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Intrepid Travel turns around £9 million loss to post record annual profit

Operators
Gary Noakes
20 March 2024

Intrepid Travel has posted a record profit for 2023 while raising £1.4 million for charitable causes.

Vietnam is Intrepid Travel's best seller

The adventure specialist revealed a pre-tax profit of £17.8 million on Wednesday (20 March), a turnaround from a loss of £9 million in 2022 – its biggest result in 34 years of trading.

Departed revenue more than doubled (+113%) to £276 million, with bookings up by 68% to £320 million. Passenger numbers worldwide reached 328,000.

The result saw the operator declare its first dividend since 2019, with the number of staff shareholders rising from 52 to 421. In addition, bonuses were paid to eligible staff.