Destination clubs, residence funds and luxury travel clubs provide their members with access to multiple luxury vacation homes, located all over the world. The homes are typically multi-million dollar residences, and are sited in major cities, at beaches, in mountains and leisure locations.
Membership of the clubs is an alternative to buying a second home. The clubs are sometimes also compared to, or even mixed up with, private residence clubs, but there are several key differences between the two.
If you're just starting out learning about the clubs and funds read the overview and the glossary. Then you can start to compare them in the comparison table. One way to financially compare them is using a cost per night calculation and we've provided downloadable spreadsheets for these calculations. Here are the top reasons to join a club, but they are not for everybody and here are the reasons not to join.
And for a real in-depth look at the clubs, their homes and services, comparisons to alternatives and questions to consider before joining, download our Guide for Prospective Members.
The latest news and research on the clubs is included below.
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Membership in the Equity Estates Fund grew to over 130 families in 2010. The fund has a portfolio of multi-million dollar vacation homes, which the member investors use for their family friendly vacation experiences.
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The new destination club has recently added two new three-bedroom residences in Vail,
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The first fund launched by The Hideaways Club offers ownership and use of beautiful vacation villas around the world. This
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For its newest luxury home fund, Rocksure has partnered with Quintessentially the global concierge and lifestyle company. The Quintessentially Rocksure Platinum Fund plans to buy 5 beautiful houses in 5 destinations with each house valued at between US$3 and 5 Million.
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- Written by Nick Copley
The newest club property is at the base of
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The
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Destination clubs are all about creating memories with family and friends. The Ritz-Carlton Destination Club has created a way for young members to explore exciting places, make great vacation memories and have fun. The new Adventure Passport program allows children to have five distinctive experiences at nine of The Ritz-Carlton Destination Club locations throughout North America and the
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- Written by Nick Copley
Like most destination clubs, Exclusive Resorts the worlds largest, offers a host of services to its members. For new members who buy a membership by Dec. 15, 2010, Exclusive Resorts will give you a $10,000 gift card good toward additional services such as customized excursions, private chefs, tee times, spa services, and other experiences.
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- Written by Nick Copley
Following on from its agreed acquisition of Ultimate Escapes, new club Demeure has been working hard to bring the Ultimate Escapes members onboard and into the club.
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Last month, 100 members and guests of Exclusive Resorts returned home from Australia. This was the seventh and final continent visited through the clubs popular Once in a Lifetime program.
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The new destination club has recently announced two new homes in the Wyoming vacation resort.
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These two equity based destination clubs announced a mutual exchange of time at their residences, providing their members with access to a larger selection of luxury vacation homes.
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Demeure has been selected as the successful bidder for a bulk lot in the bankruptcy estate of Ultimate Escapes, the second largest destination club. SherpaReport talked to Peter Schwartz, Chairman and CEO of Demeure, about his plans for the club.
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SherpaReport spoke yesterday to Ben Addoms and Todd Miller of Quintess about the launch of their new destination club, DUO.
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- Written by Nick Copley
The worlds largest destination club has created a one year trial offer just for Ultimate Escapes members.
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- Written by Nick Copley
After a harrowing few weeks and months of looking for options, the second largest destination club filed for bankruptcy protection today.
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- Written by Nick Copley
The second largest destination club measured by the number of members is undergoing a major restructuring. The clubs large debt level and the ongoing slow economy have brought it down.
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New members who join the club before December 15, 2010 enjoy an additional fifteen complimentary nights over the next three years.
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We’ve heard from Exclusive Resorts that June and July this year were the best back to back months for new members joining the club, in over two years.
Latest Club Research
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Reviewing Luxury Vacation Home Alternatives - Additional Benefits at Equity Destination Clubs
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Who Joins a Destination Club – The Demographics - Guide to Destination Clubs Has Been Updated
- The Pain of Owning a Vacation Home
- Time is the Ultimate Luxury
- Destination Clubs - Should I Rent or Buy?
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Top 5 Reasons NOT to Join a Destination Club -
The Top 7 Reasons to Join a Destination Club - Increasing Interest in Purchasing Access to a Shared Vacation Home
Latest Club News
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How Value-Added Remodeling Transforms Equity Residences Homes -
Inspirato Rewards, New CEO and More -
Exclusive Resorts Expands Partnerships & Destinations -
The Top 10 Reasons to Join a Travel Club -
The August Collection - A New European Co-Ownership Group -
Equity Residences Adds Home Overlooking Central Park & Completes Belize Remodel -
Why Members Joined Exclusive Resorts -
Inspirato Launches JauntLiving and Inspirato for Good. -
Further Growth at Destination M With New York Home -
Equity Estates and the Introduction of Fund VI: The Philip Mekelburg Interview