Some thoughts about this destination club...

1. Strange time to roll it out.
2. If there were destinations other than current club destinations, like Paris, London, Rio, etc, this would have some "WOW" factor. As it stands currently, the locations are no different than the club.
3. Call me cynical, but it looks like it's a way to sell unused/foreclosed inventory in the existing clubs. For the existing club members, it pulls availability from inventory. On the other hand, it helps with paying the overhead.
4. I'll be curious to see how they handle the deed, and how saleable it is aftermarket. After all, you're not buying 1 property, you're buying a piece of all of them.
5. Nice to be able to use the hotels in exchange for points, but I don't think people are going to purchase this for that purpose.
6. What are yearly maintenance/dues numbers?
7. It looks REALLY expensive compared to the club numbers, for not a lot of extras (see #2).