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 new Abercrombie & Kent Residence Club is making an interest free joining offer to members of other destination clubs.
In a first amongst luxury vacation home alternatives, members of destination club Ultimate Escapes can now stay at Capella Pedregal in Cabo San Lucas. Equally the owners at Capella Pedregal can stay at 23 Ultimate locations around the world.
A chill in the air may send some vacationers to warmer climates, but snow lovers can think of only one thing: ski resorts. Most destination clubs have homes available at ski resorts. Here are some destination club picks for those longing for the slopes.
The current economy is severely affecting High Country Club. It is cutting the number of homes, asking members to pay increased dues but also allowing members to resell their memberships. It has already reduced staff levels.
"Is Graham Kos crazy?" that's how the founder of destination club Solstice opened the conversation when SherpaReport talked to him about ending the lower end membership plan and raising the prices for the clubs other two membership plans.
Luxury destination club Distinctive Holiday Homes is offering a special upgrade offer during October. New members will receive either a complimentary one membership plan upgrade, or a complimentary 7 night stay with a pre-paid membership card.
The SherpaReport in-depth "Destination Clubs & Residence Funds: A Guide for Prospective Members" has been extremely popular since we published the first edition in 2007. The newest version, which was updated this year, has been brought up to date with details on all the new clubs, merged clubs, new membership plans and services.
Ultimate Escapes is gearing up for ski season. With the two new homes that it just opened in Steamboat Springs it has a total of 5 homes across the three different destination club levels.
Off-season on the island of Abaco in the Bahamas is profoundly and refreshingly quiet. For a city-dwelling New Yorker like me, the silence was almost ghostly, but completely rejuvenating. On Abaco, you share the roads with large land crabs instead of taxis, and on a typical outing are likely to encounter more butterflies than people.
Additional travel offerings amongst the major destination clubs are evolving rapidly. The trend is to offer one-of-a kind vacation adventures, providing more travel options for members in addition to stays at the clubs luxury vacation homes.
With the membership plan changes that Distinctive Holiday Homes just announced, the destination club also announced that a new home in Hawaii will be available to members, plus it laid out plans for the other near term home additions.
As of September 1st this year, Distinctive is making some changes to its membership plans and increasing prices. On the whole the changes give members more flexibility in their usage of the club homes.