(TVAC), (TVACU) – Luxury Travel Startup Inspirato Aims SPAC Merger With Thayer Ventures In $1B Deal: Bloomberg

  • Denver’s luxury travel startup, Inspirato, is planning a reverse special purpose acquisition company (SPAC) merger with Thayer Ventures Acquisition Corp (NASDAQ: TVAC) (NASDAQ: TVACU) to go public at over $1 billion valuation, Bloomberg reports.
  • Inspirato offers unrestricted booking in luxury vacation homes and five-star hotel brands like Ritz Carlton, starting from a monthly $2,500, with no incremental fee. Another monthly plan of $600 offered booking privileges, excluding additional nightly rates.
  • The company’s booking activity rose 30% year-over-year amid the pandemic, based on…

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