Oceania vs. other cruise lines - Oceania Cruises - Cruise Critic Community 5. Way too many ports which we have trouble navigating. In all honesty, wet found the overall shipboard experience to be somewhat lacking. I suspect he is a disgruntled passenger with an axe to grind or is working for a competitor. As life has happened, my wife has more and more difficulty walking any distance. The entertainment is outstanding. Ultimately, these strategies could help Viking Cruises remain profitable in the long-term. It did not feel crowded. ), but we were two people in our 50s cruising without kids who avoided those very things; - So then we threw in a Tauck land tourenjoyed it very muchwere by far the youngest in the group but really loved getting to know many of the people. Our next booked cruise will be on a Celebrity in the fall (our first for whatever reason), and then the one we just booked on the Vista after that. Cruising is a popular way of traveling for many people, offering a unique experience that combines the convenience of a floating hotel with the excitement of visiting multiple destinations in one trip. Additionally, securing additional sources of funding could help the company remain solvent. Viking Ocean Cruises was voted Best Large-Ship Ocean Cruise Line by Travel + Leisure readers in the 2016 World's Best Awards. Where is the best place to create and buy photo books? We loved the Celebrity cruises we were on - particularly on the new Edge-class ships, but only in their excellent "Retreat" class. Our goal is to give the players the most valuable assets that they can . Even if players did, they would probably not realize it in the same way that you would. What is the average age on a Viking River cruise? While there were people of all ages (over 18) on board, it was definitely geared to a younger, hipper, racier vibe. Our first cruise was on Disney (Magic maybe?) In general, cruises were canceled, and when they resumed, cruise lines found it more challenging to fill their ships with passengers. Deadline looms for passengers with canceled cruise vouchers This material may not be published, broadcast, rewritten, or redistributed. The ships are gorgeous, excellent shows, and plenty of games/trivia. Viking Cruises has been no exception. 12. While it usually isn't mandatory to pay those gratuities - you can ask to have them removed if they're applied automatically, especially if you've received poor service - it's typically considered in poor taste not to tip at the suggested levels (because crew members' salaries, much like servers at your local restaurant, are based on the expectation of tips paid by guests). In fact, the games most vulnerable players are both too lazy and too lazy to play. Lovebugs in Florida: How do I get them off my car? As a consequence of all this, the games most vulnerable players are either too lazy or too lazy to play the game at all. "We had a lot of good experiences. Two days later, he said Viking canceled the whole cruise and issued refunds but not to him. Copyright 19952023 The Independent Traveler, Inc. Amazing, Funny & Totally Awesome Cruise Photos. We grew tired of Princess and started sailing Carnival. He has plagued threads causing upset and if you look at his posting history, he has spentalmost his entire time disparaging Viking. However, the companys website says people who cancel get vouchers, not refunds. Viking Cruises has announced that its river and ocean operations will remain on hold through May 31, 2021, which means cruises won't resume until June at the very earliest. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. So, off to Oceania. The average cost of a World Journeys cruise is $49,995 per person. Is Viking River Cruises in financial trouble? I could write much more about that experience if anyone is interested, but suffice it to say it was a completely different kind of cruise than we had ever been on. The suite prices are as much as the luxury lines. This spring, Le Creuset has introduced an exciting new shade thats already selling fast: shallot, a soft lavender with pink and slight gray undertones. And if they do, it will likely be a very short one. All the posts seem relevant and it's not unreasonable to consider less than positive potential outcomes. With a fleet of more than 60 river and ocean-going vessels, Viking offers river cruises in Europe, Russia, Ukraine, Asia, and Egypt, as well as ocean cruises to destinations including Scandinavia, the Baltic, the Mediterranean, North America, the Caribbean, and the Arctic. Finally, the company has faced increased competition from other cruise lines, which has put pressure on its profits. Such a good idea that CC provides this facility. Annual Report 2016 (flip-through version) . This press release contains statements regarding beliefs and expectations of the outcome of future events that are forward-looking statements, including, without limitation, statements with respect to the use of proceeds of the Notes. You can usually get a decent discount if you sign up for an amenities package before you sail, so keep an eye out for promotions in the months leading up to your sailing. Other amenities that might be important to you are Wi-Fi, spa services, babysitting, fitness classes, and upgraded dining experiences. Norwegian Cruise Line (NCLH) Q1 2023 Earnings Call Transcript. We're in bed by 10 or 11 PM, watching only the comics, so that we can be up and get off the ship the next day for the entire day seeing and doing things. CruisinShips, Wednesday at 12:56 PM in Oceania Cruises. We are looking forward to many more cruises on Oceania, but will still sail Carnival out of our home port when pricing is good. Do you have knowledge or insights to share? Would a Broadway-caliber show tip the scales for you? Cruising, especially living in the Fort Lauderdale area, was a fairly inexpensive getaway; - As our kids got older, we evolved to week-long RCL cruises. Too much noise so to speak. The COVID-19 pandemic has had a major impact on Viking Cruises finances. None of these lines have indicated they are in financial trouble, and some of them have suggested that they, too, can withstand a cruising shutdown lasting many more months. While it remains to be seen if these strategies will be enough to turn the companys fortunes around, they have certainly been a step in the right direction. There are several reasons why Viking Cruises is struggling financially. The Crown Lofts and Aquatheatre Suites are fabulous. The Notes have not been, and will not be, registered under the Securities Act and may not be offered or sold without registration unless pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and all applicable state laws. The