One of the largest destinations clubs as far as the number of members and number of homes, Exclusive Resorts offers various luxury residences in all of its destinations. Some venues include locations popular with the rich and famous such as Vail, Aspen, New York, Hawaii, Turks & Caicos, Bahamas, London, Tuscany, Paris, and Cabo San Lucas.
Membership plans range from 15-30 nights each year, and there are additional options for reserving destinations during peak holiday travel. These plans offer 30-year memberships, but there is also a 5-year membership plan.
Here’s what is being said about Exclusive Resorts.
There are arguments for and against joining Exclusive Resorts. Doing the math made many balk at paying the vast sums of money to join along with yearly costs. Many saw at least a $375,000 investment immediately depreciate 20% once purchased. Furthermore, you must prepare to lose all your money in the case the resort goes bankrupt. Condo hotels have more attractive financials since rental income can be generated.
Many luxury resorts offer excellent deals on short notice, but nothing can guarantee access on short notice if the demand is high. Think of the peak season and when your children are on vacation from school. Most families vacation around the same time each year.
One person advised that if you could afford to put up the $375,000, invest it carefully and use the interest and amount that you would spend on annual fees to go to standard resorts. With that amount, you may stay at least 45 days a year in incredible resorts around the world.
One vacation club owner discussed fractional ownership and how you are still responsible for taxes, but due to shared ownership, the costs are minimal. The member noted you can still gain price appreciation as he had a friend who sold his two-bedroom penthouse from a club and it had appreciated. He went on to say, this type of ownership is a smart way to enjoy luxury vacations.
Another member recommended that if you could afford to pay for the membership, it’s worth it for convenience and over time, they add more incredible destinations. He was very satisfied with his membership.
When planning a vacation, you can have the best of both luxury resort and private accommodations with Exclusive Resorts’ Residence Collection. Forbes reported that Exclusive Resorts is a leader in luxury lodging with the highest standards of service reserved for the utmost brand-loyal hotel patrons. Personal concierge services elevate the experience, and the service starts when you book your reservation.
One patron advised that his concierge started emailing him a month before his arrival and answered all his questions. She arranged for a rental car and provided suggestions for restaurants that weren’t tourist hot-spots and allowed them to experience the area like a local. She was always available but not intrusive.
The accommodations are beautiful in all the available locations, and most can accommodate up to 10 people. Many celebrities like Justin Timberlake and Green Bay Packers cornerback, Davon House, are members of luxury vacation clubs.
One member, a mother with two small children, said that Exclusive Resort’s travel planning experts are miraculous. Molly, her personal trip planner, already knew the ages and names of her children when they scheduled a phone call. She was ready to focus on the details such as what type of wine she preferred or what the kids ate for breakfast.
She offered to set up grocery delivery for goods they would need upon arrival. Molly asked about sleeping arrangements and provided the layout of the residence. Though they only talked for 20 minutes, she knew her vacation was in great hands. Molly had vehicles arranged for transportation to and from the airport with car seats for the children which saved her significantly transit time.
Planning the trip was a pleasure for this member. There was no anxiety in the planning stage which made the vacation experience much more enjoyable
Mostly the reviews of Exclusive Resorts were positive. They seem to be a convenient and time-saving way to enjoy luxury resorts. The club offers additional perks and flexible scheduling options to ensure members get their money’s worth out of their membership.
Not surprising, the cons to the membership are the price and many wonder if the cost is worth it.
With beautiful properties and locations, Exclusive Resorts is an excellent upscale vacation club that is worth investing in if you have disposable income. It’s the best of both worlds of a luxury resort and private accommodations.
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