Thomas James Homes (TJH), the largest replacement homebuilder in
the country with more than 500 homes in production and divisions in
Southern California, Northern California, the Pacific Northwest,
Colorado, and Arizona, today announces its strategic partnership
with Inspirato Incorporated (“Inspirato”) (NASDAQ: ISPO), the
innovative luxury travel subscription brand. As a key component of
the relationship, Inspirato will provide TJH clients with 12 months
of a complimentary Inspirato Travel Membership. This membership
will allow clients to book travel within Inspirato’s curated
collection of 750+ luxury vacation options in 100+ locations around
the world paying members-only rates as they travel.
“We are thrilled to partner with Thomas James
Homes, which provides homebuyers with access to lifestyles as
vibrant and varied as the communities in which they build,” said
Dain Rasmussen, Senior Vice President of Sales at Inspirato. “Their
clients share the same discerning tastes as Inspirato members, so
there is a lot of synergy between our portfolio and the homes that
TJH builds. We look forward to welcoming them on many Inspirato
vacations where they will feel at home as they await their dream
homes to be completed.”
While TJH clients await the completion of their
new home, they can travel the world and settle into an Inspirato
luxury home in preferred destinations like Los Cabos, Mexico, Vail,
Colorado, and Tuscany, Italy. Plus, they will enjoy the first-class
service Inspirato delivers including customized pre-trip planning,
daily housekeeping, and an on-site concierge.
“In addition to delivering a high-quality
customer experience, elevated product and end-to-end simplicity in
the design and construction process, Thomas James Homes is always
looking for ways to add value for our customers,” said Brian Reid,
Chief Sales & Marketing Officer, Thomas James Homes. “Our
alignment with Inspirato enhances TJH’s ‘peace of mind’ promise,
offering an opportunity for our clients to enjoy Inspirato
membership benefits while their home is brought to life.”
Recently, TJH announced a new chapter for the
company with the launch of the Private Client Group: a new sales
team to support the company’s BUILD by TJH solution. With a
commitment to “unlock access to the coolest neighborhoods, one new
home at a time,” the well-established company is putting a stronger
emphasis on their BUILD offering, which enables homeowners to
unlock the value and potential of their existing home by tearing
down their old home and rebuilding a new, more functional one in
its place—all with the confidence of TJH’s pricing and on-time
delivery guarantees. BUILD offers TJH clients an opportunity to
maximize the square footage and value of their existing home
through a turnkey design-build solution that drastically simplifies
the traditional custom-building model. Two key differentiators are
TJH’s ability to guarantee price upon contract execution and
on-time delivery within 12 months of starting construction achieved
through an integrated process that includes architecture, design,
permitting, and construction management, while eliminating costly
overages and delays.
In addition to BUILD, TJH’s BUY
capabilities provide access to design-driven, pre-construction and
newly developed, move-in-ready homes across Southern California,
Northern California, Arizona, Colorado and the Pacific Northwest.
In 2023, TJH will deliver between 275 to 300 spec homes to its
valued customers across in-demand neighborhoods. Designed by a team
of top architects and designers, the company’s collection of
single-family homes offer the latest in smart home technology,
design trends and flexible living spaces.
To learn more about TJH, visit tjh.com. To learn
more about Inspirato, visit inspirato.com.
About Thomas James
HomesHeadquartered in Aliso Viejo, California, Thomas
James Homes (TJH) is the leading single-lot replacement homebuilder
unlocking invaluable access to new homes in the coolest
neighborhoods. TJH has more than 500 homes in production across
Southern California, Northern California, the Pacific Northwest,
Colorado, and Arizona. Delivering design-driven homes in
communities within major metro areas where new construction is rare
and in demand, TJH's customer-centric solutions include options to
build a new home on an existing homesite, personalize a
pre-construction home, or buy a completed home curated by in-house
design experts. Committed to long-term trade partnerships and
recognized by the National Association of Home Builders for its
award-winning agent program, TJH exists to help everyone in its
marketplace thrive. Thomas James Homes is owned by Funds managed by
Oaktree Capital Management, L.P. To learn more visit tjh.com.
About InspiratoInspirato
(NASDAQ: ISPO) is a luxury travel subscription company that
provides exclusive access to a managed and controlled portfolio of
curated vacation options, delivered through an innovative model
designed to ensure the service, certainty, and value that
discerning customers demand. The Inspirato portfolio includes
branded luxury vacation homes, accommodations at five-star hotel
and resort partners, and custom travel experiences. For more
information, visit www.inspirato.com and follow @inspirato on
Instagram, Facebook, Twitter, and LinkedIn.
FORWARD-LOOKING STATEMENTS This
press release contains forward-looking statements within the
meaning of the federal securities laws. Forward-looking statements
generally relate to future events or our future financial or
operating performance. In some cases, you can identify
forward-looking statements because they contain words such as
“believe,” “may,” “will,” “estimate,” “potential,” “continue,”
“anticipate,” “intend,” “expect,” “could,” “would,” “project,”
“forecast,” “plan,” “intend,” “target,” or the negative of these
words or other similar expressions that concern our expectations,
strategy, priorities, plans, or intentions. Forward-looking
statements in this press release include, but are not limited to,
statements regarding our expectations relating to future operating
results and financial position; business strategy and plans; market
growth; market position; and potential market opportunities. Our
expectations and beliefs regarding these matters may not
materialize, and actual results in future periods are subject to
risks and uncertainties, including changes in our plans or
assumptions, that could cause actual results to differ materially
from those projected. These risks include our inability to forecast
our business due to our limited experience with our pricing models;
the risk of downturns in the travel and hospitality industry; our
ability to compete effectively in an increasingly competitive
market; our ability to sustain and manage our growth; and current
market, political, economic and business conditions and other risks
detailed in our filings with the Securities and Exchange Commission
(the “SEC”), including in our Quarterly Report on Form 10-Q that
was filed with the SEC on August 9, 2023, and subsequent filings
with the SEC.
Past performance is not necessarily indicative of future
results. If any of these risks materialize or our assumptions prove
incorrect, actual results could differ materially from the results
implied by these forward-looking statements. In addition,
forward-looking statements reflect our expectations, plans, or
forecasts of future events and views as of the date of this press
release. We anticipate that subsequent events and developments will
cause our assessments to change. All information provided in this
release is as of the date hereof, and we undertake no duty to
update this information unless required by law. These
forward-looking statements should not be relied upon as
representing our assessment as of any date subsequent to the date
of this press release.
Media Relations: communications@inspirato.com
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