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← Glossary

Vacation Club

A vacation club, or destination club, sells a membership that gives access to a portfolio of properties, usually booked with points or reservations. Members typically own no real estate, so they build no equity, and the membership may expire or lose value. GoForth's comparison puts destination clubs at about 15–30 nights a year, with roughly eight members per home. GoForth owners instead hold a deeded 1/4 interest in one specific home through an LLC and get 84 nights a year. Like club members, they can still travel more widely through the GoForth portfolio and ThirdHome.

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