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Intrepid Travel Group optimistic despite 2021 loss

Operators
Gary Noakes
5 April 2022

Intrepid Travel Group counted the cost of the pandemic last year, nearly doubling its losses.

Intrepid Travel has worked to increase the number of female guides in destinations

The group posted a £28.2 million pre-tax loss for 2021, compared to a deficit of £15.2 million in 2020.

Intrepid chair Darrell Wade said the company had been put “into hibernation” in March 2020 for 10 months but had received a cash injection from French investors Genairgy in April 2021, which holds a minority share.

Chief executive James Thornton added restarting travel had proved to be “very challenging” but said: “By the end of the year, we had operated in 40 countries and had run 864 trips.”