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Prestige Cruise Holdings Inc
Business Summary
Prestige Cruise Holdings, Inc. is a privately-held holding company for two luxury cruise liners. The company provides luxury cruise voyages for travelers and also provides accommodation and shore excursion services. Prestige Cruise Holdings was founded in 2007 when Oceania Cruises was acquired by Apollo Global Management. Apollo Global Management later acquired Seven Seas Cruises S. DE R.L. in 2008 and maintained the operations independently of Oceania Cruises as a sister company under Prestige Cruise Holdings (See PrivCo M&A tables for more detailed deal information). Prestige Cruise Holdings primarily operates from its Miami, Florida headquarters.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed VC Backed |
| Year Founded: | 2007 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Miami |
| State/Province: | Florida |
| Country: | United States |
| Phone: | View |
| Website: | www.oceaniacruises.com |
Corporate Organization
| Subsidiaries: | Seven Seas Cruises S. DE R.L. |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Transportation, Warehousing & Wholesale Distribution > Marine Transportation > Passenger Marine Transport & Cruise Ships |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| Carnival PLC |
| Royal Caribbean Cruises Ltd. |
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | Prestige Cruise Holdings Inc fiscal year end: 12/31 |
| 1 | Employee figures... read more. |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Prestige Cruise Holdings Inc financials to Excel and create your own graphs.)
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Prestige Cruise Holdings Inc Revenues ($ MM): |
Prestige Cruise Holdings Inc Total Employees: |
Prestige Cruise Holdings Inc Productivity (Revenue/Employee) ($ MM): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Feb. 2007 | Completed | View1 | View | Acquisition | View |
| Details | Feb. 2008 | Completed | View | View | Acquisition | View |
| 1 | Apollo Management made the acquisition...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| 2003 | Unspecified Investors | Other | ||
| Details | Total Round Other $14,000,000 | |||
| Feb. 2008 | View | Other | Private Equity | |
| Feb. 2008 | View | Other | Corporate | |
| Details | Total Round Other1 View | |||
| Total of Funding Shown Above View | ||||
| 1 | The funding went towards the...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
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Detailed Business Description: Prestige Cruise Holdings Inc
Business Model
Prestige Cruise Holdings, Inc. acts as a PE-backed holding company for Oceania Cruises and Regent Seven Seas. In total, Prestige owns eight luxury cruise ships with capacities ranging from 500 to 1,250 passengers. Prestige focuses on the upper-premium cruise market and seeks to provide customers with unique, luxury cruise options around the world. Ships feature fine dining venues, spas, and a wide range guest suite choices including balcony and location options.
Oceania Cruises operates three medium-sized ships: the Regatta, Nautica, and the Insignia, each carrying roughly 700 guests. After its acquisition by Apollo Global Management, Oceania announced the addition of two new, larger ships to its fleet, the Marina and the Riviera, each able to carry 1,250 passengers. The Marina was delivered in January 2011 and is in operation in Miami in 2012. The Riviera debuted in May 2012.
Regent Seven Seas operates three medium-sized ships with capacities from 490 to 700. The… Continue Reading →
Supplemental Resources
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