Todd Peter
North Palm Beach, FL (USA)
Role(s):
Legacy Destinations
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Startup
Location:
North Palm Beach
Industry:
Real Estate
Year Founded:
2007
Number Employees:
INVALID
Description:
Legacy Destinations was created to offer a more competitive approach to the destination club industry. Company founders have developed a business model with a clear competitive advantage over the competition.
The destination club model is based on members sharing a portfolio of fully furnished, multi-bedroom homes in various destinations around the world. Similar to a golf club membership, members pay an initiation fee and annual dues for exclusive scheduled access to homes with accompanied five-star service. However, unlike a golf club membership, members travel to beach, mountain, and city residences in the portfolio for distinctive luxury vacation experiences.
In the last several years, the industry has expanded rapidly to a billion dollar industry with an average home value of