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Investor Presentation

INSPIRATO 1. Market Supply TAM of $275bn expected to grow to $385bn by 2025 Market Supply TAM 2019 Market Supply TAM -$275bn Market Supply SAM ~$65bn Source: STR, AirDNA, Euromonitor, Co Star, Technavio, Skift 2025 Market Supply TAM ~6% ~$385bn Market Supply SAM ~$90bn Total Addressable Market (TAM) represents total room revenues of luxury hotel chains and luxury private rentals Serviceable Addressable Market (SAM) represents the market rental value of lodging assets accessible for Inspirato partnerships Supply TAM growth rates expected to rebound towards pre-COVID levels starting in H2 2021 Inspirato's supply TAM growth will be mainly driven by momentum in luxury hotel market and private property rental market TAM SAM CAGR CONFIDENTIAL 19.
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