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WELCOME

WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

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Page 1: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

WELCOME

Page 2: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Deeded Ownershipof the Manhattan Club

Page 3: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

DEFINITION OF A TIMESHARE

A timeshare is a form of ownership or right to the use of a property, or the term used to describe such properties. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time (typically one week, and almost always the same time every year) in which they may use the property. Units may be on a part-ownership or lease/"right to use" basis, in which the sharer holds no claim to ownership of the property.

Page 4: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

HistoryThe notion of the term "timeshare" was originally created in Europe in the 1960s. Hapimag, a ski resort developer in the French Alps, was experiencing trouble finding customers for his high priced resort. Realizing that coffee shops sold cake only by the slice (since the entire cake was too expensive and could not be consumed at one sitting) he marketed his resort by encouraging guests to "stop renting a room" and, instead, "buy the hotel". Success followed and the concept of partial ownership was embraced by developers worldwide, boosting sales of surplus condominium units at a time when the resort industry was depressed.

Page 5: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Due to the promise of exchange, these units, called "vacation ownership" by the industry, often sell regardless of their deeded resort (most are deeded into a certain resort site, though other forms of use do exist).

What is not often disclosed is that all differ in trading power. If one is in Hawaii or Southern California it will exchange extremely well; however, those areas are some of the most expensive in the world, subject to demand typical of a highly trafficked vacation area.

The vast majority of inventory flows briskly through two international exchange companies: RCI and Interval International

Page 6: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Industry Development

This concept has attracted many resort developers and prominent hoteliers, such as Starwood, Wyndham, Accor, Hyatt, Hilton, Marriott, and Disney. Vacation ownership has proven to be lucrative for stakeholders in these major resort families, due to its popularity with vacation-goers.

This form of lodging has spawned a variety of products sold on similar occupancy schemes; cars, planes, boats, condo-hotel units and luxury fractional properties (at which affluent guests may stay for as long as a quarter of a year, and which often command a six-figure price tag)

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Types and sizes of accommodations

Apartment-style units ranging in size from studio units (with room for two) to three and four-bedroom units. These larger units can comfortably house large families. Units normally include fully equipped kitchens with a dining area, dishwasher, televisions, DVD Players and more. It is not uncommon to have washers and dryers either in the unit or easily accessible on the resort. Kitchens are equipped to the size of the unit, so that a unit that sleeps four should have at least four glasses, plates, forks, knives, spoons, and bowls so that all four guests can sit and eat at once.

Units are usually listed by how many the unit will sleep and how many the unit will sleep privately.Sleeps 2/2 would normally be a one bedroom or studioSleeps 6/4 would normally be a two bedroom with a sleeper sofa

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Scope of the Industry

The ARDA International Foundation (AIF),which is the research arm of the American Resort Development Association (ARDA), reports there are:

1,604 timeshare resorts, with 154,439 units, in the USA as of January 1, 2006 (AIF 2006).

Approximately 4.4 million households own one or more U.S. weekly intervals or points-equivalent as of January 1, 2007, an increase of sixteen percent from the prior year.

Page 9: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

About half of the resorts in the USA are currently selling, generating sales of $8.6 billion in 2005 (AIF 2006).

The global scope of the industry is not as readily quantified. Interval International, one of the two major exchange companies, reports there are 1,800 resorts in nearly 80 countries, with 2004 worldwide sales estimated at nearly $11.8 billion (Interval International 2006).

RCI has more than 4,000 resorts in nearly 100 countries

A 2001 report estimated there to be 5,425 timeshare resorts worldwide, of which around 31% are situated in North America, 25% in Europe,16% in Latin America (where Mexico leads with 40% in the region). Emerging resorts in Asia offers 14%, led by Japan, but with Thailand and India increasingly prominent.

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Advantages of Timeshare

Page 11: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Points programsResort based points programs are also sold as deeded and as right to use. Points programs annually give the owner an amount of points equal to the level of ownership. The owner in a points program can then use these points to make travel arrangements within the resort group. Many points programs are affiliated with large resort groups offering a large selection of options for destination. Many resort point programs provide flexibility from the traditional week stay. Resort point program members, such as World Mark by Wyndham, may request from the entire available inventory of the resort group.

