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 latest news and research on the clubs is included below.

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.

The newly formed destination club has just joined the Destination Club Association - the trade group that sets best practices - but at the same time Abercrombie & Kent's flawed former business decisions are still around to haunt it.

Ultimate Resort and Private Escapes announced their merger last year, and have now officially announced the new name for their destination club - Ultimate Escapes. The club has three separate clubs, with homes in 50 global destinations.

Located just seven miles outside of Florence, the new Quintess villa is located on 23 acres of vineyards and olive groves.

Enhancing its Caribbean collection of homes, destination club Lusso just announced two new villas on the tropical island of Anguilla.

A European experience in the making. The new destination club, Botiga plans on launching its initial portfolio of homes to members by winter 2008. Botiga is already showing signs of promise. The club is on target to reach 20 Founder Members by the end of June 2008. They currently have three properties secured in their portfolio and three more are on the near horizon for purchase.

Solstice has just announced that its founder, Graham Kos, and unnamed outside investors have purchased a controlling interest in the company. The purchase essentially buys out the holdings of the Parallel management team, with which Solstice merged in late 2006.

Last week Ultimate Resort and Bombardier announced a strategic marketing agreement. With this new partnership Ultimate joins several other destination clubs that provide their members with special access to private jet companies. Here's a run down on the clubs and their private jet partnerships.