Exclusive Resorts acquires Inspirato for $59M

DENVER — Denver-based Exclusive Resorts Investments LLC, the parent company of Exclusive Resorts, is acquiring and taking private the luxury travel subscription company Inspirato Inc., in an all-cash deal for $59 million.

As part of that announcement, the company has launched The Exclusive Collective, a new 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 Denver-based Inspirato stock for $4.27 per share in cash (which would represent a 50% premium based on the company’s closing stock price on December 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.

Bringing these brands together isn’t about getting bigger; it’s about being more useful, more relevant, and more attuned to people’s lives. It’s a business designed to grow with its customers, and a philosophy centered on how people choose to spend their most finite resource: time.

James Henderson

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The Exclusive Collection is backed by majority owner Steve Case, co-founder of AOL, chairman and CEO of Revolution and chairman of Exclusive Resorts (who spoke with Hotel Investment Today earlier this year). It is expected to generate more than $500 million in revenue and approximately $70 million in EBITDA in 2026.

"At its core, The Exclusive Collective is about choice and continuity,” said James Henderson, CEO of The Exclusive Collective and Exclusive Resorts. “For more than two decades, we’ve watched how our members’ lives evolve — the way they traavel in their 40s often looks very different from how they travel later with grown children and friends. Some begin with the flexibility of a subscription, others move into private membership, and many continue to value the freedom to choose the perfect home, at the perfect moment, in the perfect place. The Collective reflects that reality. Bringing these brands together isn’t about getting bigger; it’s about being more useful, more relevant, and more attuned to people’s lives. It’s a business designed to grow with its customers, and a philosophy centered on how people choose to spend their most finite resource: time.”

“As an early investor in and customer of both Exclusive Resorts and Inspirato, I’ve seen firsthand how each brand has helped redefine its segment of the travel industry,” said Case. “By uniting these companies under The Exclusive Collective, we believe the combined platform will be well-positioned to help shape the next wave of innovation in luxury hospitality — one that aligns with shifting consumer expectations around flexibility, community, and personalized experiences. It’s a forward-looking model designed to strengthen customer satisfaction and drive accelerated growth.”