Cabo Casitas

Destination clubs, residence funds and luxury travel 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 and funds 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. Here are the top reasons to join a club, but they are not for everybody and here are the reasons not to join.

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 latest news and research on the clubs is included below.

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.

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.