The launch of Lindblad Expedition’s 2027/28 program last week saw the expedition cruise operator notch up its most successful seven-day sales period in its nearly 60-year history.Described as a “major milestone” by CEO Natalya Leahy, the strong performance coincides with the release of its second quarter results which show a similarly pleasing picture, attributed to growing demand for immersive travel experiences and strong operational execution.“We’re thrilled that so many travellers are choosing our awe-inspiring expeditions and that the experiences we work so hard to create continue to resonate with our guests,” she said. “This milestone is a reflection of the growing interest in meaningful, responsible exploration, and the passion and dedication of our entire team, who bring these journeys to life every day.”Subscribe to LATTE Cruise’s free eNewsletter to keep up to date with everything in the luxury cruise space.Total revenue rose 23% year-over-year to US$167.9 million over the three month period, driven by strong performance across both the Lindblad and Land Experiences segments. Tour revenues in the Lindblad segment increased 19% to US$111 million. Meanwhile, the Land Experiences segment saw revenue jump 31% to US$56.9 million, driven by increased trip volume, higher pricing and the full integration of Wineland-Thomson Adventures, which it acquired in late 2024.“These results reflect strong momentum behind our strategic initiatives and a clear path toward long-term value creation,” Leahy said.The company significantly narrowed its net loss to US$9.7 million compared to a loss of US$25.8 million in Q2 2024.Looking ahead, Lindblad expects full-year 2025 tour revenues between US$725 million and US$750 million, and Adjusted EBITDA in the range of US$108 million to US$115 million.
