Monday, December 04, 2023
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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.

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The equity destination club recently sold out its first fund and is just launching this second fund. Owners in the Lone Star Fund will also have reciprocal use of homes in fund 1.

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The destination club has lowered the initial buy in level and expanded the properties to include usage at sister club Marriott resorts.

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These two equity based destination clubs have recently announced a reciprocity agreement, providing mutual access to their respective home portfolios.

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The rapidly growing, rental based club Inspirato has added some last minute travel deals for members. The club sends out weekly emails with residences that are available at very short notice for prices starting at $295 a night.

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Both of these clubs have launched in the last two years, and both offer fully serviced vacations at luxury villas, residences and select other travel opportunities. So how do they compare to each other? Read on....

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The first fund from Luxus, the Premiere Collection, is close to being sold out. The newly launched Elite Collection is targeting higher end vacation homes with average property values exceeding $2.5 million.

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Destination Club Exclusive Resorts launched Portico earlier this year and has seen phenomenal growth, adding over 1,600 members to date. Justin Halloran was formerly at vacation home giant HomeAway, where he launched HomeAway's flagship global template website across 12 countries.

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The London based equity destination club and property investment company recently added a very experienced CEO to oversee the company and it's continuing growth.

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The Ritz-Carlton Destination Club offers an array of properties for members to visit and enjoy. Like its hotel line, these residences offer five-star accommodations and amenities that are among the finest in the world. And the Aspen Highlands Ritz-Carlton is no exception to this rule.

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With the growing economy the equity destination club has taken on new staff to start to expand again and is adding new members.

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This new addition means shareholders will now have the use of apartments located in Paris, Barcelona, Florence and Prague. The Prague apartment is currently being refurbished and furnished and will be available to Rocksure shareholders from May. 

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It's not often that we indulge in a pure lifestyle piece on SherpaReport but the article below really struck a chord on several levels. It's written by someone who has true insight in to the lives of the ultra wealthy – his company is a legal and consulting firm that helps the country's wealthiest families and their family offices. So take a few moments, and read on.

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Each year the destination club designs a custom collection of "Once in a Lifetime" experiences. Their goal with these trips is turning "we've always wanted to" dreams into a lifetime of memories.

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The equity destination club is planning to close to new investors at the start of May. Anyone who wants to join after this date will have to wait until a current member investor is ready to leave.

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In expanding its Quintess Beyond program, the destination club has added some new and interesting locations for its members. All three of these locations are firsts for the destination club sector.

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Though it offers adventure and romance year round, Paris is definitely at its best during the Spring. In anticipation of Paris in full bloom, the SherpaReport asked concierge hosts from several destination clubs to provide some insights regarding a few lesser known places, which are very much worth visiting.

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The destination club has just announced a way for potential members to sample all the club has to offer. Under this trial membership a family can enjoy ten days of luxury vacations for $10,000.

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This new private club provides access to a growing portfolio of luxury vacation homes in some of the world's best destinations. Members receive personalized pre-trip planning and expert concierge service, all at members-only prices up to 50% below rental market rates.

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Investors in Cuvée Ventures reap some unique benefits. Not only have some of these limited partners received as high as an 82 percent net return on their initial investment over a three-year period, they can enjoy some incredible luxury properties.

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Rated number seven in the world rankings of professional tennis players, Czech born Tomas is considered by many to be one of the most exciting players in the game and a potential Grand Slam winner. He joins several other notable sports stars as an Ambassador for the equity destination club, The Hideaways Club.

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The luxury destination club has just added two spacious new homes in California wine country. These Sonoma properties are situated in some of the most coveted neighborhoods in the region.

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The two destination clubs just formed a new agreement whereby their members can use the residences at the other club.

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