Lusso filed for Chapter 11 bankruptcy last December and since then several other destination clubs have been looking at making offers to the club and its members.

Equally Lusso members have been reviewing the various directions and offers that are available to them. Some of the Lusso members that SherpaReport has talked to are actively looking at other destination clubs and the offers that they are putting forward to Lusso members.

Tomorrow evening, Abercrombie & Kent Residence Club is holding a conference call for all Lusso members. The details are in the short note from A&K below:

Abercrombie & Kent Residence Club has prepared a unique transition offer to benefit all Lusso members. To further explain and answer questions about the offer, management of the Abercrombie & Kent Residence Club would like to formally invite all Lusso members to join them on a conference call.

Conference call details:

 Date: Thursday, February 5, 2009
 Time: 7:00 p.m. Central Time
 Call  Details: Please contact Christian Banovich at 630-725-3400 x 284 to obtain the call in number and password