Residence Club Success Prompts Timbers Resorts to Expand Worldwide

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The success of fractional residence clubs allows company’s growth around the world

The success of the Timbers Club in Snowmass, which opened nearly a decade ago, has catapulted the Carbondale-based development company into a worldwide developer and operator of boutique hotels, private resorts and fractional ownership private residence clubs.

Timbers Resorts Founder David BurdenTimbers Resorts founder and CEO David Burden, a Carbondale resident, said the company’s portfolio includes properties in 10 places around the world, and more are on the way. Properties are focused on locations that are ski, leisure and beach destinations. “We don’t go to places that people are fleeing from,” Burden laughed. “We’re pretty diverse and we’re proud to still be in good old Carbondale.”

The fact that Snowmass Timbers Club, a ski-in, ski-out property at the base of Assay Hill, sold out so quickly and few resales have occurred convinced Burden that there was a market for private residence clubs. “That’s how I measure it,” he said. “[Snowmass] started everything.”  Now the company boasts between 160 and 175 employees, with 25 of them based in Carbondale.

The Timbers Collection of Resorts are also in Cabo San Lucas, Mexico; Scottsdale, Ariz.; Tuscany, Italy; St. Thomas in the U.S. Virgin Islands; Steamboat Springs; Napa Valley, Calif. and Ireland. Burden said Timbers Resorts is looking at New York, Playa del Carmen, Mexico, the south of France and Italy for other locations.

The latest endeavor by Timbers Resorts is the Sebastian Hotel and Residences Club in Vail. Located in the heart of Vail Village, the abandoned project had gone into foreclosure. The property, known previously as the Vail Plaza Hotel and Club, had been built by an Argentine developer and while he built a beautiful property, it wasn’t what the market warranted, Burden said. “It was so typical of what someone who is not familiar with this environment did, with nothing very exciting,” Burden said. “Now, arguably we are the signature property in Vail.”  The Sebastian represents the Timbers Resorts’ new focus of boutique-style properties.

Suites at the Sebastian Private Residence Club in Vail, COOpening in January and Timbers Resorts was brought in to reposition the property and add its trademark touches to the 100-room, seven-suite hotel and 36-villa private residence club. The property also is highlighted with two restaurants, a spa, a base camp at the foot of Vail Mountain and a mountain-view pool.  Burden said about $2 million in ownership sales at the Sebastian have closed since December with another $4 million pending.

In February, Burden said there were going to be some high-profile guests staying at the Sebastian this winter. Over President’s Day weekend, First Lady Michelle Obama and daughters Sasha and Malia stayed at the hotel.