Under Canvas Inc. is a leader in upscale, outdoor hospitality, offering safari-inspired tented accommodations outside some of America’s most iconic national parks and monuments. The company aims to provide an immersive outdoor escape, serving as a unique bridge between travel and nature while offering all the comforts of home. Currently, Under Canvas operates locations in West Yellowstone, North Yellowstone - Paradise Valley, and Glacier in Montana; Moab, Zion, Bryce Canyon, and Lake Powell - Grand Staircase in Utah; Mount Rushmore in South Dakota; Great Smoky Mountain in Tennessee; Grand Canyon in Arizona; and Acadia in Maine. This diverse portfolio allows the company to offer a range of experiences in different natural environments. Under Canvas Inc.'s positioning intersects with the growing trend of experiential travel and the increasing desire for unique, nature-focused getaways. The company's strong focus on upscale outdoor accommodations offers a distinct appeal to travelers seeking an escape to the great outdoors without sacrificing comfort. Furthermore, by strategically locating the accommodations outside national parks and monuments, Under Canvas capitalizes on the allure of these iconic destinations while providing a high-quality and immersive experience for guests. As investors consider opportunities in the travel and hospitality industry, Under Canvas presents a compelling proposition. The company's focus on enhancing outdoor experiences aligns with the evolving preferences of modern travelers, and its diverse portfolio of locations across the United States positions it to capture a broad market. Additionally, the company's emphasis on comfort and luxury in a natural setting sets it apart in the outdoor hospitality sector, presenting a strong competitive advantage. As the travel industry continues to rebound and experiences a shift towards nature-oriented travel, Under Canvas Inc. stands to benefit from this evolving consumer behavior.
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