Press release
Lindblad Expeditions Holdings, Inc. Reports 2021 Third Quarter Financial Results
Third Quarter 2021 Highlights: - Expanded fleet operations with eight of ten owned and operated ships providing expeditions across Alaska, the Galapagos,
About this update from Lindblad Expeditions Holdings Inc.
[{"type":"text","content":"Third Quarter 2021 Highlights:\n - Expanded fleet operations with eight of ten owned and operated ships providing expeditions across Alaska, the Galapagos, Iceland and the Pacific Northwest\n - Strong reservations for future travel with 2022 bookings 51% ahead of bookings for 2021 at the same point a year ago and 27% ahead of bookings for 2019 at the same point in 2019\n - Significantly expanded fleet capacity with delivery of the 126-passenger polar vessel the National Geographic Resolution in September 2021\n - Following the quarter, further broadened platform of high-quality experiential travel offerings with the acquisition of leading travel operator Classic Journeys\n\n\nNEW YORK, Nov. 2, 2021 /PRNewswire/ -- Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; the \"Company\" or \"Lindblad\"), a global provider of expedition cruises and adventure travel experiences, today reported financial results for the quarter ended September 30, 2021. \nDolf Berle, Chief Executive Officer, said, \"We are extremely excited to have nearly all of our ships back exploring the world's most remarkable destinations, providing high-quality and immersive expeditions to our loyal guests. The pent-up demand for authentic adventure travel is evident in both the overwhelmingly positive guest response as we return to destinations that we have been travelling to for decades, as well as in the sustained booking momentum we are generating across our fleet. This momentum also goes beyond our ship-based offerings with our platform of land-based businesses delivering positive earnings in the quarter, capitalizing on the robust demand for experiential travel. As we continue to ramp up existing operations, we have also further expanded our growth opportunities moving forward with the delivery of our fourth polar ship, the National Geographic Resolution, and with the acquisition of leading travel provider Classic Journeys. While not yet fully back to where we were prior to the pandemic, Lindblad is emerging from the pandemic as a vibrant company with a strong balance sheet, real operating momentum and a broader set of opportunities that will allow us to deliver additional shareholder value in the years ahead.\"\nRESUMPTION OF FLEET OPERATIONS AND COVID-19 BUSINESS UPDATE \nReturn to Operations\nThe Company resumed ship operations in June 2021 and currently ha...