Page 12: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

TimesharePoint System

Page 13: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Types of Timeshare Ownership Fixed week ownershipThe most basic unit is a fixed week; the resort will have a calendar enumerating the weeks roughly starting with the first calendar week of the year. An owner may own a deed to use a unit for a single specified week. For example, week 26 normally includes the Fourth of July holiday, week 51, Christmas and so on. If an owner owned Week 26 at a resort he or she could use that week every year.

FloatingSometimes units are sold as floating weeks. The ownership will be specific on how many weeks the owner owns and from which weeks the owner may select for the owner's stay. An example of this may be a floating summer week where the owner may request any week during the summer season generally weeks 22 through 36. In this example there would be competition for prime holidays such as the weeks of Memorial Day, Fourth of July and Labor Day. The weeks when schools may still be in session would not be so high in demand. Some floating contracts exclude major holidays so they may be sold as fixed weeks.

Page 14: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

RotatingSome are sold as rotating weeks, commonly referred to as flex weeks. In an attempt to give all owners a chance for the best weeks, the weeks are rotated forward or backward through the calendar, so one year the owner may have use of week 25, then week 26 the next year and then week 27 the year after that. This method does give each owner a fair opportunity for prime weeks but it is not flexible.

Page 15: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Timeshare rentals Depending on the terms of the timeshare contract, an owner may rent

their week or interval to another party in exchange for payment to the owner.

There are many third parties that will rent timeshares on behalf of their owners as one time event, or an annual occurrence.

The broker/agent will find a suitable renter in exchange for fees and commissions. In addition to a hands-off experience for the owner, third parties typically handle the money transfer as well.

The obstacle of finding a suitable renter remains the same, with the added liabilities associated with renting any real property—namely, ensuring payment prior to transferring the use to the renter, and coverage for any damage to the unit by the renter.

Page 16: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Two Types of Contract

Type One: Deeded Contracts

With deeded contracts the use of the resort is usually divided into week long increments and these are sold as fractional ownership and are real property.

As with any other piece of real estate the owner may use his or her week, rent his or her week, give it away, leave it to his or her heirs or sell the week to another prospective buyer.

The Owner is also liable for his portion of real estate taxes, which usually are collected with condominium maintenance fee. Potentially owner can even deduct some property related expenses, such as real estate taxes, from his taxable income.

Page 17: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Type Two: Right to Use The purchaser has the right to use the property in accordance

with the contract but at some point the contract ends and all rights revert to the property owner.

The right to use contract grants the right to use the resort for a specific number of years.

In many countries there are severe limits on foreign property ownership, so this is a common method for developing resorts in countries such as Mexico.

Care should be taken with this form of ownership as the right to use often takes the form of 'club membership' or right to use the reservation system. Where the reservation system is owned by a Company not in the control of the owners, the right of use may be lost with the demise of the controlling Company.

Page 18: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Peregrine Travel Group is proud to serve as the exclusive sales company for the Manhattan Club, the premier time share property in the world. Manhattan Club is ranked as one of the top time share property among RCI’s 6000 time

share properties around the world.

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Page 20: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

History The vision of New York City's very first timeshare began to take physical  form in 1994 with the purchase of a 60-million dollar property on the southwest corner of 56th Street and Seventh Avenue. Sales began successfully in 1996 prior to the completion of the residential portion of the property, as even the earliest Owners recognized the unique value of deeded ownership, the benefits of a private club-like atmosphere and the convenience of a prime midtown location.

Completion of the three initially planned construction phases brought about a total of 241 suites plus the Club Floor. At this stage, The Manhattan Club consisting of thirteen Residential Floors, two Conference Rooms, a Fitness Center, Business Center and a Club Lounge could already boast being the largest urban timeshare in the world.

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In fall of 2004, the building's tower, floors 27-31, which housed Administrative Offices and Private Suites, were vacated in preparation for the construction of twenty-four Penthouse Suites. Construction of twenty-four exclusive Penthouse Suites is nearing completion. Larger suites, oversized windows, lofty ceilings, two private terraces, enhanced in-room amenities and restricted access have proven to be a winning formula, bringing sales to a sell-out point within an unprecedented short time frame.

To complete the ultimate residential environment created by these grand suites and private terraces, a 560 square foot private reading room is being built on the 31st floor of The Manhattan Club's tower. This totally new addition will provide a serene and sun-filled retreat for Penthouse Owners seeking a quiet environment for reading.

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About the Manhattan Club

• The Manhattan Club is one of the top 12 resorts in the world in terms of RCI points, and one of the top 3 in the U.S.

