Untangling the Luxury Home Name Game

There’s no shortage of uninspired lingo when talking about luxury travel options, but which terms really matter for consumers? For starters, vacation club is a word that some analysts use to refer to destination clubs, the fastest growing segment of the luxury travel market.

Vacation club members share a portfolio of multi-million dollar homes around the world, for an entry fee ranging anywhere between $35,000 and $3,000,000. Members pay annual dues that cover the operating expenses, and gain the right to vacation at exclusive destinations worldwide for an allotted number of days every year. Vacation clubs are essentially a hybrid solution combining the amenities and services of a five-star hotel with the luxury of staying at a multi-bedroom vacation home. Needless to say, they have a lot to offer, but asking the right questions when joining a club can give you peace of mind; download Helium Report’s Decision Guide to Destination Clubs for a comprehensive list of due diligence questions.

In addition to annual dues comes the membership deposit – usually in the six-figure range. The opportunity cost behind a vacation club could be higher than anticipated. Helium Report has a cost-per-night analysis tool for consumers here:

• Cost-Per-Night Analysis: Part 1
• Cost-Per-Night Analysis: Part 2

Also use Helium Report’s Cost-Per-Night Online Calculator so that based on your cost of capital, membership deposit and annual fees, you can determine which club offers the best solution for your needs. A complete directory of destination clubs is available on our site.