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.
Quintess, the luxury destination club, recently announced increased pricing and at the same time changed its individual membership plans into broader family plans.
This free 60 page report is designed to help you see if a destination club makes sense for you and your family or your company. It provides a lot of insight and background to help you make this assessment.
Quintess, LRW has arranged $125 million in financing for new home development. This will allow the Club to develop more than 30 new residences, which will become available to members over the next several years.
Tim Wolf is one of the founders of Parallel destination club, which merged with Solstice last year. We recently talked to Tim about the growth and development of this ultra luxury destination club.
The American Affluence Research Center just announced the results of a survey of 398 affluent households. The survey showed that about 60% of the households were not familiar with either the destination club or private residence club concept.
This new luxury vacation home investment fund is an interesting hybrid. For a one off payment it offers investors the opportunity to both invest in 30 residences around the world, and to have at least 5 weeks vacation usage at these residences each year.
The June 2007 issue of the Robb Report includes their Best of the Best special issue that comes in at a pretty colossal 400 pages. The issue names 4 destination clubs as the Best of Best.
We recently launched our listings of destination club, private residence club and luxury fractional homes. The new directory allows prospective members to easily find shared ownership luxury vacation homes in the locations that they like to visit.