Denver-based luxury travel club Inspirato, which leases high-end vacation homes exclusively to its members, is going to list some of its properties on sites like Airbnb, making them available to rent by the public. Even though shares of Inspirato stock have fallen by 90% since going public last year, the company has a surplus of homes following an increase in “revenge vacations” after COVID stay-at-home orders, which peaked in 2022. Therefore, Inspirato has increased its properties by 30% this year, and to offset costs, the company will list about 10 homes on third-party sites, which will allow it to monetize its assets without services and benefits for members. Inspirato members pay a monthly fee for full-service vacations, including daily house cleaning, grocery deliveries, and complementary Cadillacs, among others. The homes listed on third-party sites will likely not have any amenities, and they may cost more than what Inspirato members pay. Moreover, the company expects to spend $90m on leases for 733 vacation spots this year, but lost $51m on total revenue of $350m last year. Although CEO David Kallery is not ready to say that this listing on third-party sites is going to be a major strategy of Inspirato, he noted that “if we see this works well, it could be huge advantage to our members. We can capitalise on acquiring (property) even though we don’t have the demand because we can monetise it for a brief period of time.”