Skift Take
The new CEO will have to figure out exactly what Inspirato will be. Is it the "luxury hospitality company" of 2019, the "innovative luxury travel club" of 2024, or something else.
With a $10 million financing deal and new CEO from private equity firm One Planet Group, Inspirato is now looking for support from another investor, Capital One.
Inspirato President David Kallery said during the company's second-quarter earnings call Wednesday that the company is finishing integration work with "strategic partner" Capital One, and plans on taking reservations from the credit card company starting in the fourth quarter.
Inspirato, the struggling luxury vacation club, is working with Hopper, which powers Capital One Travel, on the tech work, he said. Capital One is a major investor in both Hopper and Inspirato