The latest surveys of
existing residence club members show a 96%
satisfaction rating, and waiting lists are commonplace
among the
leading operators. For more
information please call 1-866-SIG-DEST (1-866-744-3378)
or visit us at
www.
equity market. The interview is available and archived on the Bloomberg
Professional
service via AV ., discussed the company's fourth-quarter
profit, advertising revenue and growth outlook
on Bloomberg Television's
"Morning Call. The interview is available
and archived on the Bloomberg
Professional service via AV . 2132
hrosen@sensorlogic.com
moderated tamm
Residence Clubs
Rock the Vacation Industry; Ten Questions to Ask to Make Sure You Pick a Club That is Right for You
But rather than access to a single golf course as with a
country club, members of residence clubs
enjoy the use of a portfolio
of high-end homes in resort destinations.com), established the market
by targeting the
super-affluent, providing this elite group a portfolio of
multi-million dollar
homes in exciting resort destinations for a
membership deposit ranging from $275,000 to over $500
,000. It may be better to
get 80% of your deposit back than risk receiving 100% of nothing. A portion
of these
dues is also used to cover expenses related to the high-end travel
services, such as
travel planning and in-residence services. Because
the average second home is 186 miles from the
primary residence, this
club has employed a regional hub model with national scope. Signature Destinations
members pay a one-time
membership fee, which is 80 percent refundable upon membership
resignation
, in addition to annual dues to join and maintain access to
the club's properties.New Release Adds
Features, Functionality, Scalability and Performance to Help
Bring M2M Solutions
Swiftly to Market
DALLAS, SensorLogic, provider of the M2M industry's
most comprehensive
data management platform, today announced the release of
M2M Platform v2.approval oblique
How does the club handle
peak holiday periods? Christmas,
spring break, and the 4th of July are examples of holidays in peak
demand. Also, consider the membership ratio once again as an
indication of how many people are
vying for reservations during these
peak demand periods. If the
majority of a residence club's
portfolio of homes requires air travel
it clearly impacts the total cost of ownership. The
BLOOMBERG
PROFESSIONAL(R) service and Bloomberg's media services provide real-
time and archived financial
and market data, pricing, trading, news and
communications tools in a single, integrated package
to corporations, news
organizations, financial and legal professionals and individuals around the
world. In
addition, BLOOMBERG PRESS(R) publishes books for investment professionals.
"Our
latest release is another major step in allowing organizations to
rapidly build cost-effective, flexible
and powerful machine-to-machine (M2M)
solutions," said Dr.brian ambient
The company's unique strategy,
based
on a regional model, offers its members access to a collection
of homes within driving distance of
their primary residence in
addition to a national portfolio of homes averaging $750,000 in value
for a membership deposit of $125,000. 48:1 in
timeshares), the fact is that you are still sharing
homes with other
members. Their
regional model targets specific markets and provides members within
these markets access to numerous vacation homes within driving
distance.com
Through AV on the Bloomberg Professional service, Bloomberg users
watch Bloomberg Television
, listen to Bloomberg Radio and access stories on
demand from around the world in video and audio
formats in real time on their
desktops.ambient eno
Most clubs provide up to 8 weeks of use per year, but
limit
the time you can stay in a single property to 2 or 3 weeks. If
you see yourself as a snowbird --
summering in the north and wintering
in the south -- then odds are a second home is more appropriate
for
you. What portion of your membership deposit is refundable? Most
clubs charge a "transfer
" fee of approximately 20%, meaning your
membership deposit is only 80% refundable.
4. What is
the total cost of membership on an annual basis?
Residence clubs charge annual dues to cover property
expenses such as
maintenance, utilities, real-estate taxes, etc.
Tuesday, January 17
Andy Bryant, Executive Vice President and Chief Financial and Enterprise
Services Officer, Intel
Corp.sensorlogic.wishful sonic
com) is leading the way
for the mass-affluent, with a product offering designed
around this
market segment's travel preferences. As a general rule, a $75,000 deposit will get
you
access to homes around half a million dollars while a $500,000
deposit will enable you to use properties
in excess of three million
dollars. A few clubs offer a 100% refundable membership fee. With the
recent success of residence
clubs, several new companies have entered the market with lower
membership
deposits but higher member ratios (some as high as 12:1). If your travel preferences match a residence
club
lifestyle, then pick a club, pack your bags and enjoy the newest way
to vacation.boom vertical
Make sure
you are comfortable with the
debt to asset ratio of the club you are considering joining., discussed
the company's fourth-quarter profit
and the outlook for 2006 on "Bloomberg Live" on Bloomberg Television
. The
interview is available and archived on the Bloomberg Professional service via
AV . Additional
M2M Dashboard features allowing "at a glance"
interpretation of sensor data, support for self-configuring
devices and dial-
in voice interface for managing alarms also are part of the new features
offered
with this release.enoweb eno
com) and Exclusive Resorts
(www.