• It has a Gold Crown rating held for 14 consecutive years. An accolade of distinction reserved only for the most esteemed resorts within RCI and II systems.

• The Manhattan Club is a fee-simple deeded ownership in perpetuity

• There is a 2 – 3 year waiting list for RCI members that would like to exchange their points into the Manhattan Club.

• The Manhattan Club has 241 private luxury suites.

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• The Manhattan Club is an affiliate of RCI (Resorts Condominium International). The largest and most experienced vacation exchange system in the world.

• Membership in RCI enables Manhattan Club owners to exchange their time/weeks for any one 4,000 or more locations in over 100 countries worldwide.

• We are the former OMNI HOTEL.

• The television show “The Honeymooners” with Jackie Gleason was filmed at the Manhattan Club.

• Mr. Gleason himself resided at the Manhattan Club for many years when it was called The Omni Hotel.

Page 24: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Deeded Ownership

• Buying a property at the Manhattan Club is not just buying a “right-to-use” a suite for X number of years. It is buying a deeded ownership in New York City. It is the same as buying a piece of real estate.

• Having an actual deed means that you can pass it onto your children, rent it out, lend it as a gift to friends or relatives, or sell it.

• With renting, any price you pay will ultimately amount in 100% loss. If you add inflation into that, that means every time you vacation the cost will be ever higher.

• A deed secures the cost right away, and there is a reasonable expectation that, should you no longer want it, you can sell it back for no loss.

• The signing of the contract to purchase a deed at the Manhattan Club can either take place at a U.S. Consulate, or notarized at any government-certified notary republic.

Page 25: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Comparison Chart

• Below is a chart of comparable 5-star hotels in a nearby location to the Manhattan Club for similar-sized rooms. All rates include taxes.

Executive Suite One Bedroom Suite

The Plaza $912 $1176

The Pierre $723 $1748

St. Regis $916 $1438

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Major attraction

Page 27: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Location….Location ….Location

200 West 56th Street New York, New York

Major attractions•Central Park•Madison Avenue •Fifth Avenue •Rockefeller Center •Carnegie Hall •Radio City Music Hall •Lincoln Center •Broadway theaters •St. Patrick's Cathedral•NBC Studios •Top of the Rock observatory •Saks Fifth Avenue •Bergdorf Goodman •Henri Bendel •Museum of Modern Art (MoMA) •Columbus Circle •Time Warner Center •State Empire Building

Page 28: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Rockefeller Center is a complex of 19 commercial buildings covering 22 acres (89,000 m2) between 48th and 51st streets in New York City, United States. Rockefeller Center represents a turning point in the history of architectural sculpture: it is among the last major building projects in the United States to incorporate a program of integrated public art.

Carnegie Hall is a concert venue in Midtown Manhattan in New York City, United States. It is one of the last large buildings in New York built entirely of masonry, without a steel frame; however, when several flights of studio spaces were added to the building near the turn of the 20th century, a steel framework was erected around segments of the building.

Page 29: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

The Empire State Building is a 102-story landmark skyscraper and American cultural icon in New York City at the intersection of Fifth Avenue and West 34th Street. It has a roof height of 1,250 feet (381 meters), and with its antenna spire included, it stands a total of 1,454 ft. (443.2 m) high. Its name is derived from the nickname for New York, the Empire State.

Lincoln Center for the Performing Arts, Inc. (LCPA) is one of the 11 resident organizations, and serves three primary roles: presenter of artistic programming, national leader in arts and education and community relations, and manager of the Lincoln Center campus.

Page 30: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Central Park is a public park in the center of Manhattan in New York City, United States. The park, which receives approximately thirty-five million visitors annually, is the most visited urban park in the United States.

Columbus Circle, named for Christopher Columbus, is a major landmark and point of attraction in the New York City borough of Manhattan.

Page 31: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

The first NBC Radio City Studios began operating in the early 1930s, and tours of the studios began in 1933. NBC offers guided tours of their New York studios at a cost to tourists

Times Square is a major commercial intersection in Midtown Manhattan, New York City, USA. Times Square, iconified as "The Crossroads of the World" and the "The Great White Way", is the brightly illuminated hub of the Broadway theater district, one of the world's busiest pedestrian intersections, and a major center of the world's entertainment industry.

