Articles tagged “inspirato”

Good morning from Skift. It's Tuesday, February 15, in New York City. Here's what you need to know about the business of travel today.

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.

So far, luxury travel club Inspirato is on track with the projections it made in June for its growth. Other companies looking at subscription or luxury products should take note of its latest pitch deck.

So far this year, a dozen travel companies went public or made plans to do so. A couple of them may shine. But the odds are stacked against this year's IPOs, on average, over the long term. Find out why.

In its rough outlines, Expedia begot Trip.com Group while Kayak and ITA Software begot Google Travel. Get ready for a flurry of clones in fintech, superapps, and subscription services in travel. In fact, it's already happening.

In Skift’s top stories this week, the UK opens up more non-essential travel, Reserve with Google is ending, Hawaii's residents say tourism is worth its troubles and American Airlines sues Sabre — again.

It's the latest validation of the subscription model in travel. Inspirato, which has 12,500 customers paying for its luxury travel subscription products, is merging with Thayer's special purpose acquisition company, or SPAC.

Subscriptions look set to be big business, with the needle currently swinging to higher quality holidays and experiences.

Some companies will add subscriptions to their mix of revenue streams, while others will go to market with subscriptions as the foundational offering in attempts at becoming a sort of Netflix of travel.

Earning consumer loyalty means more than giving them rewards. Subscriptions and memberships represent a compelling way for travel companies to create lasting relationships with consumers.