These two luxury travel and property companies have formed a partnership so that their respective members can use each others luxury vacation homes.
Ultimate Escapes is one of the worlds largest destination clubs, with three levels of homes around the world. Under this partnership, FOLIO owners can now enjoy vacations at 21Ultimate Escapes worldwide destinations, including skiing in Deer Valley, Utah, boutique shopping in Paris, exploring wine country in Tuscany, golfing in Scottsdale, or surfing in Maui.
Bob Emmett, Co-founder and Managing Director, FOLIO Collection said, This is a wonderful opportunity for both of our brands. To be able to provide added value to our much valued FOLIO owners by creating access to Ultimate Escapes global portfolio of properties is the best of both worlds.
Ultimate Escapes continues to foster creative alliances with luxury resort developers such as FOLIO, to bring increased value to our members and an exciting enhancement to vacation home real estate ownership. Both St. Barth and St. John, known for their tranquil beauty and their secluded locations, are highly sought after destinations for our members and the Isle de France and Pond Bay resorts are second to none, said Jim Tousignant, President and CEO of Ultimate Escapes. Our brands complement each other in ways that present growth opportunities for both companies among discerning global travelers.
Ultimate Escapes announced a similar reciprocity partnership with Capella Pedregal just a few weeks ago. The FOLIO Collection also has other reciprocity and exchange agreements in the works. Overall these work well for all sides, providing more luxury travel destinations to each of the respective members.