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 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.
From August 29th Exclusive will be adding $20,000 to its membership plans. It has also changed the terminology it uses and is now talking about an initiation fee rather than the non-refundable portion of the member deposit.
The term equity destination club is used by a variety of clubs to describe their structure, but the use of the word "equity" means somewhat different things to different clubs. This article explains these different meanings and reviews some of the leading equity clubs.
After the Celtics 17th NBA Championship win last week, coach Doc Rivers has truly earned some R&R. Since he's been a member at destination club Ultimate Escapes for several years he'll more than likely be relaxing at one of their 150 luxury homes.
Does a luxury Caribbean vacation await you? The combination of an island escape with luxury accommodations is hard to ignore. Destination clubs have made their mark all over the Caribbean. Some locations are more popular with anywhere from eight clubs to only one on any given island. We have made a list of the most popular sites for destination clubs starting with everyone's favorite, The Bahamas, and ending with the small, remote island of Anguilla.
Over the last year many of the destination clubs have introduced a wider selection of membership plans. New club Botiga is already following this trend and has introduced a membership level providing 2-3 weeks of vacation time per year.