Sun 6 Jan 2008
With 2007 wrapped up, Helium Report is turning its attention to what’s in store for destination clubs in the year ahead. No doubt that 2008 will include a handful of mergers, as the industry consolidation of the last two years continues. Clubs will also add more membership perks such as hotel alliances and pre-arranged trips for members just as Exclusive Resorts launched their Once in A Lifetime travel program last year.
This year, however, is a true turning point for the industry. With the slowdown in the real estate market affecting many once high-flying second home locales, the door is wide open for destination clubs to make a wider push into the vacation home alternative market. With that in mind, we sat down with Jamie Cheng, Helium Report’s co-founder and chief analyst to talk about what’s next for destination clubs.