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New survey finds 4 in 10 travellers leave the province without travel insurance

New survey finds 4 in 10 travellers leave the province without travel insurance

CTV News5 hours ago

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Kaitlynn Furse from CAA describes travel insurance as an 'important investment' when leaving on a flight or road trip.

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U.S. border processing streamlined via facial recognition at Toronto Pearson, Montreal-Trudeau
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U.S. border processing streamlined via facial recognition at Toronto Pearson, Montreal-Trudeau

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Exclusive Resorts Expands into Branded Residential with Costa Rica Launch
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National Post

time8 hours ago

  • National Post

Exclusive Resorts Expands into Branded Residential with Costa Rica Launch

Article content New residential initiative marks the next step in the company's strategic diversification—from a private club focused on luxury travel to a fully integrated lifestyle platform for the ultra-high-net-worth. Article content DENVER — Exclusive Resorts today announced the launch of a new branded residential vertical, marking a strategic step in the company's transition from a private club focused on luxury travel to a fully integrated lifestyle platform for the ultra-high-net-worth. The initiative is designed to deepen engagement with Exclusive Resorts' 4,500 Member families seeking extended stays and ownership opportunities, while also positioning the brand to capture new demand in the growing branded residential segment. Article content Article content While The Club will remain the cornerstone of the new travel and lifestyle platform, the move underscores a broader diversification strategy—recently endorsed by investment from Kemmons Wilson Hospitality Partners, a private real estate firm and strategic investor in Exclusive Investments LLC, the newly established holding company of Exclusive Resorts. Article content 'Exclusive Resorts has established a best-in-class platform, and we're proud to help accelerate its next phase of growth,' says Webb Wilson, CEO and CIO at Kemmons Wilson Hospitality Partners. 'We focus on backing exceptional management teams and empowering them to build enduring value. Exclusive Resorts has built something truly rare: a loyal Member community, an exceptional service ethos, and a leadership team that understands how to scale. We look forward to supporting this next chapter as the brand expands thoughtfully into residential real estate and continues building a lifestyle platform with long-term relevance.' The inaugural residential project will break ground at Punta Cacique, a master-planned coastal development on Costa Rica's Cacique Peninsula, just 25 minutes from Liberia International Airport. The site plan is being developed in partnership with Hart Howerton, the internationally recognized architecture and planning firm known for its work on high-end resorts and residential communities. Exclusive Resorts' entry into branded residential builds on The Club's 20-year track record of disciplined capital deployment and operational oversight of a $1 billion real estate portfolio, including 21 residences on Costa Rica's Peninsula Papagayo. 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Article content Ownership, Reimagined: A Model That Extends Beyond the Home Article content Existing Members of Exclusive Resorts will receive priority access to purchase homes in the initial release with sales expected to begin in early 2026 during the project's pre-construction phase. Select homeowners will have the option to place their residence—professionally managed and operated within the Exclusive Investments platform—into a closed-network portfolio. Unlike traditional vacation rental models, this approach offers owners the opportunity to generate income while retaining greater control over how, when, and by whom their home is used—providing peace of mind to those who value both return and discretion. The homeowner experience is expected to reflect many of the same service hallmarks that have defined The Club. Article content Since its inception in 2002, Exclusive Resorts has evolved into a highly curated community of Fortune 500 executives, leading entrepreneurs, Michelin-starred chefs, renowned artists, and elite athletes. For those who join The Club, ownership extends far beyond a single residence—it becomes a gateway to a broader, experience-driven lifestyle. This integrated model sets the offering apart from traditional vacation-home ownership, providing access to an expansive portfolio of 400+ luxury residences and rare experiences across 75+ destinations, along with priority invitations to exclusive events around the world. Article content A New Vision for Luxury Living in Costa Rica Article content Punta Cacique, a new 600-acre coastal development on Costa Rica's Cacique Peninsula, blends high-end hospitality, residential real estate, and regenerative design in one of the world's most sought-after locations. Backed by Revolution, the investment firm founded by AOL co-founder Steve Case, the project reflects a growing demand for purpose-driven luxury rooted in wellness, sustainability and cultural authenticity. Waldorf Astoria was the first to develop on the peninsula, opening a flagship hotel and branded residences in April 2025. Punta Cacique also has plans to include a working farm, equestrian center, wellness campus, and a locally curated commercial village. Article content 'Punta Cacique represents the future of luxury living—not a private enclave behind gates, but a vibrant, open community shaped by connection and everyday wellbeing,' says Steve Case, chairman and CEO of Revolution, and chairman and majority owner of Exclusive Resorts. 'Exclusive Resorts, with its long-standing presence in Costa Rica and its mission to help Members live more meaningful lives, perfectly aligns with that vision, making it a natural fit for this project.' Article content Exclusive Resorts has an active pipeline of additional branded residential projects in development, with further announcements expected early next year. Article content About Exclusive Resorts Article content Exclusive Resorts, the world's leading members-only club dedicated to luxury travel and curated experiences. Founded more than two decades ago, Exclusive Resorts has evolved into a fully integrated lifestyle platform—curating not just where its 4,500+ Members travel, but how they live richer, fuller, and more meaningful lives. With an ever-expanding portfolio valued at over $1 billion comprising 400+ private residences, rare experiences, award-winning partners, and an unmatched global network of industry leaders, tastemakers, and visionaries, The Club continues to redefine the art of living well. Exclusive Resorts is majority-owned by Steve Case, co-founder of AOL and chairman of Exclusive Resorts, and led by James Henderson, CEO. Exclusive Resorts is building a fully integrated lifestyle platform for the ultra-high-net-worth. In 2025, the company expanded into branded residential real estate, leveraging two decades of operational expertise and a global Member community to redefine ownership-led hospitality. For more information, visit About Kemmons Wilson Hospitality Partners Kemmons Wilson Hospitality Partners ('KWHP') is a hospitality-focused investment management firm founded in 2017 by the 3 rd generation of Kemmons Wilson family, the visionary founder of Holiday Inn hotel chain. Upholding the family's legacy, KWHP manages value-add and opportunistic flagship funds as well as its Core Plus strategy focused on high-quality, income-generating assets. With approximately $500 million in assets under management, KWHP invests various capital structures throughout the USA. KWHP brings deep expertise across all facets of the hospitality sector including design, development, construction and operations, including limited‐service hotels, full‐service luxury resorts, timeshares, and short‐term rentals. For more information, please visit Article content Article content Article content Article content

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