What Is A Private Resort And Is It Worth It?

William Huston, AIF®, AIFA®

by in 0Published on June 07, 2022

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What Is A Private Resort And Is It Worth It?

Vacation!

Just the sound of that word stirs up some excitement, doesn't it? While some people enjoy going for vacations and mingling with others also on holiday, others may prefer going to secluded and more private resorts for a different kind of experience.

If you prefer going on a more private holiday, then keep reading.

What Is A Private Resort?

A private resort is a vacation property that is a hybrid of a high end hotel and villa, that is purposefully designed to be booked out by guests at a time, for exclusive use. Private resorts offer their guests pure comfort and privacy to spend quality time alone or with friends and family.

Regardless of whether you'd like a full itinerary or a vacation where a majority of the time is spent relaxing, private resorts are worth checking out. You can get to stay at the most magical place where you have all the amenities that you need. You will also have access to an entire staff that is dedicated to making sure that you have an amazing experience.

Where Did This Concept Originate From?

ÀNI Private Resorts is considered the world’s first collection of private resorts. Owned by Tim Reynolds, the resort boasts of providing its guests with a combination of ultimate privacy and services and amenities of a five-star resort.

The four locations in which you can find the resorts are: Anguilla, Dominican Republic, Sri Lanka and Thailand.

ÀNI Private Resorts was opened in 2016 and each resort has 10-15 self contained suites. Each property can only be booked by one party at a time. So whether you take up 3 rooms or 10, the whole resort is yours to enjoy!

So then, what has caused an increase in demand for private resorts over time?

Gone are the days when only celebrities and high profile individuals could buy out a whole hotel for the duration of their stay, for ultimate privacy.

When the Coronavirus pandemic struck in 2019, there was a heightened need for seclusion and security, which in turn led to an increase in the demand for exclusive takeovers among ultra high net worth individuals.

Hotels that were not offering such services rushed to change their business models. Private resorts that were already offering such services thrived as they were able to cater to the needs of these individuals.

Today, anyone can book a private resort for their vacation. They offer a serene environment to unwind from life's daily stresses.

If you're looking to stay at a private resort on your next vacation, here are the top 5 that you should consider:

  1. COMO Laucala Island, Fiji
  2. Thanda Island, Tanzania
  3. Cheval Blanc Randheli, Maldives
  4. Time + Tide Miavana, Madagascar
  5. Lizard Island Resort, Great Barrier Reef

Services/Amenities That You Should You Expect While Staying In A Private Resort

Upon booking a private resort, whether you're 2 people or 18 people, and the resort accommodates a total of 20 people, the resort will be all yours during the duration of your stay.

Different resorts have different offerings but here are some of the things that you should expect to experience as a guest:

  • Panoramic views
  • Services from professionally trained staff
  • Gourmet meals made with fresh produce
  • A variety of dining options
  • Swimming pool
  • Kid-friendly activities
  • Spa treatments
  • Access to Wi-Fi
  • Scuba diving
  • Access to all the amenities within the property

In case of any special requests, the staff in a private resort are usually well trained to handle these, so that the guests can have an amazing experience.

Pros & Cons Of Private Resorts

If you're looking to stay in a private resort on your next dream holiday, here are some pros and cons that you should consider.

Pros

1. Homely Atmosphere

A private resort can not only offer you the feeling of luxury and being on holiday, but also that of being in a homely and cozy space. You can be able to completely unplug from the rest of the world or alternatively, maintain your usual schedule while staying on such a property.

They are fantastic for individuals, couples, families or a group of friends looking to have an epic holiday.

2. Privacy

If privacy is a key thing for you, then private resorts are for you.

During the course of your stay, you don't get to interact with any other guests other than the ones that you came with. They are great for travelers on solo trips or for couples on their honeymoon.

3. Beautiful Location

From panoramic views to the warm white sandy beaches, staying at a private resort will have you experiencing some of the most scenic views!

Whether you love the beach or a forest setting, you can literally spend your vacation at the location of your dreams!

Cons

1. Lack of variety

Many private resorts all around the world have similar amenities and offer identical services. If you're an adventurous person, you may find this a bit boring.

Hotels and vacation homes on the other hand can offer you unique services. They also have different interesting activities that you can participate in.

2. Lack of quality time with your kids

At private resorts, there's usually an itinerary for children to keep them occupied throughout the vacation.

For some, this is a great set up. However, if you're looking to spend more time with your children, this might not be the most ideal set up.

3. Not ideal if you love to explore

How most private resorts are designed is that everything that you need, you can access within the property.

If you're a person who might want to interact more with the culture of the locals or visit a couple of restaurants, then you might have to really go out of your way to experience these things. They usually aren't part of the resort offering. This also means that you'll incur extra expenses.

Aside from private resorts, are there other great alternatives for people going on vacation?

Absolutely!

For travelers looking for that homely but still luxurious experience, vacation rentals are a great option for you. Not only are they more affordable, but you can actually get to stay in the home of your dream! Here's an incredible vacation rental that's worth checking out.

Resthaven

Resthaven is a luxury vacation rental located in Venice, California. The home sits on 3,400 sq. ft. and has 4 beds and 4.5 baths. It's close proximity to popular tourist attractions such as Muscle Beach, Ocean Front Walk and the Venice Fishing Pier makes it the perfect home for travelers looking to explore the city.

If you're looking to experience luxury travel, or a company looking to take its staff for a retreat, or a couple looking for a honeymoon destination, then this is the perfect luxury vacation rental for you.

Resthaven offers you a luxurious, safe and private vacation experience, where your only remaining job is to relax and unwind.

For more information on Resthaven, get in touch with us today!

The Bottom Line

The aim of going on holiday is to have fun. So be sure to pick an accommodation option that works for you and your friends/ family, and that will make your experience worthwhile.

Bay Street Capital Holdings

Bay Street Capital Holdings is an independent investment advisory, wealth management, and financial planning firm headquartered in Palo Alto, CA. They manage portfolios with the goal of maintaining and increasing total assets and income with a high priority on managing total risk and volatility. Although many advisors may focus on maximizing returns, they place a higher priority on managing total risk and volatility.

Our founder, William Huston founded Bay Street after 13 years of supporting the United States' largest retirement plan ($650B) Thrift Savings Plan. He is recognized as Investopedia’s Top 100 Financial Advisors for 2021. In California, only two black-owned firms out of nineteen firms received this recognition. In Scottsdale Arizona, Ekenna Anya-Gafu CFP, AAMS is recognized among the Best Financial Advisors for his responsiveness, friendliness, helpfulness, and detail. Bay Street was founded to advocate for diverse and emerging fund managers and entrepreneurs. In 2021, Bay Street was selected as a finalist out of over 900 firms across the US in the category of Asset Manager for Corporate Social Responsibility (CSR).

To know more about Safehaven, contact us today!

Sources

https://www.forbes.com/sites/nicoletrilivas/2021/12/30/what-is-a-private-resort-and-why-you-should-book-one-in-2022/?sh=7205cd294ddc

https://aniprivateresorts.com/sri-lanka/what-is-a-private-resort-and-why-you-should-book-one-in-2022/

https://chinocollection.com/7-reasons-to-stay-in-private-resorts-instead-of-hotels/

https://www.indagare.com/destinations/world/articles/best-private-island-resorts/

https://elitetraveler.com/travel/hotel-news/inside-ani-private-resort-sri-lanka-a-secluded-jewel#:~:text=ANI%20Private%20Resorts%20is%20privately,Anguilla%20and%20the%20Dominican%20Republic.

William Huston, AIF®, AIFA®
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