Articles tagged “spacs”

Inspirato's woes do not appear to be a reflection of the broader luxury sector. Perhaps luxury subscriptions, though, don't have as much value in the eyes of wealthy travelers as the company purports.

A mobile app, online shopping cart, and easier group travel booking are highlights in a world of outdated tech for travel agents.

Selina is like a Tesla Roadster sportscar driving down California's Highway 101 on a sunny day while a malfunctioning hood is popping open and the battery's struggling to hold its charge. Everything's fixable, and the views are great. But repairs are urgent.

That Sonder's business has been struggling is not news, but a potential delisting of the stock could be a warning sign for other struggling companies in the industry that went public prematurely.

Accor is focused on setting itself apart by offering more than just a place to stay. Jean-Jacques Morin, a top Accor executive, discussed that and more at the Skift Future of Lodging Forum.

Sonder, the property management company that went public through a blank check merger, or SPAC, found someone to replace its outgoing chief financial officer with the help of 2.7 million…

If ever there was a put up or shut up time for vacation rental tech, it is now. Vacasa and top exec T.J. Clark are bent on improving direct relations with homeowners minus nearly 1,600 employees since October.

Sonder is a prime example of a company that shouldn't have gone public, but the special purpose acquisition company trend enabled it to start trading. From lots of hype to penny stock, that's the story now.

You win some, you lose some. As quickly as SPACs soared on the hype, they lost much of their luster just as quickly on Wall Street. Travel SPACs were definitely no exception. Take a look at the numbers.

Inspirato, the self-styled "luxury travel subscription brand," is becoming a little less subscription-oriented as it tries to expand its potential customer pool.