Lindblad Per Diems Hit Q3 Record of $1,398 as Occupancy Tops 90 Percent
Lindblad Expeditions posted the highest third quarter per diem in company history, a net yield of $1,398 per available guest night. Occupancy climbed to 91 percent even as capacity grew. “It was our third…
Lindblad Expeditions posted the highest third quarter per diem in company history, a net yield of $1,398 per available guest night.
“It was our third consecutive quarter with occupancy above 90 percent, consistent with our long-term stated goal,” CEO Natalya Leahy said.
“Our disciplined commercial execution, revenue management and improved marketing strategies continue to drive strong bookings momentum,” she said.
Over the past 18 months the company has worked to get guests booking further ahead, which Leahy said makes revenue more predictable and gives it more room on price.
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