Vacation home club Destination M operates a distinctive shared-ownership model that is deliberately structured for long-term stability. For families who value time, consistency, and governance as much as they value luxury, the structure aligns shareholder-member interests around preservation and thoughtful growth.

This article outlines the business model, the renovation and capital investment strategy, the role of periodic share auctions in providing liquidity, and broader trends shaping member demand and usage.

In this exclusive Q&A with SherpaReport, James Henderson, CEO of The Exclusive Collective describes why affluent families don't need more travel options - they need the right experience for every chapter of life. From multi-generational family vacations to unique adventures as empty nesters, Henderson reveals how curating the right experience at the right time transforms travel into an enduring family legacy.

Exclusive Resorts has updated its European Villas Collection for the 2027 travel season, introducing handpicked multi-bedroom villas and centrally located apartments across Europe. The curated portfolio targets coastal, countryside, and city locations to offer options for both short-term metropolitan stays and longer leisure getaways.

The Equity Euro Fund has formed a partnership with ThirdHome, providing access to hundreds of vacation homes across Europe and thousands of vacation homes around the world. This relationship, which builds on a collaboration Equity Residences has maintained with ThirdHome for more than 10 years, significantly increases the number of vacation homes available to Equity Euro Fund investors.

Equity Estates launched its seventh residence fund early last year, and is approximately three-quarters of the way through its capital-raising process. It has already bought six of the planned twelve vacation homes. Recent additions to the portfolio include residences in Portugal, Park City, and Hawaii.

Equity Residences is expanding in Europe with the first two acquisitions for the new Equity Euro Fund. Both additions are restored and remodeled 16th-century residences, centrally located in the cities of Florence and Rome, Italy. These homes build on Equity Residences existing locations in Siena, Italy, Barcelona, Spain and Mykonos, Greece and reflect a targeted strategy focused on acquiring high-quality homes in prime locations.

Co-ownership company GoForth has been expanding its portfolio of shared vacation homes, with destinations in North America and Europe. SherpaReport talked to CEO and founder Adam Capes about the latest developments and home locations.

Equity Residences continues to expand its portfolio of luxury vacation residences while introducing new fund opportunities for investors. Equity Residences enables investors to own a diversified portfolio of vacation homes for personal enjoyment and investment returns. The homes are professionally managed with a defined liquidation after 10 years. SherpaReport sat down with Founder and Managing Director Greg Salley to discuss the company’s latest results and new investment opportunities.

Marking a realignment in the high-end travel sector, Exclusive Resorts Investments (“Exclusive Investments”) has announced the launch of The Exclusive Collective. This new parent entity is designed to serve as a multi-brand luxury travel and lifestyle platform, unifying three of the significant names in travel club membership and premium villas: Exclusive Resorts, onefinestay, and Inspirato.

Central to this launch is the agreement for Exclusive Investments to acquire Inspirato Incorporated (NASDAQ: ISPO) and take the company private.

As the only Canadian-based destination club, Destination M holds a unique and appealing position for luxury travelers seeking hassle-free, vacation home ownership. Next year marks a significant milestone - the club's 20th anniversary - celebrating two decades of providing its members with access to a growing portfolio of multi-million dollar residences around the world.

Equity Residences has announced two new home acquisitions for Equity Platinum Fund 2: a luxurious, oceanfront villa at Terranea Resort in Southern California and a classic, ski-in/ski-out home in Big Sky, Montana. The residences are located in two of the most requested destinations identified in recent investor surveys.

An Interview with CEO James Henderson on how the Club became a private platform for modern, meaningful living

Once a category-defining idea in luxury travel, Exclusive Resorts has quietly evolved into something far more ambitious. In this conversation, CEO James Henderson explains how the Club’s reinvention - through experience, ownership, and community - has reshaped what it means to belong.