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How the pandemic made summer 2020 the summer of hotel buyouts for wealthy travelers

  • All-property buyouts, where one family or group rents out every single room, gained new urgency — and appeal — during the pandemic-constrained summer season.
  • From inns on the coast of Maine to island resorts, buyouts presented an appealing option to travelers looking to minimize their exposure to others.
  • Visit Business Insider’s homepage for more stories.

 

It was only supposed to be a week-long trip away from New York City for Dan Bassichis.

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In mid-March, the divorced private equity exec had taken his two daughters skiing in Vermont. But as the pandemic worsened, Bassichis decided to work remotely and rented a house nearby. He chose a house large enough that it had room to create an extended family bubble and invited not only his ex-wife and her new husband to join them, but also the man’s ex-wife and their two sons.

When the rental period expired, the pandemic-era family unit didn’t want to come back to the city. Instead, they started looking for an alternative in the country, ideally somewhere with a few more services and convenience – like a hotel. Not content to rent a room or a large suite,

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