Cruise Cancellations Seen as Short-term Hurdle for Lindblad Expeditions

National Geographic Resolution, National Geographic Explorer  and National Geographic Endurance captured side-by-side in South Georgia in the Southern Atlantic Ocean (December 2021 - Ulstein, Lindblad Expeditions)Lindblad Expeditions has seen a rise in cancellations, according to Dolf Berle, CEO, speaking on the company’s third quarter earnings call.

“Another item that impacted the quarter, along with parts of 2023 is an increase in guest cancellations,” he said. “While gross bookings continue to far exceed cancellations every week, we are seeing cancellations run higher than pre-pandemic levels, with the most often noted reasons related to the logistics and cost of air travel and some lingering COVID concerns.”

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