But the future of destination clubs may rise and fall with the residential housing market.

Note a private residence club is different from a destination club, although the terms are sometimes used interchangeably.

Exclusive Resorts was founded in 2002 and has grown to be the world's largest and best destination club.

They have their own travel network of timeshare (or private) jets and destination clubs.

He is a founder and chairman of Inspirato, a private, luxury destination club.

On the other hand, destination clubs are structured more like country clubs.

When members want out, most destination clubs offer to refund 80 to 100 percent of the original deposit.

A few years ago destination clubs were unknown.

Compared with traditional time shares, destination clubs are still a cottage industry.

The number of destination clubs has more than doubled in the last year alone, to at least 24.