"Flexjet is thrilled to partner with Abercrombie & Kent Residence Club as we are both recognized for offering the premium travel experience in our respective industries," said Fred Reid, President, Flexjet. "We encourage our hardworking owners-ranging from Fortune 100 CEOs to successful entrepreneurs-to take advantage of this tremendous gift and relax and re-charge at one of their incredible homes."

New club members can choose from four membership levels, ranging from 15 to 60 nights of travel a year, with prices ranging from $175,000 to $475,000. The club has 16 of its own villas in the US, Mexico and Caribbean, plus members can use a selection of European villas in France and Italy.

These two organizations also worked together last year when the residence clubs parent, travel company Abercrombie & Kent partnered with Flexjet to offer each other's customers some unique benefits. Members of the residence club can also exchange some of their club nights for vacation through Abercrombie & Kent.

Destination Clubs and Private Residence Clubs frequently partner with private aviation companies since both are targeting the same level of affluent consumer.