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Luxury Vacation Clubs Face Competition from New Rental Offerings

In recent years, vacation clubs like Inspirato have dominated the luxury vacation rental industry.  For affluent travellers, especially families, joining a travel club with hundreds of destinations has been more appealing than purchasing a vacation property.

These clubs provide luxury homes only to members.  Membership includes concierge planning and services such as pre-arrival grocery delivery and daily housekeeping.

Inspirato, the best-known club, charges a premium for excellent service and amazing destinations. Upfront fees, annual dues, and high nightly rates all equate to costly travel.  

And for many, this is a solid lifestyle investment.

However, for the budget conscious, the high fees and nightly rates don’t equate, especially if they rarely vacation.

New Travel Options

Providing quality beyond what Airbnb and VRBO can offer, companies such as Luxury Retreats, HomeAway Luxury, OneFineStay, ThirdHome Rentals, and Oasis Collections can guarantee similar luxury stays as Inspirato, without the membership fees.  Offering carefully vetted homes and premier decor, consumers have access to a luxury portfolio without being locked-in to membership.

Those looking to vacation in an apartment in New York City or any major city or vacation area can pay a nightly rental fee and can be assured the residence is beautiful. Luxury homes are available in thousands of cities globally, and many are verified for quality.

Some websites offer travel guides who are on duty 24/7.  Many homes include housekeeping services and other similar perks.

The rationality of getting similar services to Inspirato at a fraction of the cost is beginning to emerge, and these sites are catching on in popularity. They’ve earned a mention in publications such as The New York Times, Forbes, Bazaar, and Vogue, and they have high ratings on top travel sites such as Trip Advisor and Flipkey.

The breakdown between the two rental options is straightforward.

Vacation Clubs

Luxury Rental Services

For many, this new luxury rental model is the wave of the future. The ability to rent premier homes with a guarantee outweighs any benefits associated with an expensive membership.

Posted by on July 5, 2018.

Categories: Home Sharing

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