Inspirato Incorporated ISPO

Competitive advantage analysis · consumer-cyclical

Corporate Default
Overall moat score
33/100
Developing

About Inspirato Incorporated

Inspirato Incorporated, together with its subsidiaries, operates as a luxury hospitality club in the United States and internationally. The company's portfolio includes luxury vacation homes, and accommodations at luxury hotels and resorts, as well as luxury safaris, cruises, custom-designed itineraries, and other experiences. It is also involved in solving critical pain points for hospitality suppliers seeking to monetize their property … Full ISPO analysis →

Competitive advantage assessment

Key risks

  • ROIC Below WACC or Peers ROIC at 29.4th percentile suggests inefficient capital deployment.
  • Scale Without Profitability Despite scale, profitability lags peers (score 0.23), suggesting limited competitive advantage.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
40

Where ISPO ranks in Travel Services

Inspirato Incorporated ranks #16 of 20 scored companies in Travel Services by moat score — the top 80%. The widest moat in the group is Booking Holdings Inc. Common St (BKNG) at 76/100.

Moat scores for companies ranked near ISPO in Travel Services
# Company Moat score Rating
12 Lindblad Expeditions Holdings I LIND 45/100 Developing
13 Tuniu Corporation TOUR 45/100 Developing
14 Yatra Online, Inc. YTRA 43/100 Developing
15 Norwegian Cruise Line Holdings NCLH 40/100 Developing
16 Inspirato Incorporated ISPO 33/100 Developing
17 Inspirato Incorporated ISPOW 29/100 Developing
18 NextTrip, Inc. NTRP 9/100 Weak
19 Despegar.com, Corp. DESP 0/100 Weak
20 Vacasa, Inc. VCSA 0/100 Weak

See every General Corporate company ranked by moat score →

How ISPO scores on the Corporate Default defenses

Pricing Power

Score 40 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 35 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 47 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 19 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 37 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 20 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding ISPO's moat

What is Inspirato Incorporated's moat score?

Inspirato Incorporated (ISPO) scores 33 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #16 of 20 scored companies in Travel Services, the top 80%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 19 companies in Travel Services. Its strongest defense is Customer Stickiness (47/100) and its weakest is Capital Efficiency (19/100).

How does Inspirato Incorporated compare with other Travel Services companies?

Inspirato Incorporated ranks #16 of 20 scored companies in Travel Services by moat score. The widest moat in Travel Services is Booking Holdings Inc. Common St (BKNG) at 76/100. The companies ranked closest are Norwegian Cruise Line Holdings (NCLH) at 40 just above it and Inspirato Incorporated (ISPOW) at 29 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 19 companies in Travel Services. The defenses are then weighted to produce the overall score out of 100.

Why is Inspirato Incorporated scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Inspirato Incorporated?

The Corporate Default template measures 6 defenses, and ISPO scores: Pricing Power (40), Cost Advantage (35), Customer Stickiness (47), Capital Efficiency (19), Resilience (37), Scale & Market Position (20). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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