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.
The latest news and research on the clubs is included below.
To continue the momentum from Equity Estates Funds I, II, and III, CEO and Founder, Philip Mekelburg announced the launch of Equity Estates Fund IV, an alternative investment that buys luxury vacation residences for use by the investors.
Equity Residences’ Equity Platinum Fund continues to grow their vacation home portfolio with their latest residence on St John in the US Virgin Islands.
The luxury travel club Rocksure has two supercar journeys planned for members in 2020. In June, members will travel around the highlands of Scotland for 10 nights, and in September will drive down through France ending in Monte Carlo. The trips include a choice of some of the world’s most glamorous cars including an Aston Martin DB9 Volante, Ferrari F430 Spider, Audi R8 V10 Spyder or Porsche 911 Turbo Cabriolet.
Traveling with children can bring its own challenges, from ensuring that they are safe to providing enough activities that parents don’t hear the dreaded moan “I’m bored”. For members at destination clubs the concierge services are there to take care of everyone’s needs, including the younger members of the family. SherpaReport spoke to several destination clubs to find out what they have to offer families and groups traveling with children.
In a new twist to its vacation home funds, Equity Residences has launched a fund that is focused on buying homes at Mammoth Mountain in Southern California.
The earlier funds from Equity Residences have bought homes in a variety of locations across North America, so this is the first of their funds to be aimed at just one location.
Equity Estates Fund III, announced today that they successfully welcomed over $8.5 million in new capital contributions from Residential Club Holdings, (RCH) members. RCH is made up of members from the old Abercrombie & Kent Private Residence Club, who for the past six years, had been cared for by Exclusive Resorts.
Luxury destination club Inspirato recently introduced a subscription-based program to its membership offerings. With Inspirato Pass, subscribers can gain unlimited access to exclusive vacation properties, five-star hotel rooms and unique travel experiences, all for one set monthly fee, with no additional taxes or hidden charges.
Since its launch in 2002, Exclusive Resorts has grown to become one of the leading destination clubs. Members, who have the options of joining either a 30-year or 10-year plan, gain access to a portfolio of more than 400 luxury residences in more than 120 destinations around the globe.
Members also enjoy an array of additional benefits, such as Gold Medallion status with Delta’s SkyMiles, access to Delta private jets, Avis Chairman’s Club membership and priority entry to a variety of restaurants. But one of the most impressive benefits of membership is access to a series of curated luxury once-in-a-lifetime vacation experiences.
SherpaReport recently caught up with Brian Anderson, the new CEO and current Chairman of the Board at Destination M. We talked about the destination club, its plans, membership structure, home locations and more.
A new program launched by Inspirato last summer is allowing luxury home buyers and owners to partner with the company. Billed as offering “all of the benefits of luxury vacation homeownership, with none of the headaches”, Inspirato Real Estate is a way of building the Inspirato Collection of vacation properties while making it easier for owners to rent out their homes.