I got an offer to join about a year ago.

It sounded very good but once I sat down and did my arithmetics, I dropped the idea of joining.

I can only advise you to hire a good lawyer and go VERY thoroughly over the contracts. On top of that, just the thought of investing $ 375'000.- and knowing one loses from the beginning 20%, makes me look twice.

I love luxurious resorts and use a lot of them all over the world. For most of them, the situation is not rosy at present and you can get in any of them excellent deals on very short notice indeed.

Why then invest so much and then yearly fees on top of that? Just to belong to a club? What are all the hidden costs that are going to fall upon you?

Some of the places sound and are beautiful but like everything if suddenly 10 members want to go there at the same time, then 9 are going to get a flat refusal. NOTHING can guarantee you access on short notice if it is in high demand. Be careful. A timeshare is a timeshare and until now I have read much more bad about them than good. What would make this program better?
Just the fact that it addresses itself to more wealthy clients?

My advice: If you can put up $ 375'000.-, you surely dispose of more. Invest it carefully and use the interests and the annual fees to go to normal resorts like One & Only etc. Just with that amount you'll already be able to stay at least 45 days a year in fantastic resorts. You'll still have your capital at the end of the year.

Please just be very careful and good luck