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Property and Services

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Page 34: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Concierge Program

• Theatre tickets to Broadway shows and all performance venues

• Car Service • Restaurant selection and dining reservations• Sightseeing tours • Sports Tickets • Lunch/dinner cruises • Museum passes • Landmark entrances including, the Empire State

building and top of the rock • City, subway and bus maps

Page 35: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Entrance Lobby

Page 36: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Private Club Lounge

Fitness Center

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Concierge Services Business Center

Page 38: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Ownership Plans

Page 39: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

Queen or King size bed Queen sleeper sofa

Kitchenette with refrigerator, sink, dishwasher (most units), microwave and

coffee/tea maker Living room or living area

Pillow-top mattress and cotton duvetsHigh thread-count sheets

Flat screen LCD TV with digital cable and pay-per-view channels

Sony Dream Machine Work desk with complimentary wireless

high speed Internet access Marble baths with shower, hair dryer and

toiletries Robes

Individual climate control Iron, ironing board, in-room safe, luggage

rack and extra pillows

Executive Suite

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One Bedroom Suites One Bedroom Suite

Queen or King size bed Queen sleeper sofa

Kitchenette with refrigerator, sink, dishwasher (most units), microwave and

coffee/tea maker Living room or living area

Pillow-top mattress and cotton duvetsHigh thread-count sheets

Flat screen LCD TV with digital cable and pay-per-view channels

Sony Dream Machine Work desk with complimentary wireless

high speed Internet access Marble baths with shower, hair dryer and

toiletries Robes

Individual climate control Iron, ironing board, in-room safe, luggage

rack and extra pillows

One- Bedroom Suite

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Ownership Plans• Gold Flex

• 7 nights each year based upon availability• Can be used either consecutively or non-consecutively• Usage year is determined as 30 days after the date of purchase• For all flex, may only use up to 1 Saturday for every 7 nights

purchased• Biennial Gold Flex

• 7 nights every other year (either an odd or even year)• Usage based on calendar year• If choosing Biannual Odd, cannot use nights on an even year, and

vice versa• Biennial Split Gold Flex

• 4 nights one year, 3 nights the next year, and so on• Triennial Gold Flex

• 7 nights every three years• Triennial Split Gold Flex

• 2 nights each year with one floating night

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Manhattan Club Purchase Price (USD) (Confidential)

Notes:•Prices listed are in USD (United States Dollars)•Prices subject to change without further notice•These Prices are intended for real estate professionals appointed by Peregrine Travel as designated Sales Agents

Executive Junior Suite: Purchase PriceClosing Costs

Total Purchase Price

Gold Flex (7 nights of usage annually) $37,800.00 $4,594.00 $42,394.00

Biennial Split Gold Flex (7 nights of usage split over 2 years) $19,800.00 $4,407.00 $24,207.00

Triennial Split Gold Flex (7 nights of usage split over 3 years) $15,500.00 $4,320.00 $19,820.00

One Bedroom / 2 Bath Suite: Purchase PriceClosing Costs

Total Purchase Price

Gold Flex (7 nights of usage annually) $45,000.00 $5,048.00 $50,048.00

Biennial Split Gold Flex (7 nights of usage split over 2 years) $23,000.00 $4,482.00 $27,482.00

Triennial Split Gold Flex (7 nights of usage split over 3 years) $18,000.00 $4,356.00 $22,356.00

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Frequently Asked Questions

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Who Are We?

An RCI Gold Crown resort New York City first timeshare property providing deluxe

accommodations plus a club-like atmosphere The Manhattan Club has 241 private luxury suites.

Where Are We?

Location ….Location….Location….Situated on 200 West 56th Street between Broadway and 7th Avenue, right in the heart of Manhattan’s vibrant midtown area.

The Manhattan Club provides you with easy access to New York City’s greatest attractions .

Guests can walk to Central park, Rockefeller Center, Broadway theatres, Fifth Ave shopping, famous restaurants, museums and so much more.

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What Do We Offer?

An all-suite resort featuring rooms that are twice the size of a typical New York City hotel room.

Each stylish suite is elegantly appointed and equipped to make you feel at home. Plush fabrics, elegant furnishings, a kitchenette, luxurious marble baths, plush terry robes, pillow-top mattresses, soft linens, flat screen TVs, Bose radios and Wi-Fi internet access set the mood for a pampered stay.

Unit Types Max occupancy Max privacy

Executive Suite 4 2

One- Bedroom 4 4

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What are the Services ?

