Intrepid Travel has announced the purchase of its first lodge accommodation property, the 15-room, four-star boutique rainforest retreat, Daintree Ecolodge in Tropical North Queensland from Morris Group for $5 million. The acquisition is in line with the purpose-led company’s strategy to grow beyond tours by expanding into complementing new verticals.

“As we continue to diversify our offering, this new acquisition will play a key role in our evolution towards an iconic lifestyle brand. A move into the lodge space is a long-held aspiration for Intrepid and will connect our brand to an entirely new audience while seamlessly integrating with our core tour product,” says James Thornton, CEO at Intrepid Travel.

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