Exclusive Resorts’ offer to buy Inspirato just got more premium.

The Denver-based vacationing firm has upped its bid to takeover the publicly-traded company from $3.15 a share to $3.50 a share, according to a Thursday offer letter.

That price values Inspirato, the members-only luxury travel club, at $43.6 million, up from $39 million under the previous offer.

That figure does not include an additional approximately $25 million that Exclusive Resorts says it would also spend to rid of Inspirato’s debt, pay off “outstanding equity-linked securities” and cover transaction expenses. Exclusive said it would spend $68.6 million in all.

Exclusive CEO James Henderson called the bid “our best and final offer.”

Inspirato closed the day Thursday trading at $3.07 a share, a number that’s up 5% on

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