Holidays without hassles in destination clubs
By Patricia Reaney
NEW YORK (Reuters Life!) - Having lived in Europe and the United States and with family in England, British-born Emma Campbell and her husband were toying with the idea of buying a second home but couldn't decide where.
So instead of spending a hefty amount for a vacation home in a location they were unsure about, they joined a destination club that would enable them to spend holidays in luxury homes around the globe.
"We just could never settle on what would be the right place," said Campbell, who lives in Massachusetts. "As we have traveled all of our lives, and so have our kids, we also didn't like the idea of being tied to one place."
What she and her family did like was the ability to spend Christmas skiing one year and on the beach the next in million- dollar homes complete with a concierge and cleaning services.
"Another attraction was the lack of headaches and maintenance that you get with a second home," she added.
The Campbells are not alone. Industry experts estimate that about 6,500 people belong to destinations clubs, which were first launched about a decade ago.
INDUSTRY IS ITS INFANCY
For an initial fee that can range from $70,000 to 450,000 depending on the club, annual dues and a minimal charge per night, destination club members have access to homes dotted around the world for a limited numbers of days each year. Continued...