Lindblad Expeditions

#5467

Rank

$540.7M

MarketCap US

US United States

Country

Summary
Lindblad Expeditions Holdings, Inc. provides expedition cruising and land-based adventure travel experiences. The company delivers voyages through a fleet of ten owned expedition ships and five seasonal charter vessels under the Lindblad brand; and operates eco-conscious expeditions and nature focused small-group tours under the Natural Habitat brand. The company also provides luxury cycling and adventure tours worldwide under the DuVine name; active small group and private custom journeys throughout the United States national park under the Off the Beaten Path brand name; and curated active small group and private custom journeys that are centered around cinematic walks led by the local guides under the Classic Journeys name. The company has a strategic alliance with the National Geographic Society. Lindblad Expeditions Holdings, Inc. was founded in 1979 and is headquartered in New York, New York.

History

Lindblad Travel

Lars-Eric Lindblad founded Lindblad Travel in Connecticut in 1958. Lindblad Travel led the first tourist expedition to Antarctica in 1966 and was among the first companies to bring tourists to the Galápagos Islands starting in 1967. Later, after launching the first private, purpose-built expedition ship, the Lindblad Explorer , it pioneered tourist expeditions to the Arctic, Tierra del Fuego, the Falkland Islands, the Seychelles, Easter Island, Indonesia, the Amazon River, and many others. In 1984 Lindblad Travel led the first tourist expedition through the Northwest Passage from Newfoundland to the Bering Strait.Regarded as the father of ecotourism, Lars-Eric Lindblad believed strongly that travel to difficult-to-reach places encouraged a desire to preserve and protect the planet. In addition to leading expeditions in remote wilderness areas, Lindblad Travel also led trips to hard-to-visit countries such as China, Vietnam, and Cambodia. The company ceased operations in 1989.

Special Expeditions

Lars-Eric Lindblad passed along his passions for adventure, exploration, and conservation to his son, Sven-Olof Lindblad, who joined him on expeditions from an early age. In 1979 Sven-Olof Lindblad founded Special Expeditions as a subsidiary of Lindblad Travel. Special Expeditions decoupled from Lindblad Travel in 1982 and was renamed Lindblad Expeditions in 2000.

Lindblad Expeditions-National Geographic

Since 2004, Lindblad Expeditions has partnered with National Geographic and is now cobranded in the Americas and Oceania as Lindblad Expeditions-National Geographic. This alliance pairs Lindblad expedition leaders, naturalists, and historians with National Geographic scientists, oceanographers, writers, photo instructors, and filmmakers. Itineraries operated by Lindblad are also sold by National Geographic Expeditions, and Lindblad-owned vessels in the fleet feature “National Geographic” in their names.

Lindblad Expeditions-National Geographic went public in July 2015. It trades on Nasdaq under the ticker symbol LIND.In 2016, Lindblad purchased a controlling interest in Natural Habitat, Inc., an ecotourism company based in Boulder, Colorado, that specializes in land-based tours. In 2021, Lindblad further expanded its brand portfolio to include Bozeman, Montana-based travel company Off the Beaten Path; DuVine Cycling + Adventure Co, a Boston-based company specializing in cycling tours; and Classic Journeys, which specializes in luxury walking tours.Sven Lindblad retired as CEO in 2021. The current CEO is Dolf Berle.


Mission
Bring people to the world’s most special places and adapt to the changing environment in a way that conserves and enhances the planet’s beauty and diversity.

Vision
Be the leader in expedition travel, dedicated to empowering people to explore, understand and protect the planet.

Key Team

Mr. Dean Byus III (Chief Expedition Officer)

Mr. Benjamin L. Bressler (Pres of Natural Habitat, Inc.)

Mr. Alexis Freeman (Gen. Counsel)

Patty Disken-Cahill (Director of Communications)

Ms. Jacinta McEvoy (VP of Global Sales)

Ms. Pamela Fingleton (Sr. VP & Assistant to CEO)

Mr. J. Tyler Skarda (Sr. VP of Marine Operations)


Recognition and Awards
Lindblad Expeditions is the recipient of numerous travel industry awards. These awards recognize our commitment to providing extraordinary expedition experiences and our dedication to conservation and sustainable tourism. In recent years, Lindblad Expeditions has been the proud recipient of the National Geographic World Legacy Award, the Global Tourism Responsible Business Award, the Environmental Leadership Award, and many more.

References
Lindblad Expeditions
Leadership team

Mr. Sven-Olof Lindblad (Founder & Co-Chair)

Mr. Dolf A. Berle (Pres, CEO & Director)

Mr. Craig I. Felenstein (Chief Financial Officer)

Products/ Services
Education, Environmental Consulting, Travel
Number of Employees
500 - 1000
Headquarters
New York, New York, United States
Established
1979
Company Registration
SEC CIK number: 0001512499
Revenue
100M - 500M
Traded as
LIND
Social Media
Sun Mar 03 2024
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