Azamara sold off
PRIVATE equity company Sycamore Partners has entered into a definitive agreement with Royal Caribbean Group to purchase cruise line Azamara.
The transaction is worth US$210 million, and will see Sycamore acquire the entire Azamara brand, including its three-ship fleet and associated intellectual property.
The new buyers are confident of the future of the brand, wasting no time and announcing the additional purchase of Carnival Corporation’s Pacific Princess, which will be fully renovated.
Ponant New Zealand sailings approved
Following months of engagement with New Zealand’s Ministry of Health, Ponant recently received the green light to commence its luxury expeditions in the country.
Sailing with its 3-shield COVID-safe protocol it has been utilising for the past six months, Le Laperouse will recommence operations exclusively for New Zealanders in February, with a 14-night Chatham Islands & Subantarctic Islands expedition itinerary.
Riviera appoints TTW
Just 12 months after appointing Cruise Traveller as its exclusive Australian general sales agent, European cruise line Riviera Travel River Cruises has switched its local representation to Travel The World (TTW).
Riviera Channel Director Stuart Milan said Travel The World was appointed to take the cruise line to the “next level” in Australia’s highly competitive cruise market.