While this is an attractive offer, make sure
the company is
financially secure enough to keep its promises. How do I know my deposit is secure?
This is a very important
question. Yet like typical residence clubs, their members also enjoy a
national
portfolio of vacation homes.signaturedestinationsclub. Bloomberg's multimedia functions
are available
to all Bloomberg users as part of the Bloomberg Professional
service, reflecting Bloomberg's commitment
to add value to its all-inclusive
desktop product. Bloomberg's media services include BLOOMBERG
NEWS(R), the global news
service with more than 1,900 staff in 125 bureaus worldwide; BLOOMBERG
TELEVISION
(R), the 24-hour business and financial network produced and
distributed worldwide on ten separate
channels in seven languages; and
BLOOMBERG RADIO(SM), which provides up-to-the-minute news on XM
, Sirius and
WorldSpace satellite radio around the world and on WBBR 1130AM in New York. More information
can be found at
http://www.audiolab sonic
This transfer fee is used
to cover new member acquisition costs as
well as a portion of the
club's overhead. Make sure
there is a limit, based on CPI (the consumer
price index) to how much
the club can increase your annual dues from year to year.
About
Bloomberg
Bloomberg is the leading global provider of data, news and analytics. For
more information
please visit http://www.moderated nerve
Make sure the club you are considering keeps enough assets
on hand to refund
your deposit should you decide to exit the club.
While this decreases the overall cost of membership
, the net effect is
reduced availability. In an effort to evenly allocate usage on such holidays,
residence clubs either charge a premium or initiate a "lottery system"
in an attempt to make this
process fair and equitable. Some
clubs charge nightly fees in addition to annual dues to help cover
these expenses.
9. Signature Destinations' homes have a
median value of three quarters of a
million dollars and are spacious,
elegantly designed, beautifully appointed and offer personalized
services and amenities.audiolab nerve
abercrombiekent. Signature
Destinations (www.signaturedestinationsclub
. Is a residence club right for you? Residence clubs are not
right for everyone. How available are
the properties? Residence clubs promote
anytime, anywhere availability. Where will you go first?
About Signature Destinations Club:
Signature Destinations Club(TM) LLC is the first regionally
focused, luxury residence club. These events are archived on the
Bloomberg Professional service
for Bloomberg users to access on an ongoing
basis. These functions allow Bloomberg customers to
see and hear
live and archived news from their desktops.com.ambient discussed
Every club is structured a little differently
, so
take the time to ask the following questions to make sure you have the
information you need
in order to make the right decision for your
family:
1. While they provide upscale service
and flexible
access to dozens of homes in exciting destinations, they do have their
limitations
. Be sure to ask how the time in the homes is allocated to (or
divided between) the members. Make
sure you figure out what the total cost of
membership will be on an annual basis by adding the total
nightly fees
you anticipate incurring on your vacations to the annual dues. Members enjoy
best
-of-both-worlds access to local vacation destinations within
driving distance of their primary residence
, as well as desirable
locations around the country.
Thursday, January 19
Daniel
Vasella, Chairman and Chief Executive Officer, Novartis AG,
discussed the company's fourth-quarter
profit, new products and the outlook
for 2006 on Bloomberg Television United Kingdom.
"
SensorLogic's M2M Platform enables rapid implementation, from concept
through deployment
, of a number of customizable solutions that are based on
sensor + communications technologies, with
the data applied to business rules
called "behaviors.ambient moderated
While property availability in
residence
clubs far surpasses that of timeshares due to a lower
member-to-resident ratio (typically 6:1 in
residence clubs vs.S.bloomberg. Demonstrations also are available by contacting
the company or one
of SensorLogic's Companion Technology Partners.thinking brian
5. The industry
standard is roughly 2% over CPI
. This is the latest in a series of enhancements to the
company's open source solution. Jeff Smith
, SensorLogic President + CEO.audiolab generative
Lifestyle Editors
SEATTLE----Residence clubs have come
from
nowhere to become the talk of the vacation industry.exclusiveresorts. Find out
exactly how the system
works.fringe tamm
" The interview is available and archived on the Bloomberg
Professional service via AV .S
. Bloomberg Radio WBBR 1130 AM is accessible to Bloomberg users
via AIR .ambient edwards
Bloomberg TV Highlights
From the Week of Jan. 16
Wednesday, January 18
Susan Decker, Executive Vice President
of Finance and Administration and
Chief Financial Officer, Yahoo! Inc. Bloomberg's ten global TV
channels are accessible to Bloomberg users
via VID .SensorLogic Releases New Version of Industry
Leading M2M Platform
generative audiolab
Industry
averages range from twenty to fifty percent. The concept
combines
flexibility and increased availability with high end
services, for a fraction of the cost of traditional
second home
ownership. The company is a unique, private club
offering a membership-based program
that provides virtually anytime,
anywhere access to an ever-expanding portfolio of residences, without
the hassles or expenses of vacation home ownership.3.
