Investor Presentation

INSPIRATO Inspirato has proven more resilient amid the downturn in travel and is expected to continue to outperform travel peers Online Travel Traditional Hospitality Traditional Vacation Rental Median: 45% Median: 69%. Median: 43% Median: 60% Median: 61% Median: 85% 119% 101% 92% 92% 70% 69% 69% 73% 62% 60% 64% 66% 61% 68% 58% 57% 51% 51% 45% 43% 48% 46% 43% 78% 75% 54% 49% 39% 41% 41% 27% 75% NING OLDINGS Trip.com airbnb INSPIRATO '21E-'23E Revenue CAGR Tripadvisor Expedia Median: 32% Hilton NENTAL Marroll HYAIT pebblebrook ACCOR HOTELS '20A Revenue as % '19A Revenue '21E Revenue as % 19A Revenue Median: 30% 51% 43% 38% 36% 32% 32% 31% 29% 27% 27% 24% BOOKING Expedia HOLDINGS Tripadvisor Trip.com INSPIRATO Source: FactSet as of 10/26/2021 and company financial model as of 05/07/2021 airbnb HYATT Hilton ACCORHOTELS TRAVEL MARRIOTT VACATIO ATIONS WORLDWIDE bluegreenvacations 23% 20% INTERCONSIN Marriott CONTINENTAL Median: 13% Hilton Grand Vacations 15% 11% 8% TRAVEL Hilton Grand Vacations VA OTT TIONS LOWI bluegreenvacations CONFIDENTIAL 44

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