Denver-based Exclusive Resorts Investments, the parent company of Exclusive Resorts, is acquiring and taking private the luxury travel subscription company Inspirato in an all-cash deal for $59 million.
As part of that announcement, the company has launched The Exclusive Collective, a multi-brand luxury travel and lifestyle platform serving high-net-worth individuals and families. The Collective includes Exclusive Resorts, Inspirato and Onefinestay, the luxury villa rental and home-management brand that Exclusive acquired a controlling interest in earlier this year from Accor.
Under the agreement, Exclusive Resorts will acquire all outstanding shares of Inspirato stock for $4.27 per share in cash (which would represent a 50% premium based on the company's closing stock price on Dec. 16), and would value the company at approximately $59 million. Inspirato's board of directors has approved the transaction and will recommend a shareholder vote.
The company said this will form one of the most expansive private networks in luxury hospitality worldwide. Like Onefinestay, Inspirato will continue to operate as an independent brand and retain its subscription-based model. The transaction is subject to customary closing conditions, including approval by Inspirato's stockholders.
The company said The Exclusive Collective is designed to support long-term customer relationships rather than one-off transactions and that each brand will maintain a distinct role: Exclusive Resorts as an increasingly private, referral-based membership club serving a limited community of families; Inspirato as a premium, more flexible subscription-based offering for a broader high-net-worth audience; and Onefinestay as an invitation-only portfolio of private rental homes.
Upon closing of the Inspirato acquisition, The Exclusive Collective will serve more than 25,000 high-net-worth travelers annually across the three brands. The platform will be supported by Exclusive Resorts' $1 billion portfolio of owned private residences, together with a broader base of more than 3,000 leased and professionally managed residences operated by Inspirato and Onefinestay worldwide.
The Exclusive Collection is backed by majority owner Steve Case, co-founder of AOL, chairman and CEO of Revolution and chairman of Exclusive Resorts. It is expected to generate more than $500 million in revenue and approximately $70 million in EBITDA in 2026.
Source: Hotel Investment Today