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.
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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.