|Initial Membership Fee||$150,000|
|% Membership Refundable||80%|
|Refund Basis||3 in 1 out|
|# of homes||6|
|# of locations||5|
|Members per Home||6:1|
| Number members (Signature & Portofino)||135|
|% Homes owned||70% (Portofino Overall)|
DescriptionPortofino Destination Clubs filed for chapter 7 bankruptcy in May 2008.
Members could make advanced reservations which could be booked up to a year in advance and space available reservations were booked within 30 days of travel. For all the reservations there was a minimum of two nights.
The club offered two types of membership. For more details read the appREciation article below. The clubs goal was to keep its occupancy ratio below 70%.
The club was headquartered in Greenwood Village, Colorado.Here's where you can start to compare Portofino and the Signature Collection to the other destination clubs