Lindblad Puts High Hopes on Demand for Experiences to Reverse Losses
Skift Take
Seems Lindblad Expeditions has sailed out of the pandemic disaster. The company now needs to sail to profitability. Its early booking numbers sound solid, but 2023 has a ways to go.
Lindblad Expeditions expects it will have record revenue in 2023, even though it accumulated a net loss of over $100 million in 2022, Lindblad executives said during a Tuesday earnings call.
Total revenue in 2022 was $421.5 million, up from $147.1 million in 2021. Lindblad CEO Dolf A. Berle said 2022 was a “year of resurgence” as Covid restrictions fell, people became comfortable to travel internationally and the company’s partners an
