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What is a Destination Club

What is a Destination Club

Learn More about this unique and growing luxury vacation alternative

Learn More about this unique and growing luxury vacation alternative

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Compare Destination Clubs

Compare Destination Clubs

Check Out what leading Destination Clubs have to offer

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Second Home Ownership

Second Home Ownership

Second Home Ownership

Learn How second home ownership compares to destination club membership

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Discover the Most Popular Luxury Destinations

Discover the Most Popular Luxury Destinations

Discover the Most Popular Destinations

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The Cloister Ocean Residences at Sea Island

For more than 85 years, Sea Island has provided travelers with a luxurious private sanctuary, combining breathtaking nature, outdoor activities, and the highest quality accommodations. The Cloister Ocean Residences, a private residence club on Sea Island, aims to offer the very best in personalized worry-free vacations.

Read more: The Cloister Ocean Residences at Sea Island

Reviewing M Private Residences Non-Profit Structure

The Canadian destination club M Private Residences has been structured as a non-profit corporation since 2008. This means that it is not set up to generate profits for outside shareholders. This is the only destination club with this type of structure, so here's a walk through on what this means for the club shareholder members.

Read more: Reviewing M Private Residences Non-Profit Structure

Ragatz Reports Fractional Sales Steady in 2014

The annual survey by Ragatz Associates of private residence clubs, destination clubs and fractional interests shows total sales of $516m in 2014, which is inline with the overall sales for 2013. The mix of sales within these groups has changed between the two years.

Read more: Ragatz Reports Fractional Sales Steady in 2014

Luxus Plans to Close Out Current Funds

The Canadian based equity destination club Luxus, is currently looking for investors in its second and third funds, but plans to take a break from adding additional lifestyle funds, once these two are sold out.

Read more: Luxus Plans to Close Out Current Funds

An Interview With Greg Salley of Equity Residences

The equity destination club, Equity Residences launched its second fund just a few months ago. We caught up with co-founder and Managing Director Greg Salley to talk through the funds and what it means to be an investor in Equity Residences.

Read more: An Interview With Greg Salley of Equity Residences

Equity Estates Adds Homes to Fund II

The equity destination club has been adding several homes to its second fund. Investment levels have also increased as vacation home prices start to recover.

Read more: Equity Estates Adds Homes to Fund II

The Costs to Own and Operate a Cessna CJ3

The Citation CJ3, also known by its model number 525B, was first delivered in 2004 and was the third model in the line up of the popular CitationJet, abbreviated to CJ series. This article walks through the specifications and the various costs of ownership for the CJ3, including a scenario that includes charter revenue.

Read more: The Costs to Own and Operate a Cessna CJ3

Global Jet Capital Offers Operating Leases on Large Jets

As the market for large cabin private jets continues to grow, new lenders are emerging to help individuals and corporations finance their aircraft acquisitions. Global Jet Capital started last year and offers a variety of financing options, including operating leases.

Read more: Global Jet Capital Offers Operating Leases on Large Jets

Deciding between Fractional Aircraft vs Whole Ownership of a Plane

If you're weighing up whether to buy your own private aircraft or whether to buy a fraction, the simplest advice you'll hear is how much do you fly? But this is just a basic starting point. The real deciding points are how are you going to use it, what is your budget and what are your personal travel preferences.

Read more: Deciding between Fractional Aircraft vs Whole Ownership of a Plane

Aircraft Management – Choosing a Provider

If you own your own aircraft or if you're considering buying one, the choice of an aircraft management company is probably one of the most important decisions you'll need to make. This article walks through the things to consider in making this selection.

Read more: Aircraft Management – Choosing a Provider

Ordinary and Extraordinary Requests for Rocksure Concierges

Continuing in our series of extraordinary and ordinary requests made of club concierges, we're focusing on Rocksure, an equity club offering both villa and apartment funds. Both fund owners and the general public have the opportunity to stay in Rocksure's properties, and all guests receive the same service.

Read more: Ordinary and Extraordinary Requests for Rocksure Concierges

Equity Residences Launches Platinum Fund, Adds Homes

The new Equity Platinum Fund will acquire 20 luxury vacation residences, each with a value between $2 million and $3 million. Some of the target locations for the new fund include Cabo San Lucas, the Bahamas, Deer Valley, Hawaii and West Palm Beach.

Read more: Equity Residences Launches Platinum Fund, Adds Homes

Who Joins a Destination Club – The Demographics

It's been a while since we saw some details on the types of people joining destination clubs. So we recently reached out to several clubs to get a picture of the sort of people who are becoming members. Here's a run-down on the answers that we received, together with some earlier data.

Read more: Who Joins a Destination Club – The Demographics

Growth in the Large Jet Market

The trend seen in 2013 of more larger aircraft being sold appears to be continuing. Led by both a slowly growing global economy, as well as an increase in billionaires worldwide, the average asking prices for heavy jets have steadily increased since 2012, reaching a $15.4 million peak in April (according to AMSTAT).

Read more: Growth in the Large Jet Market

A Day in the Life of an Equity Estates Concierge

As a Luxury Residence Fund, Equity Estates is different from some other destination clubs. Members of the club are actual investor-owners in the properties that they visit, so the concierges are responsible for both the travelers and the homes. As a result, the concierges hold a dual title of Personal Travel Concierge and Destination Manager. Regular responsibilities include budget management, handling repairs, maintenance, and improvements, as well as coordinating the specific needs of each traveler.

Read more: A Day in the Life of an Equity Estates Concierge

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