Lindblad Expeditions reports strong bookings

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The National Geographic Endurance's float out last year.
The National Geographic Endurance's float out last year.

Lindblad Expeditions said that the "vast majority" of its guests on rescheduled cruises have rebooked for future travel and that 2022 reservations are currently 39% ahead of where bookings were a year ago. 

CEO Sven-Olof Lindblad said in a first-quarter earnings filing that there is "substantial demand for authentic adventure travel" and cited "current booking strength."

Bookings for the full year 2022 are 39% ahead of the bookings for 2021 as of the same date a year ago and 32% ahead of the bookings for 2020 as of the same date two years ago, the company reported. 

Lindblad added that the company is already seeing cross-selling benefits from the recent acquisitions of two tour operators, Off the Beaten Path and DuVine Cycling + Adventure Co. 

"These land-based businesses, along with Natural Habitat, are already operating in various destinations, taking guests who are ready to once again experience what the world has to offer," he said. 

The company, which will resume operations for the 2021 season in Alaska and the Galapagos in June, is working with local health authorities on plans to begin operating in additional destinations during the second half of the year, Lindblad said.

Lindblad has been offering future travel credits with incremental value or full refunds to fully paid guests on all of its canceled cruises. As of April 24, the company said, the majority of guests have opted for the travel credits.

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