Posh Blog
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The Problem
Though larger outdoor operators have reached scale (see Under Canvas’ $100+ million exit to KSL and Marriott’s acquisition of Postcard Cabins), a boutique operator is yet to do so.
This is down to a combination of factors:
Lengthly Development Timelines:
Zoning and Permitting Challenges:
Separate Capital Raises for Each Project:
Acquiring and developing outdoor lodging from the ground up requires significant capital, and each new development requires an additional capital raise.
Long Lead Times on Lodging Units:
Operators must either design and build their own units or order from small manufacturers with long lead times
The Solution
Posh Outdoors capitalizes on the growing demand for experiential travel through revenue share partnerships with tourism businesses. Posh provides modular outdoor lodging units to landowners, along with social media and revenue management services, in return for a split of the revenue.
This model sidesteps the supply-side barriers that have prevented boutique operators from reaching scale.
Land Partnerships, Not Acquisitions:
The partnership model removes the need to find, acquire and develop raw land. Development timelines are condensed considerably.
Partnering with Businesses Minimizes Zoning Challenges:
Tourism businesses are typically zoned appropriately, resulting in shorter permitting timelines. They also benefit from existing infrastructure and built-in customer bases.
A Single Efficient Capital Stack:
80%+ of Posh capital is invested in lodging units. While we plan on ongoing capital raises, there’s no need for a separate raise for each new project.
A Scalable Supply Chain of Modular Lodging Units:
Partnership with founder-owned EJH Distribution gives Posh access to several manufacturers, discounted structures and short lead times.
The Next Step
We’re scaling the boutique outdoor resort model across the US and Canada. And we’d love to work with you.
If you’re interested in experiencing a Posh partner resort, book your stay at Skyridge Glamping.
If you’d like to explore partnering with Posh Outdoors to add lodging units to your property, find out how it works.
If you’re interested in investing, head to our investor page.
Got questions? Email info@posh-outdoors.com.
Interested In Becoming a Posh Partner?
Meet The Team
Kevin O’Brien
Lee Pritchard
Edward Haynes
Nick Purslow
