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.
As of March 1st, the luxury vacation club Distinctive Holiday Homes has changed its membership plans and lowered the annual dues while increasing the initial membership fee on most plans.
Ultimate Resort has just acquired another destination club, Ventures Equity. The acquisition adds 6 new homes, with an average value of about $3m each, to Ultimates highest level "Elite" club.
In the current financial climate we wanted to see what sort of financial packages each of the different destination clubs were offering to help members with their joining fees. We asked each of the clubs about the packages that they offer.
It seems that many of the destination clubs are out competing each other to offer joining incentives at the moment.
Choosing a destination club can take a bit of thought and research. How do you know which one is best for you and your family? By following these simple guidelines our hope is that you will find the perfect club for your future vacations.
Under the heading "Paradise Lost" Fortune magazine just reported on the ascendancy and subsequent tribulations of Tim Blixseth and his Yellowstone Club. The article also covers his ultra luxury destination club, Yellowstone Club World.
Accredited investors who enjoy traveling to luxurious destinations and prefer to own a portfolio of homes instead of renting them should take a look at Equity Estates, LLC. This new destination club has recently launched and offers luxury vacations and a promising end goal for investors.