Ultimate Escapes Appoints Chief Operating Officer

Leading Destination Club Expands Senior Management Team, Hires Robert Glinka as Chief Operating Officer

Jan 19, 2010, 07:00 ET from Ultimate Escapes, Inc.

ORLANDO, Fla., Jan. 19 /PRNewswire-FirstCall/ -- Ultimate Escapes, Inc. (NYSE Amex: UEI and UEI-WT), one of the world's largest luxury destination clubs, announced today the appointment of Robert Glinka as chief operating officer. Mr. Glinka has substantial management experience in the leisure, hospitality and resort business and served as a consultant to Ultimate Escapes since November 2009.

"As a market leader in the luxury destination club industry, we are focused on continuing the growth of our business, delivering high quality member services and maintaining a high level of member satisfaction," said Jim Tousignant, president and chief executive officer of Ultimate Escapes. "We are very pleased to add Bob Glinka to our senior management team. Bob is a seasoned professional in the leisure, hospitality and resort industry and we expect that Bob's management, operational, planning and customer service skills will help us achieve our operational goals in 2010 and beyond. I'm thrilled to have Bob join the Ultimate Escapes team."

Prior to joining Ultimate Escapes, Mr. Glinka served as chief executive officer of Areus Holdings, LLC a privately held business in the hotel segment of the hospitality industry, and previously served in a variety of capacities with Celebrity Resorts, a privately held vacation ownership company, including executive director of acquisitions & development and chief development officer. Prior to Celebrity Resorts, Mr. Glinka served as vice president of development for The Sol Melia Vacation Club and also held executive positions at vacation ownership industry leader Fairfield Resorts. Prior to Fairfield Resorts, Mr. Glinka worked for The Walt Disney Company for more than 20 years, serving in a variety of capacities within functional areas such as accounting, financial planning, business development and operations planning.  

Mr. Glinka holds a BSBA from Western New England College in Springfield, Massachusetts and an MBA from the Roy E. Crummer Graduate School of Business.  Mr. Glinka is a member of Beta Gamma Sigma, the prestigious international honor society which recognizes business excellence.

About Ultimate Escapes®

Founded in 2004, Ultimate Escapes is the largest luxury destination club as measured by number of club destinations, and the second-largest destination club as measured by number of members. Ultimate Escapes offers club members flexible access to a growing collection of hundreds of multi-million dollar private residences and luxury hotels in more than 150 global club and affiliate destinations. Locations range from chic urban apartments to charming beach cottages, spacious five-bedroom homes to an 80-foot private yacht. Each trip is coordinated by experienced, knowledgeable staff, trained to handle every vacation detail. Additional information about Ultimate Escapes and its club and membership offerings can be found at www.ultimateescapes.com.

Forward Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and Ultimate Escapes.  Words such as "expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations of such words and similar expressions are intended to identify forward-looking statements. Although Ultimate Escapes believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Ultimate Escapes. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, future operating or financial results; expectations regarding the strength of the future growth of the luxury destination club industry; future acquisitions, business strategy and expected capital spending; general market conditions and industry trends; risks associated with operations outside the United States; and other factors listed from time to time in Ultimate Escapes' filings with the Securities and Exchange Commission at http://www.sec.gov. Ultimate Escapes expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Ultimate Escapes' expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

SOURCE Ultimate Escapes, Inc.