The two luxury destination clubs are mutually opening some of their homes to members of the others club. This partnership will provide members of both clubs access to an even wider collection of luxury residences around the world.

Hideaways Club members will now enjoy access to Exclusive Resorts residences in more than 25 destinations including the Caribbean, Mexico, Florida, South Carolina, Arizona, New York and San Francisco. In return, Exclusive Resorts members will gain access to more than 20 of the Hideaways Club properties in over 15 locations throughout Europe, South Africa and Mauritius including Ibiza, Cape Town and Provence. Members in both clubs are already starting to reserve these properties.

"We are delighted to be partnering with such an esteemed destination club and look forward to bringing our Members an even wider choice of exclusive destinations around the world," says Stephen Wise, Co-Founder and CEO of The Hideaways Club.

Both of these clubs also have a similar agreement with Banyan Tree Private Collection. The Hideaways Club partnered with Banyan Tree in 2010 and then Exclusive Resorts entered an agreement in 2011.

"Just like Banyan Tree opened Asia to our members, The Hideaways Club has broadened our reach by adding a collection of sought-after European destinations for Exclusive Resorts members to explore and enjoy," says Philippe Bourguignon, CEO of Exclusive Resorts. "We are thrilled to embark on this new chapter with The Hideaways Club which provides our members access to some of the best vacation homes in the European marketplace today. A perfect complement to our expansive portfolio of global residences."

There are an increasing number of partnerships like these between different destination clubs. For instance, The Hideaways Club also has a comparable agreement with Equity Estates. M Private Residnces and Rocksure Property entered a similar agreement in the middle of last year.