Company Chairman Roy Peires is inducted into exchange partner RCI’s Hall of Fame. A new product, Destinations Club - a floating time, multi destination club - is introduced.
Vacation Club is launched and destined to become a hugely successful Points programme. Membership hits 31,000. Club La Costa acquires Duchally Country Estate, near Gleneagles, Scotland.
Official opening of Club La Costa’s premier resort, California Beach, setting new style standards, on the Costa del Sol. TheClub La Costa Foundation, supporting charities, is established and later The Smile Foundation continues this good work with the company’s ongoing support. Club La Costa opens its Travel Club, servicing members’ travel needs; this evolves into the multi-service providing Club La Costa Travel.
2000 and beyond...
Ground-breaking ceremony at Duchally Country Estate, a historic hotel complemented by a state-of-the-art leisure centre, award-winning restaurant and luxury cottages.
A first resort on Tenerife is acquired: Sunningdale Village, along with adjoining land earmarked for future development.
Membership landmark figure of 50,000 achieved. Two further resorts on Tenerife acquired: Paradise and Monterey, confirming the company’s status as the island’s leading resort developer.
20th anniversary celebrated with the acquisition of The Alpine Centre, near Salzburg, Austria, which is appropriately Club La Costa’s 20th fully owned resort. The company’s developing portfolio now includes luxury resorts in Spain, Tenerife, Austria and UK.
Club La Costa creates its own in-house resort development and freehold sales arm, CLC Private Homes, which eventually becomes CLC Estates. A winning formula of luxury freehold resort homes offered with a leaseback programme of guaranteed rental return is established. Some 54 luxury lodges at Duchally are sold between 2004/5, while first phase apartments at Santa Cruz Suites, part of its California Beach Resort in Spain, sell out in 14 months.
Historic Trenython Manor, near Fowey, Cornwall, becomes Club La Costa’s first resort in England. Some 22 luxury, freehold lodges, set within its 24-acre private estate, find buyers within weeks. This year also sees the high demand generated for 47 apartments at its elegant Malibu Mansions in Spain.
Hustyns, a magnificent 90-acre country retreat near Wadebridge, with a hotel, spa with indoor pool and gym, restaurants and outdoor sports facilities, becomes Club La Costa’s second resort in Cornwall. Sales of 28 private cottages achieved inside 8 months.
Club La Costa fanfares the launch of its unique Club La Costa Yacht Club, making sailing holidays previously seen as the preserve of the super rich affordable to its members.
Turkey joins the expanding list of Club La Costa destinations. Some 60 beachfront holiday homes at Adonis Private Residences & Club, in a stunning south-west coast location, are snapped up. A further release of 85 apartments at the same location is sold within 9 months.
Club La Costa offers Rancho Santa Fe, 30 elite style townhouses at its site in southern Spain, with plans being finalised.
The company marks its Silver Jubilee across its entire European operations. The Club La Costa managed 350-unit Apollonium Spa & Beach Resortin Turkey opens to rave reviews.
Club La Costa announces its first mixed use project in Florida, USA, close to Orlando's major theme parks. The resort, Encantada, is due to open in 2011.
Members are also eager to buy holiday homes at a second resort in Turkey, Kusadasi Golf & Spa, which will be the company's, and Turkey's, first residential golf resort. Completion scheduled for 2012.