The personal attention and club-like services found at the Manhattan Club are geared to make every owner feel at home. Our knowledgeable concierges, your best escort to everything New York City, lend their expertise be suggesting the best events or by obtaining that Hard-to-Get ticket. The courteous reception and valet staff provide a smooth check-in. Daily housekeeping, included as part of our standard service, ensures that each day you’ll return to a suite that is clean and tidy. What are the Resort Amenities?

Lounge (serving breakfast and evening cocktails) Fitness Center (with men’s and ladies changing rooms and lockers) Business Center ( complimentary internet access, printing and faxing) Discounted Valet parking Daily Housekeeping

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What are the benefits?

Owners and guest have access to Manhattan Club’s 26th floor area. Here they will find a Private Lounge serving :

• Daily breakfast • Evening cocktails• State-of-the-art Fitness Center• Business Center

RCI Gold Crown Resort status providing you with access to over 4,000 resorts worldwide

And most importantly, the commitment you make to yourself to spend quality time with family and friends doing the things you enjoy the most.

Flexible Use options that let you plan stays that fit your specific needs

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What are the Usage Options?

Fixed - 7 consecutive Nights same time every year

Event - Marathon, U.S open , Trade Show, Guaranteed that specific event forever

Holiday- New Years Only 3 nights Fixed (Dec.30,31and Jan .1 4 nights flexible

Flex - 7 consecutive or non-consecutive nights One Saturday with Friday or Sunday Attached Reservations are accepted as early as 9- months in advance May use multiple rooms in a single night May rent out nights May invite guest to use your nights with no feesMay request any of 362 nights out of the year (Dec. 30, 31 and Jan 1 blocked

Page 49: WELCOME. Deeded Ownership of the Manhattan Club DEFINITION OF A TIMESHARE A timeshare is a form of ownership or right to the use of a property, or the

What are the reasons to own a timeshare at Manhattan Club?

By purchasing, people get to visit Manhattan——the upper east side of New York

By purchasing, people get to visit their children who study in New York and their relatives who live in New York.

Compared with purchasing any other properties around New York , owning a timeshare at Manhattan Club allows you to have a luxury experience at a lower price.

Even if you don’t want to go to New York, it’s also useful to purchase the RCI Golden Crown Resort——The Manhattan Club. People can use it to exchange with other RCI resorts around the globe. ( You will have awful a lot of choices for you since the Manhattan Club is the one of the RCI Golden Crown resorts) . And, of course, you can also see it as an investment oversea.

By purchasing, people open a door to lots of other different cities in the world beside New York.

One- time purchasing gets a life time ownership ( to give it as a present 、 to assign it to other people 、 to rent it out 、 to sell it)

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Practicality – it’s well appointed suites provide relaxing comfort and quality amenities for travelers looking for easy access to all major attraction in New York. The Manhattan Club’s prime location, friendly staff, in- house amenities and exclusivity create the ultimate New York City experience. For true comfort luxury and accessibility, there is no better way to enjoy New York.

Elegance- Birch Coffey Design Associates, well known for their major hotel and cruise ship endeavors. The overall style is interior and façade restoration. The overall style is Biedemeir with art deco accents executed in warm neutral tones to create an atmosphere of sophisticated elegance.

Affordability- owning Manhattan Club, a 5-star luxury hotel , will please you in every way combination of elegance, comfort and convenience for very affordable price.

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Flexibility of ownership

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Usage Flexibility A week every year for your own use

Use this week to exchange with any other RCI resorts around the globe

Use some of the days of that week and to rent the unused days out

Use some of the days of that week and add the unused days to the next year

Rent the whole week out

Add the whole week to the next year

Use the RCI points of the whole week to exchange with your own RCI vacation

Different usage plans for your choice: annual 、 biannual 、 triannual, etc…

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Resort Condominiums International

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Definition

Resort Condominium International (RCI) is the world’s largest resort vacation exchange network connecting you with a world of vacation opportunities. Founded in 1974 by Jon and Christel DeHaan, it has grown to become one of the larger brokers of timeshare trades.

Membership in RCI can enhance the value of your vacation ownership by providing access to more than 4000 resorts in over 100 countries. Through this Global network, members have the opportunity to travel the world and stay in the finest accommodations. Its membership base is approximately 3.6 million members worldwide. RCI operates two main exchange programs - RCI Weeks and RCI Points.

