Destination Clubs – How Could They Affect the Timeshare Industry?


There are some timeshare resorts that position themselves in the super-luxury end of the travel spectrum.  However, more and more companies are going the route of “Destination Clubs” — high-end vacation property vacation clubs designed for the wealthy who do not want to hassles of ownership.

Memberships can run from $50,000 through to half a million dollars upfront with significant annual fees.  For these large sums of money, members do not hold title or a deed to the portfolio of Club properties.  Instead, they are granted now-and-then access to a collection of luxury houses in exotic locales around the world.  Without the worry and upkeep of ownership, members need only spend there money and not much time to enjoy a mansion away from mansion (as opposed to a home away from home).

Destination clubs are not regulated as heavily as timeshares in terms of the sales & deeding process because they have been introduced only recently.  Unfortunately, the lack of regulation and of course, the downturn in the economy may have contributed to many clubs having to close their doors.  Hence, timeshare industry advocates are worried that fallout from bankruptcies of destination clubs could affect an already maligned timeshare industry.

3 Responses

  1. […] There have been a little timeshare resorts which on all sides themselves in a super-luxury finish of a transport spectrum.  However, some-more as well as some-more companies have been starting a track of “Destination Clubs” — high-end eighth month skill eighth month clubs written for a rich who do not wish to hassles of ownership.Memberships can run from $50,000 by to half a million dollars upfront with poignant annual fees.  For these vast sums of money, members do not reason pretension or a help to a portfolio of Club properties Blog Source […]

  2. […] Destination Clubs – How Could They Affect the Timeshare Industry? « Timeshare Relief 360 | Get Ri… timesharerelief360.wordpress.com/2009/10/05/destination-clubs-how-could-they-affect-the-timeshare-industry – view page – cached There are some timeshare resorts that position themselves in the super-luxury end of the travel spectrum. However, more and more companies are going the route of “Destination Clubs” —… (Read more)There are some timeshare resorts that position themselves in the super-luxury end of the travel spectrum. However, more and more companies are going the route of “Destination Clubs” — high-end vacation property vacation clubs designed for the wealthy who do not want to hassles of (Read less) — From the page […]

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