Overview
| Membership Pricing | |
| Initial Membership Fee | $150,000 |
| Annual Dues | $13,900 |
| # Nights | 45 |
| % Membership Refundable | 80% |
| Refund Basis | 3 in 1 out |
| Homes | |
| # of homes | 6 |
| # of locations | 5 |
| Average Value | $1.2m |
| Members per Home | 6:1 |
| Club | |
| Number members (Signature & Portofino) | 135 |
| Founded | 2002 |
| % Homes owned | 70% (Portofino Overall) |
Description
Portofino Destination Clubs filed for chapter 7 bankruptcy in May 2008.Signature Collection was one of 3 distinct destination clubs by Portofino. The other two clubs were the Portofino Collection and the Continental Collection.
Members could make advanced reservations which could be booked up to a year in advance and space available reservations were booked within 30 days of travel. For all the reservations there was a minimum of two nights.
The club offered two types of membership. For more details read the appREciation article below. The clubs goal was to keep its occupancy ratio below 70%.
The club was headquartered in Greenwood Village, Colorado.
Here's where you can start to compare Portofino and the Signature Collection to the other destination clubs
