Ritz-Carlton Expand Fractional Ownership

10th Jun 2005

Building on its overwhelming popularity, the nearly sold-out Ritz-Carlton
Club, St. Thomas
, announces today the start of sales for 24 new fractional
ownership Club Suites. Sold in the same 21-day interests as the resort’s
current residences, first occupancy for the Club Suites is slated for this
December. Construction is scheduled to commence next week for the new oceanfront
suites. They will reside in two existing buildings previously part of the
adjacent Ritz-Carlton, St. Thomas. Consisting of two-bedroom floor plans
averaging 1,500 square feet, the 24 Club Suites will reflect Mediterranean
décor boasting a casually elegant dining area; kitchenette with granite
countertops, under-the-counter refrigerator, dishwasher and microwave;
richly- appointed master bedrooms with down comforters and pillows and
walk-in closets; Turkish marble in the bathrooms with cast iron tubs;
full-size washer and dryer; and picturesque views of Great Bay from the
balconies. Additionally, an exclusive Member-only clubhouse will provide
light meals throughout the day.

“The tremendous response to The Ritz-Carlton Club, St. Thomas has been
exciting to witness,” said William Coker, director of sales and marketing.
“We already have some early interest in the Club Suites from our current
Members and their friends and family, so brisk sales are likely to

In the tradition of Ritz-Carlton service excellence, The Club provides
Members pre-arrival provisioning of their residence, dining at a variety
of on-property restaurants and the privileged use of the services and
amenities available at The Ritz-Carlton, St. Thomas.

Located on the eastern tip of St. Thomas on a half-mile stretch of beach,
the private Club provides a luxurious vacation home in paradise—without
the maintenance and responsibilities associated with home ownership. It
features deeded, fractional ownership allowing Members and their guests to
use a one- twelfth interest for 21 days annually. Members also have the
opportunity to utilize supplemental time as space allows, and reciprocal
use privileges with other Ritz-Carlton Club locations. Membership prices
for the new Club Suites start at $132,000 per interest.


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