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.
The worlds largest destination club, measured by number of members, is currently offering a flexible payment option. New members can choose to pay their up-front membership fee over the course of up to four years.
In a recent note to members, Equity Estates highlighted six new destinations that are expected to be available for travel by next year. It also announced that based on current interest levels from prospective owner members, the fund anticipates that the second half of 2010 will be its most successful six months to date.
The largest destination club in Asia has added villas in
The Hideaways Club has added two spectacular new villas to its growing property portfolio. Situated in the South of France, these new purchases bring to 27 the number of properties currently owned by the Fund with more homes planned to come online during the remainder of this year.
The luxury residence fund is donating access to its multi-million dollar homes to children and families with parents suffering from late stage, limited life expectancy cancer.
The luxury destination club, Quintess LRW, has simplified its pricing structure for new members. The change is partly designed to make it easier to compare Quintess to other destination clubs, and also provides more flexibility in structuring a membership plan.
This new golfing destination club was launched earlier this year as a partnership between the PGA and the folks behind the destination club Quintess LRW. Since opening the club has added new homes at golf courses in
European based equity destination club, The Hideaways Club, has been expanding over the past year, and most recently just added new homes on the island of
That was the question posed to Adam Capes, president of Equity Estates, when he was recently interviewed by David Asman on Fox Business. Here's our take on the difference between a destination club and luxury timeshare.