A major active travel company is closing its doors, but there are still a lot of good alternatives for your next hiking or cycling vacation.

We’ve held out as long as possible, but the fact remains that Experiences is an unprofitable business for the co-op, and we must adjust course,' says REI CEO

REI Co-op announced Wednesday it will discontinue its Experiences business, which includes adventure travel, day tours, and classes, according to a message from REI President and CEO Eric Artz to employees.