• Royal Caribbean Spends a Cool Billion on Majority Stake in Cruise Competitor

    4 monthes ago - By Fortune

    Royal Caribbean Cruises is acquiring a majority stake in Silversea, the Monaco-based luxury cruise company.
    The 66.7% equity stake, valued at $1 billion, expands Royal Caribbean's portfolio to increase trips with some of the most exclusive, ultra-luxury offerings on the high seas.
    Silversea Cruises specializes in luxury all-inclusive voyages to Antarctica, the Arctic, and Greenland. Across the company's nine ships, most tickets start at $5,000. A private balcony suite comfortably accommodating three on a Galapagos Islands cruise recently listed for $11,900. The company also runs waitlists...
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