What are Destination Clubs?
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What are Destination Clubs?
Being part of a club entitles a member to the use of the clubs properties, and this applies whether it's a health club, a country club or a golf club. A destination club is no different. The properties offered by this sort of exclusive organization are high-quality, fully serviced, luxury vacation homes. Destination clubs offer their members a flexible alternative to luxury hotels, second homes and vacation home rentals. The clubs have properties located in a variety of destinations, sometimes on a global scale. They also provide the peace of mind that comes from knowing each home will be maintained to a consistent, very high standard.
Different people have different ideas about what makes a great vacation. For this reason, destination club homes can be found in a variety of settings. Beachfront properties are always popular (eg in Hawaii, the Caribbean, Florida, the Mediterranean) and so are mountain hideaways with access to great ski slopes (eg in Vail, Aspen, Deer Valley, Swiss Alps). Locations in leisure resorts offer superb golfing, spa and other relaxation opportunities, while urban apartments provide luxurious city accommodation.
Clubs typically provide a full range of services both before and during a stay, so that members can enjoy relaxing, stress free vacations. They help members with all their pre-trip planning, making flight arrangements and organizing ground transportation. Prior to the member's arrival, the kitchen will be stocked with both groceries and beverages that the member requests. A similar service will be available in the living areas, with books, games, entertainment and even fresh flowers provided according to the member's wishes. Daily or weekly housekeeping is also part of the package.
A local concierge will be on hand to arrange tickets and reservations for any on site activities that the members would like to participate in. This can include tee times at the local golf course, spa bookings and dinner reservations at exclusive restaurants amongst many others. Clubs will also arrange for a personal chef to come in and cook either a special meal or every meal, if that's what a member would like. Anything that might be needed to accommodate small children (highchairs, playpens, safety gates) can also be installed, and nannies, babysitters or tutors can be organized for older kids.
Types of property
As a guide to the standard of property available, the homes have a typical market value of $1,000,000 to $3,000,000+, with different clubs offering various levels of homes. In metropolitan areas, the accommodation will have a floor space of around 1,500 square feet. Beach front and more rural retreats have more land in general, so floor space can be anything up to 6,000 square feet. The city locations tend to be made up of luxury condominiums, and feature all the associated amenities. Beachfront and scenic retreats are usually freestanding houses with 3-, 4-, 5- or even more bedrooms, often surrounded by well-tended gardens and secluded enough to offer a real sense of privacy. The spacious nature of the homes is perfect for large families and groups of friends to all vacation together.
The cost of joining a destination club can be split into three categories. There's the initial payment to join, annual membership dues, and nightly fees for staying in the accommodation. All of these amounts vary enormously depending on the club, the properties in its portfolio and the level of membership.
Equity Clubs - Typically there will be an initial fee of $150,000+ and annual membership dues of $15,000+. The annual dues cover a number of prepaid nights for the year. Members have ownership or an interest in the clubs real estate.
Prepaid Clubs - offer a range of memberships from one year to lifetime memberships. The initial fees and annual dues vary accordingly. Members choose a plan level each year based on the number of days they wish to travel.
Rental Clubs - Have a low initial fee in the region of $10,000 and annual dues of about $2,500. All nights are then paid for as they are reserved and vary according to the property, the season and location.
In nearly all cases the clubs homes are available exclusively to members.
Compared to Private Residence Clubs
Destination Clubs and Private Residence Clubs have a lot in common but also have some differences. If you're considering one you should certainly look at the other. Read our article "The Difference between Destination Clubs and Private Residence Clubs" as a starting point in your research.
Destination Clubs are also an alternative to owning a second home, there are pros and cons on both sides which you can read about in the article linked above.
For more information on destination clubs you can start at "Compare destination clubs" which lists the main clubs.
PRIVATE RESIDENCE CLUBS ~~~ IN MANY BEAUTIFUL PLACES
Private Residence Clubs and Luxury Fractionals offer the service levels of luxury hotels with 24 hour concierges and daily maid service. Your home will be prepared for you before you arrive and you can just leave it at the end of your vacation and not need to worry about it. The concierge can book tee times, lift tickets, spa times or theatre tickets to ensure that you make the most of your vacation time. Other services can include airport valet, private chefs, childcare and ski butlers to name but a few.
Price and Value
The dollars involved is usually a factor, but different folks have different ways of looking at this. The most straightforward way is to equate the dollars you're spending with the amount of time that you'll spend in your property. Most people with second homes find they only spend 3 to 6 weeks a year at their second home. So by buying a luxury fractional you can effectively only pay for the amount of time that you're going to actually use your property.
Some examples of this in the words of actual owners are:
"We paid $400,000 for a fractional share of a $3 million lakefront home that we can use for six weeks out of the year, which is as long as we would use it anyway. It has a private beach and a boat dock, and you are sitting on the lake, all for $400,000. With all this," he enthuses, "why would you buy a complete home?" said Art Savage majority owner and CEO of the Sacramento River Cats as reported in Worth Magazine.
"It was very affordable, and the whole resort has the lifestyle amenities I'm interested in, I don't see a downside yet at all.'' said Tim Hoagland, of Los Gatos, CA as reported in The Mercury News.
"I can't justify owning a place all year if I'm not going to spend much time there, " said Dennis Howe of Cornelius, N.C. as reported by Vacation Homes Magazine
"It’s got to fit your lifestyle, and for us it made sense and it continues to make sense," Charlie Feuss said, as reported in the New York Times.
In an independent survey carried out by research firm Ragatz Associates in 2005, they confirmed that this fractional cost compared to the full cost of whole ownership, was the most important factor motivating high income households to buy private residence clubs and luxury fractional property.
WEBSITES TO EXPLORE FOR PRIVATE RESIDENCES:
PRIVATE JETS AND CHARTERS
Value & Convenience for Private Jet Flights with our SkyCard program.
The Blue Star Jets SkyCard offers unprecedented convenience and flexibility for all your private jet needs. As a cost-effective alternative to the high cost of fractional aircraft ownership, the SkyCard entitles members to special privileges and services designed to make your charter flight experience the best it can be.
One look at the SkyCard vs. Fractional comparison illustrates the overwhelming benefits of the Blue Star Jets SkyCard.
The Blue Star Jets SkyCard Program offers:
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* One single SkyCard is all you need for any charter jet flight
* Your own personal travel consultant
* Personal concierge to assist with travel, dining and entertainment needs
The SkyCard program's benefits are:
* no membership fees
* no aircraft acquisition costs
* no monthly aircraft management fees
* no long-term contractual commitments
TO DOWNLOAD BLUESTARJETS BROCHURES, GO HERE:
ADDITIONAL LINKS TO INVESTIGATE:
CHARTERING YACHTS AND BOATS ~ FUN IN THE WATER
Arctic ~ Amazon River ~ South Pacific ~ South and Southeast Africa ~ Myanmar (Burma) ~ Antarctica ~
FLOATING ... HOME CHARTERS~
Floating Villas - Charter Yacht Vacations in the Virgin Islands, Caribbean
PRIVATE CHARTER, YACHT 2.JPG
OTHER LINKS TO EXPLORE:
Note: The hard working moderator from the WingIt Site who compiled this list of destinations and travel tips had written Recaps last month and asked us not to post their name,
We greatly appreciate all they do and wanted to honor their wishes.....~Thank You very much