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.
The worlds largest destination club, measured by number of members, is currently offering a flexible payment option. New members can choose to pay their up-front membership fee over the course of up to four years.
In a recent note to members, Equity Estates highlighted six new destinations that are expected to be available for travel by next year. It also announced that based on current interest levels from prospective owner members, the fund anticipates that the second half of 2010 will be its most successful six months to date.
The largest destination club in Asia has added villas in
Read more: Banyan Tree Private Collection Adds 4 New Asian Properties
The Hideaways Club has added two spectacular new villas to its growing property portfolio. Situated in the South of France, these new purchases bring to 27 the number of properties currently owned by the Fund with more homes planned to come online during the remainder of this year.
Read more: Two New Villas in South of France for Hideaways Club
The Parkway Club at Turtle Creek has introduced the first Private Residence Club on the
Read more: Private Residence Club Launches on the Blue Ridge Parkway, NC
The Asheville Club at 151 is the new private residence club in downtown
Read more: Luxury Private Residence Club is Launched in Asheville, NC
Demeure is a new travel option built on the observation that most folks with second homes (or even third or fourth homes), typically use them for under 30 days a year. For the other 335 days a year, those homes often sit empty. Demeure simply makes use of this empty space by making it available to other like minded people within the Demeure community.
The wealth section of the New York Times ran an article last week on the stresses of owning a vacation home. Writer Paul Andersen speaks from personal experience and interviews a variety of people under the title “If It Causes Stress, Is It Really a Vacation Home?”.
Timbers Resorts in partnership with Ferruco Vail Ventures will operate and manage The Sebastian, formerly the Vail Plaza Hotel & Club, in Vail, Colorado. The newly renamed hotel and residence club will debut in December this year.
Read more: The Sebastian in Vail to Relaunch with Its New Name
As the number of fractional properties continues to increase worldwide, so do the options for facilitating exchange of those properties. Research suggests that fractional owners have historically found after 4-6 years of owning their property, their interest in expanding their destination options increases and they look for ways to utilize their ownership at other properties. Enter the exchange programs. Below are a few of the more prominent programs available as of this writing.
Read more: A Review of Exchange Options for Fractional Properties
The luxury residence fund is donating access to its multi-million dollar homes to children and families with parents suffering from late stage, limited life expectancy cancer.
Read more: Equity Estates Partners With Jack & Jill Cancer Charity
The luxury destination club, Quintess LRW, has simplified its pricing structure for new members. The change is partly designed to make it easier to compare Quintess to other destination clubs, and also provides more flexibility in structuring a membership plan.
This new golfing destination club was launched earlier this year as a partnership between the PGA and the folks behind the destination club Quintess LRW. Since opening the club has added new homes at golf courses in
European based equity destination club, The Hideaways Club, has been expanding over the past year, and most recently just added new homes on the island of
Read more: The Hideaways Club Adds New Homes in Ibiza & Portugal
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SherpaReport Newsletter
Featured Destination Club Homes
Featured Residence Clubs
Member Reviews
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Relaxing at Sotogrande, SpainWe flew to Malaga, Spain and had a nice larger rental car waiting. My son-in-law drove. He & I worked together before I retired 10 years ago and then as now he knew how to get around without getting...Read More...
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Costa Rica - Home and Trip ReviewMy wife and I just returned from our first real Escape, and it was pretty darn Ultimate! We flew down to Liberia airport in Costa Rica, breezed through customs, picked up our rental and were at the rentals...Read More...
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Costa Rica Was Our FavoriteOur Family has taken a vote and has decided that the trip to Costa Rica was our favorite. There was so much to do there. Our Host was great and recommended a lot of the things we did and so did our planner,...Read More...
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Bend, Oregon "One of our best vacations yet."In June, I went on a great vacation with my mother and little sister to Bend, Oregon. When I first arrived, I thought it was beautiful because there were a lot of juniper trees right where we were...Read More...
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Everything is Better in ItalyAs the six of us boarded the flight for Rome, I made one last nonchalant reach into my backpack to make sure it was still there. Every time I thought about it, I panicked. What if it isn’t there? I just...Read More...
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