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Affiliated with RCI

Enrollment in Resort Condominium International (RCI) the world’s largest resort network, entitles you to exchange your interval for a vacation in any one of over 4,000 affiliated resorts worldwide. Whether it’s a sandy beach in the tropics, a star-filled night in Paris, a powdery ski slope in Aspen or an exotic adventure that strikes your fancy, your vacation dreams can come true . Manhattan Club’s “Gold Crown” Status , a distinction reserved for only the finest resorts within the network, provides increased training power. As one of the most often requested exchange destinations among RCI members, ownership at The Manhattan Club is truly an enviable possession.

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What is RCI Gold Crown Resort

Only a select number of resorts within the RCI network are awarded Gold Crown status . The Manhattan Club is a Gold Crown Resort, a designation of distinction reserved only for the finest resort within the RCI network. To earn this honor, these resorts have attained the highest level of excellence in accommodations and hospitality.

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How does my vacation ownership work in coordination with an exchange company like RCI?

When you become a Vacation Owner, your home resort is yours to use during your assigned ownership time. Your ownership also makes you part of a network of people who are passionate about vacation. During those times when you’d like more than one vacation, or when you want to travel to another destination or during a different time, RCI can connect you to an exchange network of travelers like you who are also looking to exchange their assigned vacation time.

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Business Model

Timeshare exchange is often confused with timeshare sales. RCI is in the business of timeshare exchanges. It does not develop or sell timeshares, although it does sell a Points Program and a Weeks Program to use in the RCI affiliate resorts network.

In the Points program, members receive an allotment of points that can be applied to different factors, such as room type, resort quality, location, and time of year. In the Weeks program, members may exchange their property's shared time for another week at an equivalent or lower value property. Members may join one program or the other, but not both. Annual memberships are required.

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Customers who buy a timeshare with an RCI-affiliated developer have the option to become a paid member of RCI. Such membership entitles them to exchange (swap) their timeshare with other members. RCI facilitates and fulfills the exchange. More information about the Points and Weeks programs that RCI sells can be found on the company's website: https://www.rci.com/RCI/ Also Wyndham Worldwide, RCI's parent company does develop and sell timeshares having several resorts around US which are listed in RCI's resort directory.

RCI has resort affiliates in over 100 countries around the world on every continent. The company recently announced a few relationships with the Huangshan Grandview Resorts Hotel in Huangshan, China.

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Two exchange program: Points and Weeks

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RCI WEEKS Exchange – An RCI exchange vacation is the result of trading

your deposited vacation time for another available vacation. When searching for an RCI exchange vacation, you have access to a selection of thousands of resorts. They also offer additional tools for you to personalize your exchange even more:

Add Vacation Protection** – This exclusive member-only offer provides you with the flexibility to change or cancel your vacation! You’ll retain your full Trading Power, and you’ll be credited back the entire exchange fee to use towards your next exchange.

Combine Deposits – If your Deposit has less Deposit Trading Power than what is required for your desired Exchange vacation, for a fee, you can combine multiple Deposits or Deposit Credits.

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Extend Your Deposit*** – If you aren’t able to travel during the travel window of your deposit, you can extend your travel window for up to one additional year.

Opt for Ongoing Search – If your ideal vacation isn’t available, simply start an ongoing search, and we will search 24/7 until we find a suitable match. We’ll notify you as soon as we find availability!

Add a Guest Certificate – Are you looking for the perfect gift for your friends or family? Consider giving them the gift of vacation with an RCI Guest Certificate.

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Extra Vacations Getaways – An Extra Vacations getaway gives you access to the timeshare resort vacation experience you’ve come to expect, without exchanging your vacation time! You can purchase a week (or more) at the available destination of your choice, and you can choose from thousands of options. Why limit yourself to just one vacation when you have UNLIMITED access to Extra Vacations getaway weeks?

Best Price Guarantee – We guarantee that our Extra Vacations getaway prices are the best available! If you find a better price elsewhere, we’ll refund you the difference.

Add a Guest Certificate – As mentioned above, an RCI Guest Certificate allows you to give the gift of vacation to your friends and family!

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Last Call Vacations – A Last Call vacation is similar to an Extra Vacation getaway, but offers even more value! As with Extra Vacations getaways, you don’t have to exchange your deposited vacation time, but with Last Call vacations you must book within 45 days of travel, and the prices are always less than $300 USD for the entire week!o Guest Certificates are also available for Last Call vacations.

