Launch of Inspirato Real Estate to develop its portfolio of luxury residences
WE: Luxury travel subscription company Inspirato announced the launch of Inspirato Immovable in a large strategic initiative to accelerate the expansion of its growing portfolio of branded luxury vacation homes and offer more choices to its subscribers.
With the latest launch, the company plans to enhance its supply pipeline by leasing luxury vacation homes to buyers who want to leverage Inspirato’s expertise to help them achieve their real estate and financial goals – that whether it’s for vacationing more often, for smart investing, or both. .
Through its exclusive subscription model, Inspirato claims to deliver “exceptional luxury travel experiences with superior service and certainty for affluent travelers to destinations around the world”.
As a key benefit of Inspirato’s value proposition, the company’s subscribers have exclusive access to 385 branded luxury vacation homes in the United States, Mexico, the Caribbean and Europe. Unlike vacation rentals available through online brokers, Inspirato Homes are vetted to meet rigorous company brand standards and managed and staffed in a way that is designed to be similar to how brands five-star hotels and resorts operate their properties.
Launched as a new brand for consumers, Inspirato Real Estate is poised to offer “an easy way to find, buy, own and enjoy a luxury vacation home”.
Potential buyers will be able to explore a verified collection of properties in sought-after vacation destinations directly on the Inspirato Real Estate website, and the company’s team of experts will help them make their travel choices, including putting them on in contact with a local real estate professional.
Prior to closing, they receive a personalized lease overview and financial performance profile, including a net income projection for the property of their choice. At closing, they rent out their new home in Inspirato and enjoy benefits specially designed to take the worry and uncertainty out of owning a luxury vacation home, such as:
- Leases that provide for predictable fixed rental income, regardless of bookings.
- Owner’s flexible usage plans with Inspirato’s luxury hospitality services such as daily housekeeping and on-site concierge to make it easier to use their new home with family and friends.
- Expert 24/7 property management, including everything from marketing and reservations to customer service, housekeeping, bill payment and maintenance.
- Proactive planning and improvements to help maximize property value.
- A free membership to the Inspirato Club, with member-only rates to travel through Inspirato’s growing portfolio of luxury vacation homes.
At launch, Inspirato Real Estate showcases a selection of properties in over fifty luxury vacation destinations including Vail, California Wine Country, Park City, Scottsdale, Rosemary Beach and Los Cabos.
Inspirato CEO and Founder Brent Handler said: “Over the past ten years we have developed a very effective methodology to add new stocks to the Inspirato portfolio. Inspirato Real Estate strengthens our approach as we pursue our vision of revolutionizing luxury travel with our innovative Inspirato Pass and Club memberships.
“We believe this new initiative will further enhance our ability to add exceptional new luxury vacation homes to help meet the growing demand from our subscribers, while providing a smart solution for families and investors who wish to reap the benefits of the luxury vacation property without the hassle. ,” he added.
Luxury vacation home owner Chris Bucher said: “Inspirato Real Estate has been the perfect solution for our family. They have provided us with financial peace of mind with multi-year leases, excellent property management services and excellent home improvements thanks to their amazing design team.
“We started with one property and have since grown with four more, and we couldn’t be happier. We feel very fortunate to have them as a partner for our vacation rental investment strategy, ”he added.
In addition to helping buyers, Inspirato Real Estate also provides solutions for luxury vacation home owners, sellers and real estate agents.
Landlords can submit their existing properties for consideration for the Inspirato portfolio and, if accepted, are eligible to receive the same benefits as new buyers, including a lease that provides for a fixed rental income. Sellers can work with their brokers to take advantage of these benefits to maximize buyer demand and expedite closings.
Meanwhile, real estate agents who partner with Inspirato Real Estate receive qualified referrals as well as marketing opportunities with Inspirato’s exclusive audience of affluent consumers.
Founded in 2011, Inspirato plans to be listed on the stock exchange through a business combination / specific acquisition company [SPAC] merger with Thayer Ventures Acquisition Corporation, in news that came to light earlier this year.