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Too much transparency?

Written by Jamie Cheng 05/19/2006
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We frequently harp on the importance of transparency. Disclosure and Assurance are themes we’ve emphasized in past entries (here and here). Is it possible for a destination club to be too transparent?

If they’re developing homes modeled after Apple’s new flagship store (aka the “Cubic Louvre”), that might be a bit much, but we’ve found at least three clubs that will provide audited financial statements to prospects who sign a non-disclosure agreement:

Evaluating destination clubs can sometimes feel like walking a glass bridge above the Grand Canyon (which is way too much transparency for someone with acrophobia, like me). Our Decision Guide to Destination Clubs addresses those fears, as seen in this excerpt from our section on transparency:

“Destination clubs are private ventures and under no obligation to disclose intimate details of the working model. However, you as the consumer have a right to ask tough questions to ensure you’re comfortable joining a particular club. The financial commitment is not trivial and the viability of these new ventures is a critical factor in the decision process.”

Email us at tips@heliumreport.com to let us know your destination club fears.

Or, request the Decision Guide to Destination Clubs and read our more than 50 pages of analysis. It lacks Tennessee William’s unicorn symbolism, but does include 175 Key Due Diligence Questions to ask.

skywalk_485.jpg Illustration credit: Graham Murdoch

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