RCI Travel – Book your airfare, hotel stay, car rental and more online - 24/7. RCI Travel online is your link to all your travel needs! Whether you need to book airfare or an extra hotel stay at the end of your resort vacation, RCI Travel online can help make sure all your vacation plans fit together seamlessly.

RCI.com – Becoming a member of RCI gives you access to the exciting and innovative technology at RCI.com. RCI.com lets you search all vacations available to you at the same time, and decide whether you want to exchange a deposit, or book an Extra Vacations getaway! You can even customize your search using any combination of over 15 search filters.

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RCI Points Partner Program – RCI Points members also have the flexibility to use a portion of their annual Point allocation for discounts off the cost of a range of products and services including hotel stays, airline tickets, rental cars, and entry to select theme parks.

RCI Shopping Perks Program – The RCI Shopping Perks program is a cash refund loyalty program that offers a one-stop shopping experience designed especially for RCI subscribing members residing in the United States and District of Columbia. RCI subscribing members can earn cash refunds of up to 25% of the purchase price on items purchased at a wide variety of participating online merchants.

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RCI Travel – Book your airfare, hotel, car and more online - 24/7. RCI Travel online is your link to all your travel needs! Whether you need to book airfare or an extra hotel stay at the end of your resort vacation, RCI Travel online can help make sure all your vacation plans fit together seamlessly.

RCI Cruise – Cruise to popular destinations and fascinating ports-of-call around the world! Exchange 40,000 Points for savings of at least $500 USD or purchase a cruise vacation for cash at member-only special rates and save your points for another vacation.

Endless Vacation magazine – As an RCI subscribing member, you’ll also receive the award-winning Endless Vacation magazine. Inside you’ll find information on where to stay, where to play, where to shop, and where to dine all in addition to a new Member Only section, designed with you in mind!

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RCI Vacation Guides - As a member, you’ll also get access to our expert Vacation Guides! If you need help deciding which one of our 4,500* resorts to choose from, our guides can help. From account-related questions to customized vacation planning, your needs are our top priority.

RCI.com – Becoming a member of RCI gives you access to the exciting and innovative technology at RCI.com. Our new improved search function makes it fun and easy to plan and book your next vacation!

RCI TV – At RCI, we believe that planning your vacation should be as enjoyable as taking your vacation. That’s where RCI TV comes in...RCI TV is your customized resort and destination resource. With RCI TV, you can start experiencing your vacation before you even check-in!

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Membership in RCI enables Manhattan Club Owners to exchange their weeks for any one of over 4,000 locations in 100 countries worldwide.

Blue Tree Resort at Lake Buena Vista Orlando, Florida USA

Club De Soleil Las Vegas, Nevada USA

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Club Donatello San Francisco, CA USA

Aulani, Disney Vacation Club Villas, Ko Olina, Hawaii USA

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Les Naturelles Leukerbad, Switzerland

La Pinta Beach Club Adeje,  Tenerife,  Canary Islands  

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Palazzo del Giglio- Residenza Alberghiera Venice, France  

Oaks Maestri Towers Hotel Sydney, Australia

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In Summary

• The Manhattan Club is a fee-simple deeded ownership in perpetuity. You own it forever and can pass it on to the next generation in your family.

• Ranked among the top 3 timeshare properties in the U.S., one week of a Manhattan Club property can be exchanged for several weeks in many other RCI properties.

• The Manhattan Club is the only timeshare property within the Golden Triangle of downtown Manhattan, and is only a few minutes’ walk from Carnegie Hall, Rockefeller Center, and Time Square.

• The Manhattan Club provides food daily, maid service, a concierge desk, a fitness center, and more, just like a five-star luxury hotel.

• Similar one-bedroom suites in nearby luxury hotels rent for over a thousand dollars a day.

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How to Buy a Manhattan Club Property

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How to Buy a Manhattan Club Property (cont.)

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Contact Peregrine Travel Group

• Feel free to contact Peregrine Travel Group at our Shanghai office for any questions you have about owning a piece of the Manhattan Club.

• Our number is: 86-21- 6667-9668

• Our email is: [email protected]

• Our address is: Peregrine Travel GroupRoom 4211 Nanzheng Mansion580 West Nanjing RoadJingan DistrictShanghai PR China 200041

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