The semi-tropical, barrier island off the South Carolina coast is home to the newest Equity Estates residence.

The YPartnership "Portrait of Affluent Travellers" report included research on the familiarity, ownership and interest in destination clubs, private residence clubs and fractional ownership.

Exclusive Resorts has recently announced the latest additions to its "Once in a Lifetime" program. Members can reserve these trips now for travel in 2010.

The destination club has had a trial membership program for about a year. The latest version offers 7 days to try out the club.

The destination club has launched a new program, which lets prospective members try out the club for a year.

If you're wondering about destinations clubs, it's currently a great time to give one a try with lots of trial offers from different clubs.

Rocksure Property is launching its new European focused Capital Fund, which follows on the success of its more global Alpha and Bravo funds. The new fund plans to buy ten spacious, luxuriously-furnished apartments or town houses in ten of the most interesting, glamorous and entertaining cities in Europe.

Speaking to an audience of industry professionals yesterday, Jeff Potter, CEO of Exclusive Resorts, shared information on how the club is doing.

Another day, another bankruptcy filing. Yesterday the destination club Solstice filed for Chapter 11 protection in New York.

Everlands private membership club has stopped all its sales and marketing efforts.

The Canadian equity destination club, M Private Residences, is planning to end the secondary market it created for re-sales of member shares.

Destination clubs Quintess, A&K Residence Club and Equity Estates have all made offers to Lusso members.

The equity destination club has just announced some changes at its senior level.

Last month destination club Exclusive Resorts sent its "Year in Review" document to its 3,500 members. This included a section covering the clubs Net Asset test.

"Nobody likes this but they understand and are supportive" said Jim Tousignant, CEO of Ultimate Escapes when commenting on his clubs recent member assessment.

In its most recent newsletter to members the equity destination club looked forward to several firsts this year. SherpaReport caught up with Jarvis Slade, President of the club, to discuss these initial events.

Lusso filed for Chapter 11 bankruptcy last December and since then several other destination clubs have been looking at making offers to the club and its members.

In a note sent to members today, the destination club Ultimate Escapes said that it had "already received commitments from over 600 Members to pay the Assessment." The club says that as a result it has passed the minimum level it had set for the Assessment requested two weeks ago.

The Luxus Group, has been expanding its Luxus Vacation Properties fund to acquire 13 homes throughout North America. Investors in the fund have access to all these vacation homes.

A week ago Ultimate Escapes sent a note to members asking them for a special assessment. I talked through the assessment with Jim Tousignant, CEO of Ultimate Escapes.