Private Retreats by Abercrombie & Kent Acquires New Properties

Private Retreats by Abercrombie & Kent,  a premiere destination club, announced today the acquisition of new resort properties in three prime U.S. vacation destinations - Squaw Valley, California; Outer Banks, North Carolina and Deer Valley, Utah.

Private Retreats by Abercrombie & Kent provides the experience of owning multiple vacation homes throughout the world at a fraction of the cost.

"The recent partnership with Abercrombie & Kent has caused an incredible surge in membership sales. To keep up with our members' virtually unlimited use of properties, our portfolio of luxury residences will continue to grow. These recent acquisitions are truly exceptional additions to our collection of five-star destinations," said Mr. Larry Langer, Director of Acquisitions for Private Retreats by Abercrombie & Kent.

The new acquisitions include multiple properties at The Village at Squaw Valley in Olympic Valley, California; Alpine Meadows, California; The Currituck Club, Outer Banks, North Carolina and The Black Bear Lodge in Deer Valley, Utah.

"Our goal continues to be to provide Members of Private Retreats by Abercrombie & Kent luxury residences in some of the top resort locations, places which continually exceed the expectations of our members. These new acquisitions offer some of the best skiing and snowboarding in the West, along with world-class mountain biking, fishing, horseback riding, golf and one of the best undiscovered beaches on the East Coast," said Geoffrey Kent, Chairman and CEO of Abercrombie & Kent.

The Club offers its members unlimited access to over 60 world-class destinations on all seven continents including residences and yachts in Nevis, Jackson Hole, Cabo San Lucas, Telluride, Tortola, Hawaii and Scottsdale. Also available are the Club's luxury suites in Paris, London, Rome, New York, San Francisco, Miami and San Diego. Abercrombie & Kent safaris and tours provide members with annual vacations to some of the most luxurious adventure destinations throughout the seven continents. Members also enjoy access to private jet and turbo prop aircraft through the Club owned fractional jet interests.

Headquartered in Southport, Connecticut, U.S.A., Private Retreats by Abercrombie & Kent currently has over 300 members with a maximum capacity of 400.