
The Ritz-Carlton Destination Club, an equity-based, luxury destination club, and Marquis Jet, a leader in private jet cards, have forged a new partnership. For the benefit of their club members and Jet Card Owners, the alliance presents the opportunity to blend the best in the world of private jet cards with a top purveyor of vacation home experiences.
“Our discerning Ritz-Carlton Destination Club Members value the many conveniences Club membership provides,” said Peter J. Watzka, executive vice president and chief operating officer for The Ritz-Carlton Development Company, Inc. (an affiliate of The Ritz-Carlton Hotel Company, LLC). “Now, they can also enjoy simplicity and peace of mind when they join the Marquis Jet Card program, backed by the NetJets fleet.
“The two brands are a natural complement to one another providing ease in air travel and vacation home living. We look forward to introducing The Ritz-Carlton Destination Club to Marquis Jet Card owners.”
“The Marquis Jet Card program will change the way club members travel,” said Mark Sage, executive vice president, business development for Marquis Jet. “Members will be able to fly on their own schedule and remain in control. With consistent, high-quality service and guaranteed availability, the Marquis Jet Card program will enable a new level of efficiency and productivity in Club Members’ personal and professional lives. It’s the perfect program to enable Ritz-Carlton Destination Club members to travel to and from their favorite properties with ease.”
Marquis Jet Card owners have access to the one of the travel industry's premier fractional aircraft ownership program, NetJets, 25 hours at a time with no long-term commitment. In addition, Marquis Jet Card owners select from 10 different aircraft types to meet a broad range of aviation needs. Club members who contact Marquis Jet will receive a complimentary aviation consultation that will assist in matching their individual needs to the ideal aviation solution.
The Marquis Jet fleet is provided by NetJets through an exclusive alliance between the two companies. NetJets, a Berkshire Hathaway Inc. company (NYSE:BRKA), owns the world’s largest and most diversified fleet of more than 800 aircraft.
Depending on a Ritz-Carlton Destination Club member’s vacation aspirations, they may select a Home Club Membership which provides a one- to four-bedroom, titled residence and guaranteed usage at their favorite resort every year, or a deeded Portfolio Membership which affords the opportunity to discover a wide variety of locations, accommodations and experiences.
The new Hotel Exchange Program also enables members who enroll in a Portfolio Membership to utilize a portion of their club points at more than 70 Ritz-Carlton hotels and resorts.
Membership pricing ranges from the low $100,000s – low $800,000s per membership. A typical membership is approximately $250,000.