Skift Take

With Brad Handler out as chairman and his brother Brent Handler having given up the CEO role nearly a year ago, this deal represents a changing of the guard at Inspirato.

Inspirato brought in a new CEO and chairman, Payam Zamani, who arrived with a deal for $10 million in equity financing for the struggling luxury vacation club.

Inspirato also announced it's laying off 15% of its workforce and terminating underperforming leases in moves geared to help shave $25 million annually.

Zamani, is founder and CEO of private equity firm One Planet Group, which obtains 2.9 million new shares of Inspirato Class A common stock a