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 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.

This new destination club is currently in its "Friends & Family" period as it builds for it's more formal launch this Fall. SherpaReport recently met with Founder, Geoffrey Kent, and President, Jarvis Slade, to discuss the future plans for the club.

Effective August 31st 2008, luxury travel club One Key will be increasing the prices for its three membership plans. At the same time the club is changing the plans from offering a fixed number of nights to being a points based system.

A new membership plan, from boutique destination club Lusso, will offer 21 days of usage per year.

This new independent advisory service helps consumers identify the most appropriate destination club, and then also helps secure the best membership terms available.

The cost per night for a destination club or residence fund is a really useful calculation for both comparing the clubs amongst each other, and also comparing them to alternatives such as hotels or villa rentals. Overall the cost per night has increased over time. This is not surprising given that the clubs have all been increasing their initial fees and annual dues.

Effective yesterday Quintess adjusted the initial fees for its membership plans. For most plans this meant increases, although one of the non-holiday plans was adjusted downwards.

From August 29th Exclusive will be adding $20,000 to its membership plans. It has also changed the terminology it uses and is now talking about an “initiation fee” rather than the “non-refundable portion” of the member deposit.

Joining a destination club is a long-term family decision for most of the members. We asked the clubs how their rules work for transferring or passing on a membership to a friend or family member.

Saturdays Wall Street Journal reported that Tim and Edra Blixseth have come to a settlement over ownership of the exclusive Yellowstone Club in Montana.

How do destination clubs balance the requests of their members to reserve homes during the most popular holiday periods?

The term equity destination club is used by a variety of clubs to describe their structure, but the use of the word "equity" means somewhat different things to different clubs. This article explains these different meanings and reviews some of the leading equity clubs.

One Key World is running a promotional draw with the grand prize being a round of golf with PGA Tour star, Jim Furyk.

Luxury destination club Solstice have just announced a new oceanfront home in Hawaii and last month opened their newly constructed home in Napa Valley.

After the Celtics 17th NBA Championship win last week, coach Doc Rivers has truly earned some R&R. Since he's been a member at destination club Ultimate Escapes for several years he'll more than likely be relaxing at one of their 150 luxury homes.

Does a luxury Caribbean vacation await you? The combination of an island escape with luxury accommodations is hard to ignore. Destination clubs have made their mark all over the Caribbean. Some locations are more popular with anywhere from eight clubs to only one on any given island. We have made a list of the most popular sites for destination clubs starting with everyone's favorite, The Bahamas, and ending with the small, remote island of Anguilla.

Over the last year many of the destination clubs have introduced a wider selection of membership plans. New club Botiga is already following this trend and has introduced a membership level providing 2-3 weeks of vacation time per year.

Boutique destination club Lusso has added several beach homes over the last few months and just opened two more, one in Cabo San Lucas and one in Naples, Florida.

Since its launch last year, Distinctive Holiday Homes has already grown to over 50 members and 11 residences. We recently caught up with Nick Wood, the destination clubs founder and CEO.

This early entrant in the destination club sector suffered from too many “first mover” mistakes. The petition for involuntary Chapter 7 bankruptcy was filed in Colorado District Court at the end of May.

After the recent management changes at Solstice, we caught up with Jeff Scult to talk through the clubs future plans and direction.

Vacation home trends for affluent individuals in America and Europe may be surprising in this tumultuous time for the housing, credit and stock markets. The next 12 to 24 months might not see a huge upswing of second home purchases, but a recent survey by Knight Frank and Citi Private Bank predicts much growth over the next decade.