Articles from Inspirato Incorporated

Inspirato members to receive exclusive access to BLADE’s premium aviation services

Implemented reorganization plan, including consolidating dual class share structure, refreshing Board of Directors and executing plans with more than $40 million in annualized cost savings

DENVER, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (NASDAQ: ISPO) (the “Company”), the premier luxury vacation club, today announced plans to release its third quarter 2024 financial and operating results after market close on Monday, October 28.  

DENVER, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the premier luxury vacation club, today announced the promotion of Michael Arthur to Chief Financial Officer. Robert Kaiden, the current CFO, has planned to transition out of the role effective November 8, 2024. The Company also named three new members to its Board of Directors.

These curated experiences include iconic sporting events, culinary retreats, and unforgettable adventures.

The luxury vacation club is set to install Tonal’s revolutionary trainer in select vacation homes across the portfolio.

The members-only luxury vacation club boasts a high Net Promoter Score of 71, a metric for measuring customer satisfaction—one of the highest in the travel industry.

New Game-Changing Membership Provides a Decade of Luxury Travel at Fixed Nightly Rates

DENVER, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel club, today announced its Board of Directors approved the grant of equity awards on August 13, 2024 as a material inducement to the employment of newly-hired Chairman and CEO, Payam Zamani. The grants were made under the Company’s 2024 Inducement Award Plan (the “Inducement Plan”) in accordance with Nasdaq Listing Rule 5635(c)(4).

DENVER, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel club, today announced its 2024 second quarter financial and operating results, the closing of its previously announced $10 million Investment Agreement with One Planet Group LLC (“One Planet Group”) and is in the process of implementing initiatives expected to reduce costs by approximately $25 million on an annualized basis.

New CEO Focused on Profitable Growth, Remains Committed to Delivering Exceptional Service and World Class Experiences for its Members

DENVER, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (NASDAQ: ISPO) (the “Company”), the innovative luxury travel subscription brand, today announced plans to release its second quarter 2024 financial and operating results after market close on Tuesday, August 13.  

DENVER, May 07, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel club, today announced its 2024 first quarter financial and operating results.

DENVER, April 25, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (NASDAQ: ISPO) (the “Company”), the innovative luxury travel subscription brand, today announced plans to release its first quarter 2024 financial and operating results after market close on Tuesday, May 7.  

DENVER, March 05, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel club, today announced its 2023 fourth quarter and full-year results and provided 2024 guidance aimed at improving its path to profitability.

DENVER, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (NASDAQ: ISPO) (the “Company”), the innovative luxury travel subscription brand, today announced plans to release its fourth quarter and full year 2023 financial and operating results after market close on Tuesday, March 5.  

DENVER, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced its 2023 third quarter financial and operating results.

DENVER, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Inspirato Incorporated (NASDAQ: ISPO) (the “Company”), the innovative luxury travel subscription brand, today announced plans to release its third quarter 2023 financial and operating results after market close on Monday, November 6.

DENVER, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced that it will effect a reverse stock split of its Class A common stock, Class B Non-Voting common stock and Class V common stock (collectively, “Common Stock”) at a ratio of 1-for-20, effective as of the close of trading on October 16, 2023 (the “Effective Time”). The reverse stock split is being conducted in order to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule 5450(a)(1). The Company’s Class A Common Stock is expected to begin trading on a reverse-split-adjusted basis on Nasdaq as of the open of trading on October 17, 2023 under the existing ticker symbol “ISPO.”

New partnership allows Thomas James Homes’ clients to book travel within Inspirato’s curated collection of 750+ luxury vacation options in 100+ locations around the world

DENVER, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced that it has closed its $25 million senior secured convertible note issued by Inspirato to Capital One Ventures (the “investment”). On September 26, 2023, Inspirato shareholders voted to approve the investment, subject to the finalization of a commercial agreement between an affiliate of Capital One Ventures and Inspirato, which has been executed.

Co-Founder Brent Handler to Step Down; Independent Director Eric Grosse Appointed Chief Executive Officer Effective September 25, 2023

DENVER, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced its 2023 second quarter financial and operating results, entry into a definitive agreement for a new $25 million convertible note investment from Capital One Ventures and updated its full-year 2023 financial guidance.

DENVER, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced that it has entered into a definitive agreement for a new $25 million convertible note investment from Capital One Ventures. The capital is expected to provide broad operating flexibility to Inspirato as it continues to enhance the luxury travel experience it delivers for its members.

DENVER, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Inspirato Incorporated (NASDAQ: ISPO) (the “Company”), the innovative luxury travel subscription brand, today announced plans to release its second quarter 2023 financial and operating results after market close on Tuesday, August 8.