ResortCom Elite Announces Private Residence Club In Lake Tahoe
October 6, 2009 by Fractional Ownership News ·
Fractions at Tonopalo Already Sold Out
ResortCom Elite, a joint-venture with LaTour Signature Group that provides management services for fractional market properties that meet 3.5 to four Diamond or Star status, was selected to manage Tonopalo, a l9-unit luxury private residence club in North Lake Tahoe. The club opened in 2003 and quickly sold out with 1/7th chapter fractional ownerships purchased from $350,000 to $850,000. (Some resales are now available.)
Set amidst the Sierra Nevada Mountains, Tonopalo is a beautifully appointed property located on a private 270-foot stretch of white sand beach. Each of the three- and four-bedroom, 1,700 to 3,000 square foot homes are fully furnished and accessorized. All of the residences provide extensive living and dining areas, roaring fireplaces, double master bedrooms, gourmet kitchens and lake views from outdoor patios and/or decks.
“It does not surprise me how quickly Tonopalo sold out – it’s a great opportunity for anyone who wants to own a piece of the ‘playground of the Pacific West’,” said Tom LaTour, founder of LaTour Signature Group. “The club fits perfectly with our ResortCom Elite group of resorts, as it offers exceptional amenities and services to its owners in picture-perfect Lake Tahoe.”
Owners at Tonopalo are able to enjoy the Tahoe’s numerous outdoor activities, including world-class skiing, championship golf, mountain biking, water sports and year-round fishing. The club features a wide sandy beach, a 300-foot pier and a luxury lakeside mountain lounge. In addition, Tonopalo’s unique amenities include kayaks, sailboats, pool, hot tub, fitness center, game room, on-site concierge and housekeeping services and a 26-foot Formula speedboat.
Tonopalo’s 1/7th chapter ownership guarantees each owner six weeks of usage per year. Owners also have access to Space Available, a program that allows unlimited use of the property in addition to the six guaranteed weeks anytime there is vacancy.
Tonopalo has been part of the ResortCom Elite family since 2008. In addition to Tonopalo, ResortCom Elite manages an array of similar properties in different locations around the world. Through ResortCom’s Exchange programs, Tonopalo owners are able to exchange weeks with owners at other ResortCom Elite properties.
“We were looking for a management company with both breadth and depth of experience in managing high-end vacation properties, and have found that in ResortCom,” said Lauri Steel, president of the Tonopalo Homeowners Association Board of Directors. “ResortCom really understands how fractional ownership is different from other kinds of resorts.”
For more information, visit http://www.tonopalo.net.
About ResortCom Elite
Based in San Diego, ResortCom Elite is the luxury division of its parent company, ResortCom International, and provides financial services, concierge and owner services and resort operations to private residence clubs, luxury fractional ownership properties and condo hotels. Under the direction of Chairman John Small and President Jeff Healy, ResortCom International’s 200 employees in offices in California and Florida and 800 employees worldwide at its resorts, provide exceptional services to over 50 clients worldwide and more than 200,000 satisfied owners at resorts in the Caribbean, Mexico and the U.S. (including Hawaii). For more information, visit http://www.resortcom.com, or contact Sarah Rezak at 619-683-2470 x.1659; e-mail srezak@ResortCom.com.
About LaTour Signature Group
Launched by Tom LaTour in 2007, LaTour Signature Group delivers an exceptional five-star vacation resort “lifestyle” experience to select developers and owners of new and existing properties by managing all of the operational aspects of fractional interest resorts, boutique hotels and condominium resorts.
By delivering management services that are unprecedented in the industry, LaTour Signature Group is committed to becoming the ultimate brand for private residence clubs and luxury fractional properties through superior service, distinctive amenities, chef-driven restaurants and culinary activities and superior attention to detail.
LaTour Signature Group will manage all resort operations – including the training and supervising of staff, reservation coordination and concierge services as well as sales and marketing of fractional rentals. When brought in on the ground floor, LaTour Signature Group can effectively lend its expertise and direction to the resort’s conceptual design and operational functionality and provide referrals and recommendations for other key partner alliances, such as real estate sales and marketing.
The LaTour Signature Group offers two product lines to the rapidly growing fractional market. The first is the private label brand of LaTour Signature for private residence club properties with a five Diamond or Star rating. The other is the ResortCom Elite line, which operates under the luxury division of San Diego-based ResortCom International, for properties that meet four Diamond or Star status.
For more information about LaTour Signature Group, visit http://www.latoursignaturegroup.com, or Sarah Rezak at 619-683-2470 x.1659; e-mail srezak@latoursignaturegroup.com.
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