Replay Destinations Company Profile
Background
Replay Destinations, established in 2007, is a fully integrated real estate development company headquartered in Vancouver, Canada. The company specializes in creating authentic and enduring destination properties in some of the world's most sought-after locations, including the continental United States, Hawaii, and the Caribbean.
Key Strategic Focus
Replay Destinations focuses on developing experience-driven destinations that attract individuals who value authenticity and connections to local culture. Their expertise encompasses:
- Destination Creation: Strategy and research, master planning, experience planning, amenity planning, and financial analysis.
- Real Estate Development: Feasibility analysis, planning and design, entitlements, capital sourcing, project management, and construction management.
- Marketing & Sales: Market research, positioning and branding, development concepts, marketing and sales strategy, and sales management.
- Asset Management: Due diligence, acquisitions and dispositions, financial structuring, finance and accounting, and legal and risk management.
Financials and Funding
As of recent estimates, Replay Destinations generates an annual revenue of approximately $4.8 million, with a revenue per employee of $120,000. The company employs around 40 individuals.
Pipeline Development
Mill District, Healdsburg, CA
Replay Destinations is developing a 53-room luxury hotel in the Mill District of Healdsburg, California. This hotel will serve as the centerpiece of a 10-acre redevelopment of a former lumber mill site, featuring residences by architects such as Olson Kundig, owner amenities including a pool and fitness center, retail experiences, and a neighborhood park with preserved heritage redwood trees. Construction is expected to commence in Spring 2025.
YOTELPAD Park City, UT
In partnership with YOTEL, Replay Destinations is developing YOTELPAD Park City, consisting of 144 condominiums referred to as PADs. Located in Canyons Village at the base of Park City Mountain, this project aims to offer affordable resort living with modern design, efficient space planning, and extensive indoor/outdoor amenities.
Technological Platform and Innovation
Replay Destinations distinguishes itself through its innovative approach to destination development, emphasizing:
- Experience-Driven Design: Creating spaces that foster learning, connections, and active lifestyles, integrating architecture, landscapes, and interiors to reflect local culture.
- Sustainable Development: Mindful of environmental and community impacts, ensuring developments are responsible and sustainable.
- Collaborative Partnerships: Engaging with local experts and organizations to enhance authenticity and deliver high-quality experiences.
Leadership Team
- Joe Houssian: Chairman. Former Founder, Chairman, and CEO of Intrawest Corporation.
- Paul Jorgensen: President & Chief Executive Officer. Former Chief Financial Officer at Replay Destinations.
- Greg Ashley: Chief Strategy Officer.
- Paul Woodward: Chief Development Officer.
Leadership Changes
Paul Jorgensen, previously serving as Chief Financial Officer, has transitioned to the role of President & Chief Executive Officer.
Competitor Profile
Market Insights and Dynamics
The real estate development industry, particularly in destination properties, is highly competitive, with a focus on creating unique, experience-driven environments that attract discerning clientele.
Competitor Analysis
- Armour Group: A real estate development company with approximately 95 employees and $8.1 million in revenue.
- Miral: A real estate developer with an estimated revenue of $26.8 million.
- IFA Hotels & Resorts: A competitor in the hospitality and real estate sector with revenues around $177.3 million.
Strategic Collaborations and Partnerships
- Mayacama Partnership: Collaborating with Mayacama, a prestigious golf club and wine country community, to enhance hospitality and guest experiences at the Mill District hotel in Healdsburg.
- YOTEL Collaboration: Partnering with YOTEL to develop YOTELPAD Park City, introducing a new concept in resort living.
Operational Insights
Replay Destinations' strategic approach involves:
- Authentic Development: Creating destinations that reflect and enhance local culture and environment.
- Integrated Services: Offering comprehensive services from planning and design to marketing and sales, ensuring cohesive project execution.
- Sustainability Focus: Prioritizing sustainable practices to minimize environmental impact and promote community well-being.
Strategic Opportunities and Future Directions
Replay Destinations aims to expand its portfolio by:
- Exploring New Markets: Identifying and developing properties in emerging and high-demand destinations.
- Enhancing Technological Integration: Utilizing advanced technologies to improve design, construction, and guest experiences.
- Strengthening Partnerships: Building relationships with local communities and organizations to enhance authenticity and operational success.
Contact Information
- Website: Replay Destinations
- Headquarters: Vancouver, Canada
