Eric Wold's questions to Lindblad Expeditions Holdings Inc (LIND) leadership • Q2 2025
Question
Eric Wold inquired about the demographic profile of customers booking through the Disney channel versus the traditional base, and asked if a strengthening cruise market makes acquiring used vessels more difficult, potentially shifting the focus to new builds.
Answer
CEO Natalya Leahy explained that while the core guest profile remains the same, the Disney partnership is driving an increase in multigenerational travel, prompting an expansion of their 'Explorers in Training' youth program. Regarding fleet growth, she stated that while new builds are being considered, the company is successfully expanding through various means, including acquiring ships for specific regions like the Galapagos and using long-term charters for new offerings like European river cruises.