Wednesday, February 10, 2016
   
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Cabo Casitas

Destination 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 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.

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 map shows some of the main destinations where the clubs have homes. Click on the markers to see the actual homes.

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The latest news and research on the clubs is included below.


The Concierge Service at Equity Residences

Equity Residences is an investment fund with a continually evolving portfolio of properties, which its members may enjoy. Like any luxury club, staff are always on hand to provide top-notch concierge service, working to meeting guests’ needs, before, during, and after their vacation. I spoke with Guest Relations and Asset Manager, Laura Krueger, and Operations Manager, Adrienne Hodell, to learn more about Equity Residence’s customer service.

Read more: The Concierge Service at Equity Residences

Inspirato Introduces the Key Membership Option

Luxury destination club Inspirato has announced the arrival of a new membership option. It has a lower initiation fee than the Core membership level, and provides access to all the club homes.

Read more: Inspirato Introduces the Key Membership Option

Stronger US Dollar Makes International Destination Clubs Better Value

With the US dollar having strengthened recently, the Canadian and European based destination clubs are much better value. Over the last couple of years the dollar has gained 20% to 30% in value against the Euro and the Canadian dollar, making these clubs that much cheaper in US dollar terms.

Read more: Stronger US Dollar Makes International Destination Clubs Better Value

Equity Estates Builds New Home on Hawaii

The equity destination club, Equity Estates, is building a new home for its investor members and has another home available for them during construction.

Read more: Equity Estates Builds New Home on Hawaii

Equity Residences Adds Waterfront Captiva Island Villa

The Equity Villa Fund has recently acquired its latest home, located on Captiva Island on the Gulf Coast of Southwest Florida. You can meet the funds Managing Directors in New York on 17th November.

Read more: Equity Residences Adds Waterfront Captiva Island Villa

The New European Villa Collection from Exclusive Resorts

Exclusive Resorts recently announced the addition of a new European Villa Collection to their already impressive portfolio of more than 400 vacation properties. European Villa Collections have been made available in the past for limited summer use, and they have proven very popular with Exclusive Resorts members. The 2016 collection includes some previous favorites, as well as some new additions.

Read more: The New European Villa Collection from Exclusive Resorts

M Private Residences Launches the M Villa Collection

Destination club M Private Residences has partnered with Seekda to provide its members with a curated portfolio of certified and professionally managed exclusive vacation homes, villas and hotels. This provides members with even more vacation options around the globe.

Read more: M Private Residences Launches the M Villa Collection

Equity Residences Partners With 3RD Home

In order to increase the luxury travel options for their respective members, 3RD HOME and Equity Residences are opening up their respective locations to the other clubs members.

Read more: Equity Residences Partners With 3RD Home

Customer Service: Above and Beyond at Inspirato

Inspirato wants to make sure that its members are impressed with more than their array of destinations and properties. So like many destination clubs they have two key types of staff on their member services team, who help with all aspects of travel. A Member Services Coordinator helps with planning and recommendations beforehand and an Onsite Concierge takes care of members during their stay.

Read more: Customer Service: Above and Beyond at Inspirato

G2G Collection Partners With Elite Alliance

Through this new partnership, G2G Collection members with a Boutique Plan receive membership in Elite Alliance, expanding their vacation opportunities and providing access to private golf and urban clubs, lifestyle events, and travel benefits. Elite Alliance members will enjoy seamless escapes to select G2G residences in Chicago and Punta Mita, Mexico.

Read more: G2G Collection Partners With Elite Alliance

Quintess and 3RDHOME Establish Mutual Affiliation

These two clubs are collaborating to expand the portfolio of multimillion-dollar residences accessible to each membership. In outline the two clubs are making some of their homes available to members of the other club.

Read more: Quintess and 3RDHOME Establish Mutual Affiliation

Exclusive Resorts Compared to Quintess

Exclusive Resorts and Quintess are two of the best-known and most well-established destination clubs in today's luxury travel market. Both offer a range of high quality homes and high levels of service in locations around the world. We review them both so that you can see the similarities and differences, and see if one is right for you.

Read more: Exclusive Resorts Compared to Quintess

Update on Lifestyle Asset Group

This equity destination club builds portfolios of 6 luxury vacation homes that are collectively owned by 50 investors. The two current portfolios, Atlantic One and Pacific One, have a US East Coast and West Coast focus to their homes. With a new planned portfolio of city homes due to be launched.

Read more: Update on Lifestyle Asset Group

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

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

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

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Member Reviews

  • Not enough adjectives for Cabo! Not enough adjectives for Cabo!
    AWESOME doesn't even begin to describe our trip. The house is amazing. It is furnished beautifully and comfortably. The kitchen is fabulous, the bedrooms are wonderful, the living room is spacious, the...
    Read More...
  • The Incredible Casa Cristal The Incredible Casa Cristal
    We just returned from 6 nights at Casa Cristal in Costa Rica. The house is incredibly open and contemporary - I just loved it! The pool and deck area are nothing short of incredible.   We had Chef...
    Read More...
  • Summer Vacation in Punta Cana Summer Vacation in Punta Cana
    Traveling with Equity Estates has always been an outstanding experience, starting with the concierge service prior to the trip who helped us plan our excursions, meals, etc. The concierge even arranged...
    Read More...
  • Why Invest in Equity Residences
    Two Silicon Valley attorneys, Trina and Philip O, discuss why they invested in Equity Residences. It's interesting to learn how they first came across Equity...
    Read More...
  • Wonderful Villa Alegria Wonderful Villa Alegria
    Not sure where to begin...to start with why don't I say "wow"...what a wonderful week and great experience. We are thankful to our hosts Neil and Wendy for sharing their island home with us. This is our...
    Read More...
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