My Global Playground

Written by Luxury Reporter Staff in July 2007. Filed in Destination clubs
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My Global Playground
www.myglobalplayground.com

Overview
My Global Playground has staked a claim to the luxury destination club category by breaking the $500 000 membership deposit threshold. It’s too early to tell whether the pricing is justified, or how quickly the club will be able to finance and acquire new properties.

myglobalplayground paris
My Global Playground’s Paris apartment

Destinations
Home sizes: Average value $4-6m
Number of homes: 5
Number of destinations: 5
Homes in construction: Uncertain
Number of homes planned: Uncertain

Membership information
Members: Uncertain
Member cap: 30 charter members, ucertain for general membership
Planned member to home ratio: Uncertain
Planned occupancy rate: Uncertain
Membership deposit: $550 000
Refundable % of deposit: 100%
Annual dues: $35 000
Refund basis: Uncertain
Nights included: Dependent on plan
Overview of booking rules: Dependent on plan
Online reservations: Yes
Services included: Concierge, limo airport transfers, luxury vehicle at most homes, twice daily maid service, chef and butler at most homes
Optional services:

Company information
Founded: 2006
Management depth: Uncertain
Debt:equity ratio: Uncertain
Leased vs owned homes: Uncertain
Independent financial audit: Uncertain
Additional information:

Destination list

  • St Thomas
  • Miami
  • Maui
  • Paris
  • Mexico

 

Destinations under development

  • Kiawah, South Carolina
  • Scottsdale, Arizona
  • New York, New York
  • Aspen, Colorado
  • Utah
  • London
  • Turks and Caicos
   

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