Inspirato announces Inspirato Select, an innovative new luxury

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DENVER, June 09, 2022 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced the launch of Inspirato Select, a new subscription designed for personal and professional use. Inspirato Select offers an easy and economical way to buy, use and share hundreds of thousands of luxury vacations, with all rates per night, taxes and fees included.

The hallmark benefit of Inspirato Select is the ability to book and share Inspirato Select trips at no additional cost. Subscribers can choose from over 500,000 travel options in over 150 destinations, including Inspirato residences, luxury hotels and five-star resorts. The initial subscription includes three Inspirato Select trips; subscribers can then purchase additional travel packages whenever they wish. Inspirato Select also offers all the benefits of the company’s popular Inspirato Club membership, including access to a la carte travel booking in Inspirato’s exclusive portfolio at member-only rates with personalized five-star service every travel.

Here are examples of actual Inspirato Select trips:

  • A long weekend in a five-star penthouse in New York
  • Four nights in a four-bedroom, multimillion-dollar residence at a luxury resort in Los Cabos
  • A six-bedroom villa with ocean views and a private pool for four nights in the British Virgin Islands
  • Nine perfect nights in a suite at one of Chicago’s top five-star hotels
  • A four-bedroom residence for a five-night stay in the heart of Vail Village, Colorado

One of the most valuable features of Inspirato Select is that Inspirato Select trips are 100% transferable and can be shared with others at no additional cost. This gives subscribers the option to use their subscription in different ways: they can enjoy their selected trips themselves or gift them to family and friends. They can also use Select Trips for their companies to motivate, reward and retain high performers, thank colleagues and key partners, and host offsite retreats. However subscribers choose to use them, every Inspirato Select trip includes the personalized five-star service that Inspirato is known for.

“We are preparing for the launch of Inspirato Select by accelerating the growth of the Inspirato portfolio to record levels over the past year,” said co-founder and CEO Brent Handler. “With incredible pent-up demand, the time has come to introduce this simple, cost-effective solution designed to help consumers leverage the power of Inspirato travel in all areas of their lives. And as our most flexible subscription and shareable to date, we believe Inspirato Select will enhance the integrated network effect of our business model by introducing the distinctive Inspirato luxury travel experience to a wider audience of travelers.

Inspirato Select is available to new Inspirato subscribers as a standalone annual subscription that includes three Inspirato Select trips for $24,000, plus a one-time $2,000 enrollment fee. As a special introductory offer, for a limited time, new subscribers will receive a free fourth Inspirato Select trip at no additional cost. Inspirato Select travel packages are also available to current Inspirato subscribers as an optional upgrade, priced at four trips for $20,000.

About Inspirato

Launched in 2011, Inspirato (NASDAQ: ISPO) is the innovative luxury travel subscription brand that provides access to a managed and controlled portfolio of hand-selected vacation options, delivered through a subscription model to ensure the service and certainty that affluent customers demand. The Inspirato portfolio includes branded luxury vacation homes available exclusively to subscribers and guests, accommodations at five-star hotels and resort partners, and personalized travel experiences. In 2019, Inspirato revolutionized travel by introducing Inspirato Pass, the world’s first luxury travel pass that includes all fares, taxes and overnight charges. In 2022, Inspirato created its most shareable subscription with Inspirato Select, offering easily transferable trips for personal and business use. For more information, visit www.inspirato.com.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the federal securities law. Forward-looking statements can be identified by words such as: “believes”, “may”, “may”, “will” and similar references to future periods. Examples of forward-looking statements include, but are not limited to, statements we make regarding growth and product development.

Forward-looking statements are neither historical facts nor guarantees of future performance. Instead, they are based solely on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are beyond our control. Accordingly, you should not rely on any such forward-looking statements. Important factors that could cause our actual results to differ materially from those set forth in the forward-looking statements include, but are not limited to, the risks detailed in our filings with the Securities and Exchange Commission (the “SEC”). , including in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 filed with the SEC on May 13, 2022 and subsequent filings with the SEC.

Any forward-looking statement we make in this press release is based solely on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to update publicly any forward-looking statements, written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

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