LINDBLAD Expeditions has posted a revenue of US$69.5 million for the second quarter of 2018, a 25% increase on the previous corresponding period. A significant source of the boost was attributed to a spike in tour revenues which was up US$12.3 million for the quarter, driven primarily by the launch...
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LINDBLAD Expeditions has posted a revenue of US$69.5 million for the second quarter of 2018, a 25% increase on the previous corresponding period.
A significant source of the boost was attributed to a spike in tour revenues which was up US$12.3 million for the quarter, driven primarily by the launch of the National Geographic Quest in Jul last year and fewer days for its ships in dry dock.
“Lindblad delivered another strong quarter… as the strategic investments we have made to expand capacity and develop our sales and marketing infrastructure continue to deliver significant returns,” said Lindblad president and ceo Sven-Olof Lindblad.
The cruise line also recorded a strong upturn in EBITDA for the period, posting a 117% increase to US$11.5 million.
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