Blue Water has assumed operational management of the 15-property portfolio owned by Spacious Skies Campgrounds, marking one of the largest single-portfolio management transitions in Blue Water’s history. The partnership, effective June 23, 2026, integrates Blue Water’s operational, revenue management, and marketing strategies with the Spacious Skies brand. Spacious Skies remains owned by co-owners Ali Rasmussen, Eric Rasmussen, and their partners.

Operational Integration and Strategy

The transition involves a phased operational integration that is already underway. Blue Water will focus on strengthening operational execution and expanding brand management across the portfolio. The immediate priority is ensuring continuity for current guests and property teams. To achieve this, Blue Water is retaining 95% of the Spacious Skies team. The management agreement also includes plans to evaluate capital investments for amenities, digital presence, and guest experience improvements on a property-by-property basis.

Brand and Community Focus

Spacious Skies distinguishes itself in the outdoor hospitality sector through a focus on inclusivity and community partnerships. The brand collaborates with organizations such as The Unity Folks, Girl Camper, LGBTQ+ Outdoors, and Latino Outdoors to expand outdoor access for underrepresented communities. Under the new management structure, brand identity, guest programming, and these community partnerships will remain central to the strategy. The Cosmic Camper Loyalty Program and other guest engagement initiatives will also continue to be supported.

Leadership Perspectives

Rafael Correa, President and CFO of Blue Water, emphasized the strength of the Spacious Skies brand, noting that it requires operational backing to broaden its guest community rather than a reinvention. Ali Rasmussen, Co-Founder of Spacious Skies Campgrounds, stated that selecting a management partner involved finding a team that understood and valued the brand's foundation. She expressed confidence in Blue Water’s ability to steward the next chapter of the company’s growth.

Blue Water Logistics Limited will virtually interact with analysts and investors on June 15, 2026, to discuss its performance based on publicly available information. The company confirmed that no Unpublished Price Sensitive Information (UPSI) will be shared during the interaction.

Meeting Details

The meeting is scheduled pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The schedule for the interaction is outlined below:

Blue Water Logistics noted that changes to the schedule may occur due to exigencies on the part of the participants or the company. The disclosure was submitted to the National Stock Exchange of India Limited by Lalit Panda, Managing Director of Blue Water Logistics Limited.