Press release
Lindblad Expeditions Holdings, Inc. Acquires Majority Stake in Classic Journeys, LLC
Leading Luxury Cultural Walking Tour Company Broadens Lindblad's Platform of High-Quality, Experiential Travel Offerings NEW YORK, Oct. 19, 2021 /PRNewswire/
About this update from Lindblad Expeditions Holdings Inc.
[{"type":"text","content":"Leading Luxury Cultural Walking Tour Company Broadens Lindblad's Platform of High-Quality, Experiential Travel Offerings\n\n\nNEW YORK, Oct. 19, 2021 /PRNewswire/ -- Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; the \"Company\" or \"Lindblad\"), a global provider of expedition cruises and adventure travel experiences today announced that it has acquired an 80% stake in Classic Journeys, LLC (\"Classic Journeys\"), a leading luxury cultural walking tour company. This acquisition further broadens and deepens Lindblad's platform of high-quality experiential product offerings in robust adventure travel sectors, including the cultural walking tour market. Similar to the acquisitions of Natural Habitat, Inc., Off the Beaten Path LLC and DuVine Cycling + Adventure Co., Lindblad will leverage its experience and resources to accelerate the growth of Classic Journeys and capitalize on the growing demand for authentic and immersive adventure travel and wellness around the world. \nSince 1995, Classic Journeys has been providing best in class luxury walking tours focusing on engaging experiences that immerse guests into the history and culture of the places they are exploring and the people who live there. Classic Journeys' tours are highlighted by expert and well-connected local guides who live in the regions being explored, luxury boutique accommodations and handcrafted itineraries curated through years of local connections and experience. Whether it is joining a count and countess to walk through vineyards to their villa in Tuscany, pausing an oasis walk to accept an invitation to share mint tea with a Berber tribesman in Morocco, or walking on the tongue of a glacier to a gourmet picnic with Viking-descendant guides in Iceland, Classic Journeys delivers a unique cultural experience where guests can take their time on foot and blend in with the world around them. Classic Journeys has twice been awarded the \"World's Best Tour Operator\" by Travel + Leisure magazine which is given to the #1 tour operator in its annual readers' survey. \nDolf Berle, Chief Executive Officer, said \"We are excited to welcome Classic Journeys and their founders Edward and Susie Piegza to the Lindblad family. Their commitment towards providing authentic and high-quality cultural experiences is perfectly in line with Lindblad and our family of the world's ...