Cabo Casitas

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 latest news and research on the clubs is included below.

The worlds largest destination club has created a one year trial offer just for Ultimate Escapes members.

After a harrowing few weeks and months of looking for options, the second largest destination club filed for bankruptcy protection today.

The second largest destination club measured by the number of members is undergoing a major restructuring. The clubs large debt level and the ongoing slow economy have brought it down.

New members who join the club before December 15, 2010 enjoy an additional fifteen complimentary nights over the next three years.

We’ve heard from Exclusive Resorts that June and July this year were the best back to back months for new members joining the club, in over two years.

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 Thailand, China and Korea to its collection.

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 South Dakota and California.

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 Ibiza and on the Algarve in Portugal.

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.

Boston Celtics' Head Coach and Ultimate Escapes Member Doc Rivers is once again partnering with destination club Ultimate Escapes to host his 10th annual Celebrity Golf Invitational at the Reunion Resort and Club Wyndham Grand Resort in Orlando.

Destination club, Exclusive Resorts recently announced the 2011 collection of experiences for its Once in a Lifetime program. Now continuing into its 4th year this program takes club members on adventure excursions, cruises, and journeys in remote corners of the world.

With pristine white sandy beaches surrounded by crystal clear turquoise waters, the Turks & Caicos have developed rapidly over the last twenty years. They are popular amongst destination club members and several clubs have homes there.

Destination club M Private Residences is lowering the prices for its shares, and has introduced several changes for both new and current members.

2010 has already been a busy year for Europe based, The Hideaways Club. It formed reciprocity partnerships with two other clubs, Banyan Tree Private Residences in Asia and Equity Estates in the US. It now adds an Asian hotel partner and an airline to offer more services and destinations for its members.

Now through July 31, 2010, Abercrombie & Kent Residence Club and Sentient Jet are offering a chance to experience the convenience and ease of private jet travel, as well as vacationing at the clubs private homes. For a one-time payment of $55,000, you will receive 10 nights in the Abercrombie & Kent Residence Club along with a $50,000 Sentient Jet Membership Plus Card.