Elite Alliance Partners with Island Sky on Luxury Fund I
Elite Alliance®, the leader in luxury fractional real estate consulting and sales, vacation home exchange, resort hospitality management, and vacation rental, announced Elite Alliance Real Estate has entered into a strategic partnership with Island Sky Investments via an investment in the company’s Luxury Fund I.
Island Sky Investments is an emerging force in the Caribbean luxury fractional real estate market. Its Luxury Fund I offers investors the opportunity to participate in the exciting luxury fractional real estate sector. The Fund's co-owned residence clubs are being developed in premier, warm-weather locations across the US and Caribbean. These real estate assets offer numerous benefits to investors, including the potential for exceptional returns and the personal enjoyment of world-class vacations. As a result of the partnership, Elite Alliance Exchange and Elite Alliance Hospitality will be retained by the Fund’s residence clubs to provide a vacation exchange network that boasts over 120 coveted destinations and experienced professional management of club operations.
“Our partnership with Elite Alliance Real Estate is an exciting event for our company and our investors,” said Jason Caraway, Island Sky Investments founder and CEO. “They have long been recognized as the pioneer of luxury fractional ownership. Their wealth of knowledge and 30-year track record of success will provide unsurpassed expertise and investor confidence as we move forward.”
Elite Alliance President Rob Goodyear said the new partnership will benefit his companies and Elite Alliance Exchange members.
"This investment in Luxury Fund I underscores our belief in the strategic plan of Island Sky Investments and our dedication to the growth of luxury residence clubs that constitute the core business of the Elite Alliance companies," Goodyear said. "We are confident our partnership with Island Sky Investments will provide more than a healthy return on our investment. It will also accelerate growth of our luxury residence club portfolio and the vacation options available to our Elite Alliance Exchange members."
Both Caraway and Goodyear are enthusiastic about what the future holds. The growing number of luxury residence clubs being developed with the assistance of Elite Alliance companies has convinced both executives that affluent families are increasingly leaning into the sharing economy, and that the momentum in club sales will continue its upward trajectory.
For more information on Elite Alliance Real Estate, Hospitality and Exchange services, please visit www.elitealliance.com, or contact Rob Goodyear at rgoodyear@elitealliance.com or 214.393.2842. For more information on Island Sky Investments, please visit www.islandsky.io or email info@islandsky.io.
About Elite Alliance:
Thirty years ago, Elite Alliance® Founder Steve Dering, created the world's first residence club at top-rated Deer Valley Resort in Park City, Utah. This innovative, fractional ownership model, which increased market size and profitability for developers, became the fastest-growing segment of the vacation home market. As Elite Alliance's portfolio of luxury residence clubs expanded, it introduced Elite Alliance Exchange, a program that allows owners to explore other coveted destinations at nominal expense. Elite Alliance Exchange quickly earned a reputation for first-class customer service in facilitating and coordinating exchange vacations. As a result, Elite Alliance Hospitality was created to provide robust hospitality and rental management services for residence clubs, hotels, and resorts that improve operational performance and client satisfaction.
Today, Elite Alliance continues to set the standard for excellence in fractional real estate consulting, vacation exchange, and hospitality management — always guided by a commitment to integrity and innovation.