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Through constant innovation, enhancements and dedication to guest service, The Reefs is now widely recognized as the best Bermuda hotel. But, Mr. Dodwell’s dreams for The Reefs continued to grow.
In 2003, The Reefs acquired the beautiful piece of undeveloped land next door to the hotel overlooking The Reefs' secluded pink sand beach. Mr. Dodwell had a vision for the property. Extend the hotel’s award-winning hospitality to a limited number of luxury private club residences and offer ownership at a price that matches today’s lifestyle.
The world’s first private residence club was introduced at Deer Valley Resort in Park City, Utah in 1991. Prior to then, skiers paid as much as $6,000,000 to own a Deer Valley vacation home they occupied only four to six weeks a year. The cost of ownership compared to use was extraordinarily high.
Sophisticated vacationers, including those who could afford a Deer Valley home, quickly embraced the Deer Valley Club. It combined shared luxury home ownership with the services and amenities of a fine hotel.
The club filled a niche among discriminating skiers who saw it as a smart way to own in Deer Valley for the vacation time they desired at a fraction of the cost. This new form of ownership is now the fastest growing segment of the luxury vacation home market.
Construction began on The Reefs Club oceanfront residences in November 2007. Mr. Dodwell’s vision became a reality in 2009 when The Reefs Club opened to the delight of new owners.
Like the famous Bermuda hotel, The Reefs Club faces the ocean offering spectacular views of the beach and South Shore sunsets. Perhaps the best part is The Reefs Club offers truly carefree Bermuda living.
As time continues to become increasingly valuable, residence clubs like The Reefs Club will continue to grow in popularity. Owners enjoy abundant and flexible use of a luxury Bermuda vacation home and world-class amenities while paying only a fraction of the cost and encountering none of the hassles of full ownership.
To turn your dream of owning a Bermuda vacation home into a reality, request a free brochure or contact us toll-free at (866) 399-9568. |
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