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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- Written by Nick Copley
Destination clubs Quintess, A&K Residence Club and Equity Estates have all made offers to Lusso members.
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- Written by Nick Copley
The equity destination club has just announced some changes at its senior level.
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- Written by Nick Copley
Last month destination club Exclusive Resorts sent its "Year in Review" document to its 3,500 members. This included a section covering the clubs Net Asset test.
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- Written by Nick Copley
"Nobody likes this but they understand and are supportive" said Jim Tousignant, CEO of Ultimate Escapes when commenting on his clubs recent member assessment.
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- Written by Nick Copley
In its most recent newsletter to members the equity destination club looked forward to several firsts this year. SherpaReport caught up with Jarvis Slade, President of the club, to discuss these initial events.
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- Written by Nick Copley
Lusso filed for Chapter 11 bankruptcy last December and since then several other destination clubs have been looking at making offers to the club and its members.
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- Written by Nick Copley
In a note sent to members today, the destination club Ultimate Escapes said that it had "already received commitments from over 600 Members to pay the Assessment." The club says that as a result it has passed the minimum level it had set for the Assessment requested two weeks ago.
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- Written by Nick Copley
The Luxus Group, has been expanding its Luxus Vacation Properties fund to acquire 13 homes throughout North America. Investors in the fund have access to all these vacation homes.
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- Written by Nick Copley
A week ago Ultimate Escapes sent a note to members asking them for a special assessment. I talked through the assessment with Jim Tousignant, CEO of Ultimate Escapes.
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- Written by Nick Copley
The bad news continues amongst destination clubs, with the announcement today that High Country Club will be filing Chapter 7 bankruptcy early next week.
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- Written by Nick Copley
The two destination club have announced a strategic alliance to allow members use of their respective clubs.
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- Written by Nick Copley
Another victim of the current economy, the pre-paid vacation club One Key World is closing its doors.
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- Written by Nick Copley
There have been several rumors swirling about changes at destination club Quintess. Yesterday SherpaReport caught up with Ben Addoms, founder and EVP of Quintess, to discuss the latest developments.
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- Written by Nick Copley
SherpaReport recently talked to Philip Mekelburg, the CEO and co-founder of Equity Estates to find out the latest developments at this equity destination club.
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- Written by Nick Copley
These two luxury travel and property companies have formed a partnership so that their respective members can use each others luxury vacation homes.
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- Written by Renee Nadeau
The Presnell Sporting Collection is a new travel club that offers elite sportsmen the fishing and large game hunting experiences that they crave.
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- Written by Nick Copley
In another sign of how hard the economy is hitting destination clubs, the boutique club Lusso just filed Chapter 11 today.
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- Written by Nick Copley
The largest destination club, Exclusive Resorts, now has more than 3,500 members and is celebrating its 5th Anniversary of bringing friends and family together.
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- Written by Nick Copley
In the current economy, with property prices continuing to fall, the luxury destination club Botiga is delaying the purchase of its first group of homes.
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- Written by Nick Copley
This new program, from the largest destination club, allows potential members to try out some of the club homes for either a 4- night or 7- night stay.
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- Written by Nick Copley
The second largest destination club, measured by number of members, has a couple of new programs that enable potential members to try out the club.
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- Written by Nick Copley
This global destination club has quietly lowered its initial fees across all its membership plans.
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