The bad news continues amongst destination clubs, with the announcement today that High Country Club will be filing Chapter 7 bankruptcy early next week.

The two destination club have announced a strategic alliance to allow members use of their respective clubs.

Another victim of the current economy, the pre-paid vacation club One Key World is closing it’s doors.

There have been several rumors swirling about changes at destination club Quintess. Yesterday SherpaReport caught up with Ben Addoms, founder and EVP of Quintess, to discuss the latest developments.

SherpaReport recently talked to Philip Mekelburg, the CEO and co-founder of Equity Estates to find out the latest developments at this equity destination club.

These two luxury travel and property companies have formed a partnership so that their respective members can use each others luxury vacation homes.

The Presnell Sporting Collection is a new travel club that offers elite sportsmen the fishing and large game hunting experiences that they crave.

In another sign of how hard the economy is hitting destination clubs, the boutique club Lusso just filed Chapter 11 today. 

The largest destination club, Exclusive Resorts, now has more than 3,500 members and is celebrating its 5th Anniversary of bringing friends and family together.

In the current economy, with property prices continuing to fall, the luxury destination club Botiga is delaying the purchase of its first group of homes.

This new program, from the largest destination club, allows potential members to try out some of the club homes for either a 4- night or 7- night stay.

The second largest destination club, measured by number of members, has a couple of new programs that enable potential members to try out the club.

This global destination club has quietly lowered its initial fees across all its membership plans.

The members of High Country Club are currently being showered with offers from all sides. Two other destination clubs have made direct offers to the members and the club continues to revise its own plans.

The new Abercrombie & Kent Residence Club is making an interest free joining offer to members of other destination clubs.

In a first amongst luxury vacation home alternatives, members of destination club Ultimate Escapes can now stay at Capella Pedregal in Cabo San Lucas. Equally the owners at Capella Pedregal can stay at 23 Ultimate locations around the world.

A chill in the air may send some vacationers to warmer climates, but snow lovers can think of only one thing: ski resorts. Most destination clubs have homes available at ski resorts. Here are some destination club picks for those longing for the slopes.

Destination club M Private Residences has made some key changes to its pricing, structure and membership plans. This includes introducing a secondary market for membership share sales.

With this weeks announcement of a restructuring at High Country Club the members have an interesting decision to make. Here's our take on the key points to consider.

The current economy is severely affecting High Country Club. It is cutting the number of homes, asking members to pay increased dues but also allowing members to resell their memberships. It has already reduced staff levels.