05 Jul The Hideaways Club Celebrates 10 Years of Success
2017 marks the 10-year anniversary of the successful property fund, The Hideaways Club. Since its inception in 2007, The Hideaways Club’s property portfolio has grown from 11 residences to 52 properties across 21 destinations worldwide. The success of The Hideaways Club is reflected in its membership which has gone from 40 founding members to over 500 global members. Unlike many funds, The Hideaways Club is an open-ended fund that can be passed down to future generations ensuring its long-term viability. As the fund celebrates 10 years of growth and expansion, it is evident that the global sharing economy continues to go from strength to strength. The Hideaways Club offers the best of both worlds; hassle-free property ownership with access to properties that have an average value of £1.3 million, and are shared with like-minded people across the world.
The Hideaways Club continues to expand across the globe, in part due to its member referrals which account for over 35% of new member growth, and because of the fund’s 98% concierge satisfaction rating resulting in continued loyalty to the fund. The concierge service is one of the main highlights of the fund as it offers owners the opportunity to experience the hidden secrets of every destination, combined with the highest level of service to ensure that their every whim is catered for. If a member is a wine aficionado or avid golfer, the concierge has the local knowledge and the expertise to organise first-class activities to make each stay bespoke to members’ interests. Each property investment is carefully considered by the fund in response to members’ desires for a certain destination or style of property to ensure that the fund is always up to date with the latest location trends.
The Hideaways Club was created to offer ownership of an equity share in a global portfolio of residences at a fraction of the cost of owning a comparable property. Club membership is only available to a select group of like-minded people. After all, each owner of The Hideaways Club is sharing their homes making it imperative that the members would likely be part of each other’s network. The Hideaways Club’s incredible properties can also be used by owner’s friend and family members, making it an extremely versatile option that suits everyone’s needs.
The Hideaways Club was a pioneering investment fund founded in 2007 to enable those seeking access to luxury properties across the world without the responsibility associated with second home ownership. The Hideaways Club offers a Classic Fund with four investment options starting from £88,000, for those seeking luxury villas and homes across the world. The City Fund offers two investment options and starts from £69,500, designed to suit members wanting access to penthouses in some of the world’s most vibrant cities. Each fund comes with annual fees that start from £3,500 and include all concierge services, maintenance, utilities, and repairs of the building.
As the world’s sharing economy continues to accelerate, the success of The Hideaways Club demonstrates the desire of HNW individuals to engage in smart investments to make the most of their time. Stephen Wise, Co-Founder of The Hideaways Club comments “I remain extremely proud that 10 years after starting, we find that our original vision remains as vibrant and relevant now as when we started and fits very neatly into today’s sharing economy. The Hideaways Club remains the ideal solution for second-home owners wanting to avoid the aggravation of owning a holiday property. Instead we offer our members properties in exclusive locations across the globe, and as the past 10 years demonstrates, we have successfully grown our portfolio and continue to do so, adding a new property in Sicily to the fund just this month. One of the most attractive elements of The Hideaways Club is our five-star concierge service which ensures that every aspect of your holiday is taken care of, from flights and transfers to babysitting and restaurant reservations, we have it covered. As we mark the tenth anniversary of the fund, we are looking to the next 10 years of growth and adding superb properties to our portfolio for our members’ enjoyment.”
Petrie PR is a dynamic boutique Asia based PR agency providing specialist communications strategy for the luxury lifestyle, travel, property, design and spa sectors.
Regionally and internationally connected, our reach spans all the most influential media in China, Hong Kong, Singapore, Taiwan and Indonesia as well as emerging markets including Malaysia, Vietnam and Thailand.
Find out more about us.