Intrepid Travel invests in CABN
Intrepid Travel will buy a AUD7.85 million equity stake in accommodation platform CABN.
The investment will help deliver more than 70 off-grid, sustainable cabins across Australia by 2023.
CABN’s current experiences include 11 minimalist escapes in some of Australia’s most stunning locations.
Each cabin is built from predominantly locally sourced and sustainable materials.
Their unique design allows guests to immerse themselves in nature.
Intrepid Travel’s investment will allow CABN to keep up with with an expected increase of annual room nights from 4,000 to 26,000 across Australia.
“There is clear alignment across our shared commitment to sustainability, the environment and Indigenous culture,” said Michael Lamprell, CEO of CABN.
The launch of multi-cabin retreat projects across Australia is planned for the future.
This includes the recently announced CABN site with the Hans Heysen Foundation at the Cedars in Hahndorf, South Australia, and the Myponga Reservoir project.
The partnership between the two Australian-based companies will allow for an increase in the vertical integration of Intrepid’s business.
CABN will continue to be run by Michael Lamprell in partnership with Intrepid.
Learn more about : Intrepid Travel ( Asia Pecific )
Ray Monty
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025