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.
All destination clubs offer luxury vacation properties in desirable locations and high levels of service, but if you are considering joining one, you may be trying to decide whether to join a rental based club or an equity ownership club. Both have their benefits, but have very different structures. One option isn't better than the other - your best choice really depends upon your personal circumstances and goals. Here's an overview of both rental clubs and equity ownership clubs or funds.
This is the second in the series on luxury travel clubs, which shows the costs of membership. The article compares different vacation residences, revealing the prices at various times of the year. The second club in our series is Private Trade Winds, which offers luxury five-star villa rentals around the world.
Are you wondering about what it costs to join a destination club like Inspirato. In the first of this new series we'll show you the prices of a selection of Inspirato homes. These homes vary in location from beach to leisure to mountain properties, and display the peak and off-peak prices. So overall you'll get a good feel for the Inspirato membership costs.
The club launched in early 2011 and has grown rapidly to become the largest luxury destination club. The recent partnership and name change to Inspirato with American Express has certainly helped with this growth.
Portico, on the heels of their recent one-year anniversary, has just announced a partnership with MasterCard. As a result of this announcement, MasterCard cardholders can now enjoy access to Portico's growing collection of over 200 luxury homes in 65 destinations with exclusive discounts and special benefits.
The funds are focused on acquiring vacation properties in desirable locations at discounted prices. Investors can use the properties in their fund for personal vacations. The funds plan to have rental income covering all or most of the operating costs.
Reciprocal partnerships between destination clubs are becoming the norm. Exclusive Resorts has recently formed more of these relationships than other clubs. The latest partnership between Ritz-Carlton Destination Club and Exclusive provides additional vacation locations for members of both clubs.