on the heels of the recent investment by Hunt Realty Corporation, this move further secures BelleHavens’ position among the top ranks of sustainable destination clubs in the industry.

Havens members have submitted letters of intent and are thrilled to be moving into BelleHavens. The membership transition will be completed over the next several days, and the property transactions in the coming weeks.

The acquisition move accelerates BelleHavens’ growth and allows us to continue to expand into additional exciting destinations. BelleHavens will announce our next wave of property acquisitions during the next few weeks.

The general consensus at Luxury Reporter is that we’ll continue to see consolidation in the destination club industry as clear leaders emerge and some of the other clubs stagnate.

   

OTHER ARTICLES THAT MAY BE OF INTEREST


      If you enjoyed this article, make sure you subscribe to the Luxury Reporter RSS feed