Cabo Casitas

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 equity destination club has just announced some changes at its senior level.

Last month destination club Exclusive Resorts sent its "Year in Review" document to its 3,500 members. This included a section covering the clubs Net Asset test.

"Nobody likes this but they understand and are supportive" said Jim Tousignant, CEO of Ultimate Escapes when commenting on his clubs recent member assessment.

In its most recent newsletter to members the equity destination club looked forward to several firsts this year. SherpaReport caught up with Jarvis Slade, President of the club, to discuss these initial events.

Lusso filed for Chapter 11 bankruptcy last December and since then several other destination clubs have been looking at making offers to the club and its members.

In a note sent to members today, the destination club Ultimate Escapes said that it had "already received commitments from over 600 Members to pay the Assessment." The club says that as a result it has passed the minimum level it had set for the Assessment requested two weeks ago.

The Luxus Group, has been expanding its Luxus Vacation Properties fund to acquire 13 homes throughout North America. Investors in the fund have access to all these vacation homes.

A week ago Ultimate Escapes sent a note to members asking them for a special assessment. I talked through the assessment with Jim Tousignant, CEO of Ultimate Escapes.

The bad news continues amongst destination clubs, with the announcement today that High Country Club will be filing Chapter 7 bankruptcy early next week.

The two destination club have announced a strategic alliance to allow members use of their respective clubs.