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Intrepid Travel

Intrepid Travel
Company typeTour operator
IndustryTourism
Founded1989; 35 years ago (1989)
FoundersDarrell Wade
Geoff Manchester
HeadquartersMelbourne, Australia
Number of locations
Melbourne, London, Toronto
Key people
James Thornton, CEO
ProductsEscorted tours
RevenueA$397 million
A$15 million
Number of employees
2,133, including contractors
Websitewww.intrepidtravel.com
Footnotes / references
[1][2]

Intrepid Travel is a small group adventure travel company.[citation needed] The company offers more than 1,100 escorted tours worldwide with an average of 10 travellers per tour.[2] Intrepid is a B Corporation, certified to meet the standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.[3] Intrepid Foundation has raised more than A$12 million to support communities where it travels.[4]

Tours are led by local tour guides, often use public transport and stay at locally-owned accommodation.[5] The company's headquarters are in Melbourne where it was founded with more than 30 offices worldwide, including Toronto and London. The company is vertically-integrated as it creates and operates its own tours. It also runs tours on behalf of other companies through its destination management company, Intrepid DMC.[6]

Intrepid Travel is majority owned by its co-founders and staff, via a company share scheme.[7]

History

The company was founded in 1989 by two Australian university mates, Darrell Wade and Geoff 'Manch' Manchester, after they quit their jobs and organized a 6-month trip around Africa.[2][8] The cofounders set out to create a new type of travel that gave back to the people and places that it visits. In its first year, Intrepid carried 46 passengers, with Geoff Manchester as its first tour leader, leading trips in Thailand.[9]

In 2011, TUI Group acquired 60% of the company.[10] However, in 2015, the founders re-acquired those shares after a disagreement in vision with TUI Group.[11]

In February 2021, it launched online virtual experiences under the company's Urban Adventures division.[12]

Corporate responsibility

The company has a focus on responsible travel and is a signatory to the United Nations Global Compact.[13]

In 2010, it became a carbon neutral business [14] and in 2020 it became the first global tour operator with a verified carbon emissions target from the Science Based Targets initiative.[15] At COP26, the company became a signatory and launch partner to the Glasgow Declaration for Climate Action in Tourism which commits to actions to support the global commitment to halve emissions by 2030 and reach Net Zero as soon as possible before 2050.[16]

In 2014, after funding research by World Animal Protection, it was the first tour operator to ban elephant rides on its tours, which lead to other major tour operators banning elephant rides.[17]

In 2015, it donated the profits from tours in Nepal to rebuild the country after the April 2015 Nepal earthquake.[18]

In 2017, the company set a goal to double its number of female tour leaders. In 2019, it reached its goal, working with 342 female leaders, globally.[19]

In June 2018, it launched vegan tours.[20]

In August 2018, it became a certified B Corporation.[21][22]

In 2020 and 2021, its not-for-profit arm "The Intrepid Foundation" supported vulnerable communities impacted by the COVID-19 pandemic, including delivering food packages to families in remote parts of Peru[23] and raising funds for essential medical equipment, including oxygen tanks, in India.[24]

In 2021, it launched a vaccine equity advocacy and fundraising campaign to raise $150,000 in support of UNICEF Australia to help deliver vaccines to the world’s most vulnerable countries and communities.[25]

Offices

Intrepid Travel has offices in Melbourne, London, Colombo and Toronto.[26]

See also

References

  1. ^ "Revenue Up 17% At Intrepid Group". Travel Agent Central. 16 January 2019.
  2. ^ a b c "Intrepid Travel 2018 Annual Report" (PDF).
  3. ^ "WTTC Case Study - Intrepid" (PDF). World Travel and Tourism Council.
  4. ^ "Intrepid Annual Report 2020". Intrepid Travel. Retrieved 21 February 2022.
  5. ^ Frommer, Arthur (30 September 2007). "Tour group has solo-adventurer style". San Francisco Chronicle.
  6. ^ "About Us Intrepid DMC". www.intrepiddmc.com.
  7. ^ "Intrepid Annual Report 2020". Intrepid Travel. Retrieved 21 February 2022.
  8. ^ McCauley, Dana (28 August 2017). "How two backpackers created a $300 million-a-year global travel empire". news.com.au.
  9. ^ "Intrepid Annual Report 2020". Intrepid Travel. Retrieved 21 February 2022.
  10. ^ Hawkes, Alex (17 February 2011). "Tui strikes deal with Intrepid Travel to form new adventure holiday firm". The Guardian.
  11. ^ Cogswell, David (6 July 2015). "Intrepid Group and TUI Group End PEAK Adventure Travel Group Joint Venture". TravelPulse.
  12. ^ "Intrepid Travel's Virtual Tours Allow You to Travel From the Comfort of Home". Treehugger. Retrieved 17 February 2021.
  13. ^ "Intrepid Travel". United Nations Global Compact.
  14. ^ Crisp, Ashira (14 December 2016). "6 Year Carbon Neutral Anniversary for Intrepid Travel!". Ecotourism Australia.
  15. ^ "Intrepid's science-based sustainability targets". ABTA Magazine. ABTA.
  16. ^ "At COP26 Intrepid Travel Urges Tourism Industry To Take Action Against Climate Change". Forbes.
  17. ^ "Shocking elephant footage: 'We didn't know' Intrepid Travel". The New Zealand Herald. 12 August 2018.
  18. ^ Dunford, Jane; Smith, Jeremy (26 January 2019). "10 of the best ethical travel companies". The Guardian.
  19. ^ "Meet the Intrepid Travel General Manager fighting for an equal workforce". The CEO Magazine.
  20. ^ Daniel, Diane (26 June 2018). "Intrepid Travel launches vegan tours". The Boston Globe.
  21. ^ TAYLOR, MIA (10 August 2018). "Intrepid Becomes Global Travel Industry's Largest B Corporation". TravelPulse.
  22. ^ TAYLOR, MIA (29 August 2018). "Intrepid CEO Talks With TravelPulse About Achieving B Corporation Status". TravelPulse.
  23. ^ Ltd, Jacobs Media Group. "Intrepid Foundation helps feed 350 families in Peru". Travel Weekly.
  24. ^ "How our travellers are helping to save lives in India". Intrepid Travel Blog. 8 June 2021. Retrieved 21 February 2022.
  25. ^ "Intrepid Travel Launches Global Vaccine Equity Campaign". Sustainable Brands. 5 August 2021.
  26. ^ "Contact us". www.intrepidtravel.com.