Inspirato’s Public Debut Receives Investor Endorsement of Subscription Travel
Photo Credit: An Inspirato property. The luxury vacation home brand went public on Nasdaq February 11, 2022. Inspirato
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Unlike Airbnb and Vrbo, which have struggled at times to attract ample numbers of hosts to meet demand, Inspirato and its subscription model play in a more focused space. Although there is plenty of competition, there are tons of potential home leases to lay siege for around the world where the monied set want to jet and play.
Inspirato, a subscription business for luxury home stays, began trading on Nasdaq Monday in a special purpose acquisition company deal with its eyes on its most important priority — securing additional leases of luxury homes.
While Inspirato, which secured more than $100 million in net proceeds from the deal, plans to invest in improvements for its subscription technology, the guest experience and personalization, said founder and CEO Brent Handler Monday, its key pursuit is adding to its roster of 425 managed homes. Inspirato's shares were up 17 percent in late afternoon trading.
"It is important to know that this is really a supply-driven business," Handler said, adding that executives from likes of Airbnb, Vacasa and Sonder would likely say the same. "It is really about supply, more so than demand."
Inspirato's largest geographies in descending order are North America, Latin America,