Dedicated to making M2M application development
easy and cost-effective,
SensorLogic is the first provider that makes it so easy to take commercial
grade M2M solutions from Concept to Deployment -- while decreasing time-to-
market and driving
down costs.tamm boom
Industry leaders,
Abercrombie and Kent (www.
7.approval screensavers
How will transportation costs affect
my annul budget? While
transportation costs are certainly not covered by the residence club,
it
is prudent to factor them in as a part of the total cost. The interview is available and archived on
the Bloomberg
Professional service via AV .
"SensorLogic has exceeded my expectations with
the latest platform +
system improvements," said Rod Montrose, President + CEO of AVIDWireless,
makers
of flexible M2M gateway devices such as the AVIDirector.sonic boom
8. Where will your first vacation be? Residence
clubs are the
long-awaited breath of fresh air in the vacation industry. The company is based in
Seattle, Wash. NEW YORK, Bloomberg, the leading global provider
of data, news and analytics,
today announced highlights of the live events and
interviews that were featured on Bloomberg Television
(R), Bloomberg Radio(R)
and the Bloomberg Professional(R) service during the past week.
Friday, January 20
John Horner, Currency Strategist, Deutsche Bank AG, discussed the outlook
for U. Federal Reserve policy, Bank of Japan policy, and commodity-linked
currencies such as the
Australian dollar, on "Bloomberg Live" on Bloomberg
Television." The platform supports applications
including remote
monitoring and control, outage notification and response, mobile asset
tracking
and protection, energy and resource conservation, predictive and
preventive maintenance, performance
optimization and market and business
Intelligence.approval moderated
10.boom discussed
The concept
is simple: similar to a
traditional country club, members pay a
membership deposit and annual dues to join and access the
club's
properties. How much do you want to spend? If you decide that residence
clubs fit your
lifestyle, you must then decide how much to spend.
3. If the club sells certain holidays times
at
a premium, they may limit your ability to use the property during
that holiday. A residence club
that
effectively addresses this issue is Signature Destinations. "We continue to
be a customer
driven organization, which leverages market requirements to live
up to our tagline, 'M2M Made Easy
'."
Demonstrations of the new release can be seen at M2M for Total Asset
Management conference
and exhibition in Miami May 24 and 25 and at the M2M
United in Chicago June 27-29.
About
SensorLogic
SensorLogic is an M2M platform provider that offers customizable
monitoring and
control applications for a wide variety of vertical markets.
Based in Dallas, SensorLogic provides
all necessary components and device
management capabilities with a comprehensive data communications
service.com
CONTACT: Henry Rosen
(972) 934-7375 ext.fringe oblique
The new release
's feature and functionality improvements include
SensorLogic's distributed agent, or "Access Point
" technology, which pushes
intelligence to the network fringe and helps reduce transmission costs
.edwards approval
As residence clubs gain popularity and approach the anticipated
sales plateau of $2 billion per
year, consumers will have a wider
selection of product offerings to choose from.
2. All
residence
clubs charge a one-time, refundable membership deposit
ranging from $75,000 to over $500,000 (depending
on the value of the
homes in the portfolio).
Exclusive Resorts, for example, promises members
that they will keep
80% of their deposit (the refundable portion of a member's deposit) in
either
cash or hard assets.
6. Is there a cap on the annual increase to my dues? As a club's
expenses
increase due to increasing property taxes, utilities and
other expenses, it will have to increase
your annual dues.
Highlights from the past week include:
Monday, January 16
On a special edition of Bloomberg Television, Don Schreiber, President and
Chief Executive Officer
, Wealth Builders Inc., and Vern Hayden, President,
Hayden Financial Group LLC, discussed investment
risk factors and the U. Through LIVE on the Bloomberg Professional service,
Bloomberg users access
live coverage of events including press conferences,
company presentations, industry forums, trials
and extended interactive
interviews with Bloomberg Television guests.
SensorLogic's platform
and the solutions it enables are currently in use
in a wide range of vertical industries including
industrial automation, tower
management, building automation, oil and gas and transportation. It
also includes enhanced logging and reporting, third-party billing
capabilities, which allows service
providers to aggregate carriers for least
cost routing, and dramatic upgrades in performance, redundancy
and
scalability. "This
represents another big step to enable end users and service providers
to
swiftly implement powerful M2M solutions, using the open source M2M XML
protocol along with
companion technology like our AVIDirector.vertical ambient
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