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.
SherpaReport recently caught up with Brian Anderson, the new CEO and current Chairman of the Board at Destination M. We talked about the destination club, its plans, membership structure, home locations and more.
A new program launched by Inspirato last summer is allowing luxury home buyers and owners to partner with the company. Billed as offering “all of the benefits of luxury vacation homeownership, with none of the headaches”, Inspirato Real Estate is a way of building the Inspirato Collection of vacation properties while making it easier for owners to rent out their homes.
The Solstice Collection offers its members access to some unique artisanal second homes, spread around the world. SherpaReport recently asked how these homes are being used, which ones are most popular and which ones the members prefer.
Equity Residences has rolled out a limited time offer for accredited investors who want to test their business model and get a full investor experience. You can put down a deposit that equals 10% of the investment amount, and then stay at the fund homes for vacations.
Luxury residence fund Equity Estates has residences around the globe for its members. Investors into the funds (the third fund is currently accepting new owner members) don’t just enjoy the homes for vacations; they also own them and benefit from any increase in property value once the fund sells the homes. Equity Estates has shared some insights into their reservation process and home usage statistics.
Investors in luxury real estate investment fund Equity Residences recently made their main reservations for the year ahead. SherpaReport caught up with the fund management to find out about the most popular homes.
There are three pieces to the cost of being a member of Inspirato. One is the initial membership fee, then there are annual dues and lastly there is the cost of each night that you travel with the club. Here are some examples of each of these prices.
The destination club has two types of memberships available, its more traditional 30-year membership and a newer 10-year membership. Both types of members can travel across the Club’s full portfolio of 400+ luxury residences and experiences spanning 120+ destinations.
Destination club Equity Residences recently announced their new Costa Rica addition to their Equity Platinum Fund portfolio. The funds investors can already stay at their brand-new Playa Potrero beachfront home, which offers sunset views over the Pacific Ocean. So far this year, Equity Residences has launched 5 homes located in 4 different countries and the state of Hawaii bringing their total to 16 owned residences.