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.
Under the heading "Paradise Lost" Fortune magazine just reported on the ascendancy and subsequent tribulations of Tim Blixseth and his Yellowstone Club. The article also covers his ultra luxury destination club, Yellowstone Club World.
Accredited investors who enjoy traveling to luxurious destinations and prefer to own a portfolio of homes instead of renting them should take a look at Equity Estates, LLC. This new destination club has recently launched and offers luxury vacations and a promising end goal for investors.
Sailor hats and boat shoes fly off storeroom shelves as Quintess members prepare for their voyages on Lady Quintess, a Viking Sport Cruiser 70' Motor Yacht. On February 29, 2008 members can set sail and explore the Eastern Seaboard from Hyannis and Annapolis to Miami Beach and the Florida Keys.
In a report entitled "Ernst & Young's Top 10 Thoughts on the Hospitality Sector in 2008", the advisory firm commented on the trends it sees for destination clubs, condo- hotels and fractional over the coming year.
Natural beauty, amazing resorts and fun activities are in abundance in the Bahamas. This chain of sixteen main islands (and thousands of islets and cays) was named Baja Mar by the Spanish, meaning shallow sea, but the land is actually made up of mountainous plateaus that rise from the depths of the Atlantic.
Banyan Tree Hotels and Resorts entered the destination club market in late 2006. With its many years of boutique resort development under its belt, it launched the Banyan Tree Private Collection. The club has since expanded its focus, branching out from its predominantly Asian emphasis and now offers luxury residences worldwide including Tuscany, Provence and London.
The luxury destination club, LUSSO Collection, has just added two new homes in Jackson Hole, Wyoming. Both homes have direct ski access and are located in the Teton Village area, right at the base of the Jackson Hole Mountain Resort.
Listening to shareholders is key to making informed decisions about a club's future, especially when all the homes are owned by the members. Recently M Private Residences made several changes to their offerings as a result of a shareholder focus group and looking at usage patterns over the club's history.
Through a strategic partnership with Bruce World of Travel, part of the American Express Travel Network, destination club members, their families, and friends can book all commercial, personal, and business travel as well as luxury adventure vacations.