Intrepid Travel to separate from TUI Group

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Intrepid Travel founders Geoff Manchester (left) and Darrell Wade (center) with group managing director James Thornton.
Intrepid Travel founders Geoff Manchester (left) and Darrell Wade (center) with group managing director James Thornton.

TUI Group and the founders of Intrepid Travel on Thursday said they would end their four-year partnership.

Under the new arrangement, Darrell Wade and Geoff Manchester will reassume full ownership of the adventure travel company they co-founded in 1989, along with a portfolio of brands that will make up the Intrepid Group.

Wade will continue as CEO of Intrepid Group, and James Thornton will serve as managing director. Intrepid Group includes Adventure Tours Australia, Geckos Adventures, Intrepid Travel, Peregrine Adventures, The Family Adventure Company, Urban Adventures plus the company’s group of destination management companies.

TUI is replacing its PEAK division, which included Intrepid, with a new Adventure Specialist Division that resides within TUI’s Specialist Group and now includes the brands Quark Expeditions, Zegrahm Expeditions, International Expeditions, Exodus, Headwater, TrekAmerica, Grand American Adventures, Sawadee, World Challenge and AmeriCan Adventures.

"Over the last four years we’ve seen huge growth in the adventure travel sector globally,” Wade said in a statement. “We now recognize that we have different priorities and business philosophies.”

Added Wade, “We’ve been observing emerging trends across the adventure travel sector globally, and now we can work quickly with our destination management companies and industry partners to grow the market for authentic local experiences that truly benefit both travelers and the places they visit.”

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