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Cochamó Aventura. Cochamó Aventura runs trekking, rafting, kayaking, and biking trips in Cochamó and Puelo but specializes in one- to 14-day horseback-riding excursions. Cochamó, 5560000. 9/9289–4314. www.campoaventura.cl. From 50,000 pesos.
Miralejos. This operator organizes trekking, kayaking, mountaineering, and horseback-riding trips in both Cochamó and Puelo. San Pedro 311, Puerto Varas, 5550000. 65/223–4892. www.miralejos.cl. From 85,000 pesos.
Andes Patagonia. For horseback-riding, boating, hiking, and kayaking trips throughout the Río Puelo area, including ascents of Volcán Yates and hikes to ancient alerce forests and glaciers, check with Andes Patagonia. Río Puelo Alto, Cochamó, 5560000. 9/9549–1069. www.andespatagonia.cl. From 40,000 pesos.