Intrepid Imperium deal

INTREPID Travel is simplifying its operational structure in Australia, with the divestment of Adventure Tours Australia to Imperium Capital Group. The touring business will become part of Imperium’s Fraser Island-based Discovery Adventure Group, which will expand into Central and Western Australia through the deal.

Although Intrepid is offloading its interest in the business, the sale will see Intrepid take a stake in Discovery Adventure Group, with co-founder Darrell Wade to join the board. Other recent moves by Intrepid include the launch of a partnership with Lonely Planet offering curated tours for the iconic guide book publisher; and a new subscription service allowing travellers to carbon offset their trips in partnership with Offset Earth.