Hurtigruten acquires “significant” stake in South American travel company

Hurtigruten acquires “significant” stake in South American travel company

Hurtigruten Group has nabbed a chunk of Metropolitan Touring, one of South America’s leading travel companies and pioneers in the Galápagos Islands.

The investment sees the group take a 24.9 per cent share in the Ecuador-based company revealing its ambition for global growth in the adventure travel sector.

“This investment signifies our growth journey, and we are delighted to invest in Metropolitan Touring, a proud South American company that mirrors our expedition heritage and sustainability values,” Daniel Skjeldam CEO of Hurtigruten Group said.

“It is a unique opportunity for us to contribute to a more meaningful partnership, where we can expand quickly, strategically and deliver on our vision for the future together.”

Metropolitan Touring CEO Paulina Burbano de Lara said Hurtigruten shared the company’s passion for the wonders of South America and had a common long-term vision of the industry’s power to do good in the world.

“As we continue the post-Covid recovery, this announcement will bolster South America’s position as an exciting travel destination on the global stage, bringing its stunning natural and compelling cultural attractions into sharper focus for today’s responsible traveller,” she said.

Hurtigruten Expeditions offers year-round expedition cruises, in close cooperation with Metropolitan Touring, visiting the fabled archipelago’s most spectacular sites on board the 90-guest Santa Cruz II.

The partnership will broaden opportunities to further expand into more unique land-based programmes and excursions.

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