Star Resorts Launches CopperWynd Residence Club Fountain Hills, Arizona

Press Release: Star Resorts
January 16, 2002
SCOTTSDALE, AZ -- Star Resorts has announced the launch of their latest Residence Club at CopperWynd Resort and Club. Located on the border of Scottsdale and Fountain Hills, you'll find this world-class property, an over $20-million resort and country club, one of the most exclusive in the area. The Residence Club is found within an intimate enclave of beautifully designed villas, adjacent to the hotel and spa. Members can own a piece of a true desert haven with the purchase of a one-fifth interest in an impressive, fully furnished, two or three-bedroom villa, or they can opt for outright ownership, with every option in between. With shared ownership, and while in residence, you have all the privileges associated with CopperWynd Resort and Club that include swimming, tennis, a world-class spa and there's the all-new resort restaurant, Alchemy. For golfers, the Club will provide advanced bookings and preferred green fees at Sun Ridge Canyon, The Golf Club at Eagle Mountain and Desert Canyon Golf Club. February 1, 2002 marks the release of the first 20 memberships in the Founding Member Program, each consisting of a one-fifth interest in a two or three bedroom Villa. Prices for these "Founding" memberships, start at just $105,000 for a two bedroom and $130,000 for a three bedroom.

In recent times, shared ownership has become a very popular way to purchase just what you will use, whether it's a corporate jet, a luxury watercraft or a vacation residence. Star Resorts has been successful in providing incredible resort clubs at a number of major destinations, providing Members with all the privileges, services and amenities of a fine hotel along with the pride of home ownership.

With the release of Memberships this February, CopperWynd Residence Club is poised to join the growing number of Star Resorts Private Residence Clubs. Sustained growth in resort development is predicted during the next decade, much of it projected for the higher-end products such as Private Residence Clubs. Executive Vice President, Ron Taskey Jr. states that the announcement of an East Coast Club will be made very soon, placing Star Resorts along with hospitality giants such as Four Seasons and Ritz Carlton in the lead to provide the most exciting shared ownership, vacation homes possible.

Formed in January of 1999 by Richard Feldheim, David Hanna and Ron Taskey Jr.,
Star Resorts is headquartered in Scottsdale, Arizona and offers a unique family of Private Residence Clubs that include CopperWynd Residence Club (Fountain Hills, Arizona), Northstar Club (Lake Tahoe, California), Snowmass Club (Aspen/Snowmass, Colorado), Rancho Mañana (Cave Creek, Arizona), Troon North Club (Scottsdale, Arizona), and Club Palmilla (Los Cabos, Mexico). Star Resorts is located online at www.starresorts.com.

For additional information contact Mr. Ron Taskey Jr., Executive Vice President at
480-922-6801 or email at rtaskey@starresorts.com

SOURCE: Star Resorts