There's a new fund launching in the UK that is bringing an established investment model to shared vacation home ownership. The company plans to buy luxury vacation homes around the world and balance its portfolio with UK based rental properties.

The second largest destination club, by number of members, has seen a lot of changes over the last year. CEO Jim Tousignant recently shared his thoughts on these developments.

The luxury second home fund, or fractional property club, Hideaways has been very busy adding new homes for its 100 owner/members. Over the past 6 months the club has opened seven homes around the world.

This expanding equity destination club just formed a member council last week to help advise the managing members.

The destination club has achieved good growth this year, even despite the economic climate. It now has over 500 members.

The newly named destination club just launched its "Portfolio Membership" earlier this year, but in the slow economy has announced it is delaying any new developments.

Many of the destination clubs and several private residence clubs have been offering trial memberships over the last year. A&K Residence Clubs new offer is one of the longest trail periods that we've seen.

In a first for the destination club industry, Ultimate Escapes is planning to be the first club to have a public listing of its shares and to be subject to all the reporting and transparency requirements that come with this public listing.

The destination club is reaching out to its suspended members with an offer to bring them back on board.

The 23,000-acre Kapalua Resort on Maui's northwest shore offers an interesting choice for anyone looking into destination clubs and fractional ownership.

Boston Celtics Coach Doc Rivers is partnering with destination club Ultimate Escapes to raise money for Shepherd's Hope, a non-profit organization of volunteers that provides access to health care for the uninsured. Together they are offering six packages, including a VIP Golf Experience with the NBA champion coach in Orlando and a VIP Celtics package during the 09/10 season.

The largest destination club in Europe, The Hideaways Club, has just announced that the UK's top tennis player has become Ambassador for, and a member of, the club.

The equity based destination club has added two new residences for its members.

This Trial Membership allows you to choose from the club’s portfolio of multi-million-dollar residences in the finest beach, mountain and golf destinations, including the Turks & Caicos, Deer Valley and Kiawah Island.

This barrier island, off the Georgia coast, is the new location for the latest additions to Exclusive Resorts portfolio of luxury vacation homes.

The equity destination club held its first annual meeting at the end of April, and more than 50 members participated.

The destination club is lowering the membership fee for the next 60 weeks of membership that are sold.

Private residence and destination clubs, are compared to full ownership of a vacation home in the research report "The Affluent Market for Vacation Homes". The Spring 2009 survey included a series of questions about familiarity, brand awareness, and plans to purchase.

Building on its successful private residence clubs, Ritz-Carlton has just announced its new Destination Club which will include its luxury fractional residences.

Destination club Quintess has added four Q Leading Experiences options to its travel program. Most “Experiences” are available at Preferred Rates for Quintess members.