It's hard to see how an Exclusive Resorts-Inspirato deal doesn't eventually happen, barring another suitor coming into the picture. Of course, there are egos involved.
Japan's SPW gets Atelier Ace's design DNA and operational polish in the lifestyle segment. Ace gets deep pockets to support development and 2.5 million loyalty members to help with distribution.
At an infinitesimal fraction of the scale, an Inspirato-Buyerlink reverse merger, with both entities controlled and operated by Payam Zamani, would be something akin to Musk's Tesla going out and making a deal to acquire his AI startup xAI. Neither would be a good look.
India could have been the U.S.'s safe bet amid the current tourism turmoil. Instead, the stricter vetting, changing visa rules, and tariff wars might just have turned them away.
Oyo’s Motel 6 buy last year, and now TBO picking up Classic Vacations, show that Indian travel companies aren’t just playing catch-up globally, they’re setting the pace and shaping the game.
The deal comes as the aircraft leasing industry is becoming increasingly more consolidated. Air Lease will now have SMBC’s financial backing, and perhaps even more industry influence as a result of this deal.