Intrepid Travel to open its own branded hotels
Intrepid Travel is going into the hotel business. Along with partner the Drifter Hospitality Group, Intrepid will raise $75 million to buy distressed hotel properties. The small group tour operator plans to snap up struggling hotels and convert them to the ‘Drifter – an Intrepid Hotel’ brand.
Drifter has a small portfolio of properties in New Zealand. Intrepid has a stake in Drifter’s tourism and accommodation operator Haka Tours, which manages its hotels.
Related News Stories : Wilderness Group releases new Britain and Ireland trips for 2023 Miki Travel launches new travel platform powered by easyTravel.tech Pleasant Holidays, Journese launch South Africa trips Jet2 releases summer 2024 city breaks programme VisitBritain launches new funding for DMCs, inbound operators Titan Travel appoints Head of Trade Sales
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.