Timeshare For Sports Suites Spreads Across California

Just one year after Owner's Pass, LLC opened for business in the San Francisco Bay Area, Owner's Pass today announced that it offers timeshares of luxury suites in sports stadiums throughout all of California. Today most sports suites are sold as complete seasons affordable only to large corporations and the very wealthy and are often under-utilized. With Owner's Pass, small and mid-sized businesses can afford to entertain clients, prospects, employees, and recruits in luxury suites at a variety of sporting events year-round.

By offering timeshare packages for luxury suites, Owner's Pass dramatically lowers the entry price compared to full suite ownership and helps companies create a package of games that spans the entire calendar year and all pro sports. For example, an Owner's Pass package can be customized to a company's schedule and locations to include a few games at each of the San Francisco Giants, Los Angeles Dodgers, Los Angeles Lakers, San Jose Sharks, and San Francisco 49ers, to name a few.

"We use our Owner's Pass timeshare to entertain clients at the Dodgers, Angels, Lakers, Clippers and Kings," said Art Boren, President of Pacific National Group. "Owner's Pass helps us get the most out of our investment because we can choose the games that work with our schedule and even switch games if our schedule changes. Without the timeshare option, the cost of a luxury suite would have been prohibitive."

Traditional full-suite memberships are estimated to have less than 50 percent utilization. Owner's Pass offers scheduling flexibility so companies can select and change games to suit their needs, leading to a 100 percent utilization rate among Owner's Pass members. In addition, full suite memberships purchased directly from a venue only offer events during that particular sporting season, whereas Owner's Pass members enjoy sporting events year round with one membership.

"Timesharing is a proven business model that has been successful for other expensive assets such as vacation real estate, corporate aviation, and, luxury yachts. We saw the opportunity to extend that model to sports where companies were losing tens of thousands of dollars to under-utilized suites," said John Arledge, CEO and founder of Owner's Pass. "It has struck a chord with companies across the state. Every one of our first-year customers renewed and in just one year of operation we're now meeting demand for sporting events across all of California's major sports venues."

Owner's Pass currently offers timeshare packages of luxury suites including all of the following teams and stadiums:


-- SF Giants -- AT&T Park
-- Oakland A's -- Oakland Coliseum
-- Golden State Warriors -- Oakland Arena
-- San Jose Sharks -- HP Pavilion
-- SF 49ers -- Monster Park
-- LA Dodgers -- Dodger Stadium
-- LA Angels -- Angels Stadium
-- LA Clippers -- STAPLES Center
-- LA Lakers -- STAPLES Center
-- LA Kings -- STAPLES Center
-- Anaheim Mighty Ducks -- Arrowhead Pond
-- San Diego Padres -- Petco Park

Pricing varies by region due to cost variances of the underlying leases; however, Owner's Pass offers timeshare memberships with as few as five events beginning at $25,000. Memberships can be customized with any number of games and ratios of sports. All timeshare memberships include preferred parking, premium catering, open bar, and options for playoffs, special concerts and entertainment events. Without Owner's Pass, a luxury suite for only one stadium and one season is approximately $200,000 per year, and owners do not benefit from the multi-sport, year-round, flexible schedule.