BelleHavens
Written by Luxury Reporter Staff in July 2007. Filed in Destination clubsEmail this article | Printer-friendly version of this article
Tags: BelleHavens, Destination club overviews
BelleHavens
www.bellehavens.com
Overview
BelleHavens is another equity-based destination club. Membership deposits are aggregated until a property can be purchased outright (currently 10 membership deposits per property), and so the club should require essentially no debt against its properties. BelleHavens is an affordable club, at under $250 000 to join. We met with Darin Gilson, CEO of BelleHavens, at the Destination Club Conference in Orlando earlier this year, and he seems to be a great guy with tons of integrity. The club has partnered with Stein Hotels and Resorts to make available a wide range of European properties with no nightly charges.

One of BelleHavens’ mountain residences
Destinations
Number of homes: 11
Number of destinations: 11
Homes in construction: Uncertain
Number of homes planned: Uncertain
Membership information
Members: 100
Member cap: None
Planned member to home ratio: 10:1
Planned occupancy rate: 50%
Membership deposit: $225 000
Refundable % of deposit: 90% of the current value
Annual dues: $18 500
Refund basis: 3 in, 1 out
Nights included: 30
Overview of booking rules: 21 nights may be booked in advance
Online reservations: Yes
Services included: Concierge, daily maid service
Optional services:
Company information
Founded: 2004
Management depth: Strong
Debt:equity ratio: Homes are purchased outright
Leased vs owned homes: 100% owned
Independent financial audit: Yes
Additional information:
Destination list
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Cabo San Lucas
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Deer Valley
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Great Exuma
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Hilton Head
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Jackson Hole
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Kiawah Island
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Kohala Coast
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La Quinta
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Lake Las Vegas
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Los Cabos, Mexico
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Midway, UT
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New York City
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Palm Coast
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Riviera Maya
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Scottsdale
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Many European destinations through Stein Hotels and Resorts - London, Paris, Tuscany, Provence, French Riviera, Mallorca, Amalfi Coast, Amsterdam, Dublin, Maratea and Monte Carlo
From www.bellehavens.com:


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