Lindblad Raises 2026 Revenue Outlook to $870 Million to $885 Million

Lindblad Expeditions Holdings, Inc. raised its 2026 revenue outlook to $870 million to $885 million, while adding White Desert and Echo Charlie to its experiential travel platform.

The company described its booked position for 2027 as a record, while bookings for 2028 were pacing ahead. Management forecast mid-single-digit yield growth for next year and cited dynamic pricing and revenue management as support for the outlook.

White Desert and Echo Charlie expand the platform’s offerings across land and air. Management identified a fourth White Desert camp and Echo Charlie’s inaugural 2027 itineraries as growth opportunities.

Management cited fuel as a significant headwind and expected fourth-quarter capacity to decline by mid-single digits because of dry docks and repositionings. It pointed to demand-led pricing, lower fuel consumption, purchasing choices and strong bookings as offsets.