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OPERATION
OF THE PRIVATE LODGING PLAN
Qualified Resort Residence Owners at Caicos
Beach Club Resort and Marina are eligible to place their Resort Residence in
the Private Lodging Plan on an annual basis. Owners who participate
in the plan will derive Lodging revenue while still retaining the
option to use the Lodging facilities through their Club Membership
in Caicos Beach Club.
Caicos Beach Club
Resort and Marina will be operated as a Resort Hotel, however, the
one difference between Caicos Beach Club Resort and Marina and your
local Hotel is that the net proceeds from Lodging Fees go to the
Resort Residence Owner who placed the Unit in the Private Lodging Plan, not
the Hotel owner.
The Private Lodging
Plan will operate as follows:
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Gross Lodging Fees for a quarter
are received
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Gross Expenses for the quarter
are deducted
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Net Lodging Income is given to
the Resort Residence Owner. |
For further information, click here to view the investment proforma.
Click here to learn about our Owner Bonus Program
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