Stock Is Up. 8 On Your Sides Shannon Behnken called Viking about the refund, but the company cited Douglass cancelation as the reason he didnt get his refund. There are a couple catching our eye, but at the top of the list is Oceania sailing several islands in the Med we have not been to on Vista. Itinerary, itinerary, itinerary! Is Viking Cruises in Financial Trouble? Examining the Cruise Line's Copyright 2023 Nexstar Media Inc. All rights reserved. The offering of the Additional Notes is expected to close on October 28, 2021, subject to customary closing conditions. If enough people believe, hope and dream Viking will remain viable, then it will be so. . Like many passengers who accepted COVID-related vouchers, Johns voucher is expiring soon, and hes still not ready to cruise. He doesnt want to go someplace twice if he can avoid it. The text appears: #1 on the rivers. We dont want to wait in lines. With more than 250 awards to its name, Viking has been rated the #1 River Cruise Line and #1 Ocean Cruise Line by Cond Nast Traveler in the publication's 2021 Readers' Choice Awards. Bride killed, groom seriously hurt in golf cart crash, Victims families blast Seminole Heights killer, Valet, woman injured in shooting at St. Pete Hilton, Florida man takes $1M home from Publix lottery ticket, Hillsborough teen dead in Orlando shooting, police, Crystal River named among top summer vacation destinations, Storm erosion reveals second shipwreck along Florida, Gasparilla Music Festival to kick off this weekend, New coaster coming to SeaWorld Orlando next month, Check out this hidden gem in Safety Harbor: Whimzeyland, Do Not Sell or Share My Personal Information. Viking Cruises. Parking a ship, mothballing will have cost against zero income. Additionally, the company has had to contend with rising fuel costs, declining demand for cruises, and increasing competition from other cruise lines. Complimentary amenities include Wi-Fi; house wines, beers, and soft drinks with onboard lunches and dinners; coffee and hot tea available 24/7; self-service launderettes. I have no idea - I dont knowVikings debt-equity ratios. Viking River Cruises, Inc. | Better Business Bureau Profile But, in recent years, some cruise lines have introduced truly flexible seating that allows you to eat when you please in the formal dining rooms. We'll probably try a shorty on Mr. Branson's ships to see how that works out, but like CruisinShips noted, it may be a bit out of our demo for the long run. The primary cause of the companys financial difficulties is the COVID-19 pandemic, which has resulted in a decrease in revenue and an increase in expenses. However, in recent years the company has been facing financial difficulties due to a variety of factors. Basically, he says that operating costs will be reduced more if the ships sit idle than if they sail at 50% or less of capacity. In October, will circumnavigate S America over 73 days again w/ HAL, again rt Ft Lauderdale (Seattle resident) - with an excursion to the Galapagos Islands, cruising around Antarctica and down the Amazon river. Payments are made as construction targets are achieved. Travel and lifestyle in Europe with a focus on Norway & Scandinavia. Cruise industry troubles According to the latest annual list produced by Norwegian financial magazine Kapital, Hagen has seen his personal wealth drop from $6.28 billion down to an estimated $2.1. That fits my definition. Smaller ships were then sold, so we moved first to Viking Rivers. As SoFL residents like CruisinShips, it's an easy drive to the piers in Ft. Lauderdale or Miami. Wow, over 100 cruises, amazing. That was before all the separate suite ship areas, but in my mind (right or wrong) you still have to leave those areas when you get off and on and it sounds like not worth trying - for us. We wanted to end in Norway for this trip so while Im not wild about the itinerary, it suits our needs. Even then, those players may find it difficult or impossible to get on board. LOS ANGELES, Jan. 28, 2021 /PRNewswire/ -- Viking Cruises Ltd ("Viking") today announced that it has priced its private offering of $350 million aggregate principal amount of 7.000% Senior. Viking Ocean Cruises Ltd. -- Moody's downgrades Viking's CFR to B3 Who is the troll? Add to the fact that Moody's has downgraded Viking's credit status (public information) and I don't think the outlook is all rainbows and unicorns..just saying, So a company based in Switzerland with ships flagged in Norway would get a loan from the US gov't?? The Notes are being offered only to persons reasonably believed to be "qualified institutional buyers" as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons outside the United States under Regulation S under the Securities Act. The text appears: #1 on the oceans. Click Registration to join us and share your expertise with our readers.). It is classified as operating in the Travel Arrangement & Reservation Services industry. Of course, if youre a gamer you wouldnt be happy with that, but its not entirely the fault of the game. Its just that there is a lot of money associated with this game, which requires investment from the players. when in port, a day on the ship is pretty much the same as other daysmost of the activities are still on, our meals in the Terrace Cafe are the samewe dont like to have lunch in main dining room plenty of opportunity to walk on deck, enjoy the pool if in the Carib and there are 4 ports, we may get off the ship for one of them, just to do some long distance walking we are just off the Viking Star, 13 days, 3 ports.yes 10 days at seahorrible food, roof over pool closed almost entire time, no fresh air, even though the weather was gloriousboring lectures, nothing do to on the ship Our Marina cruise in June will be our first on O. Additionally, the company should focus on introducing innovative products and services in order to differentiate itself from its competitors. The Additional Notes are being offered only to persons reasonably believed to be "qualified institutional buyers" as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons outside the United States under Regulation S under the Securities Act. They are already rated below Investment Grade. In order to remain profitable, Viking Cruises must focus on cost-cutting measures, such as reducing staff and streamlining operations. Everybody knows that when your tummy isn't feeling good, neither do you. The cost of two and a half nights of double occupancy at $54,995 is nearly $2,000 less than what you would pay for one night in a hotel room. We'll probably try a shorty on Mr. Branson's ships to see how that works out, but like CruisinShips noted, it may be a bit out of our demo for the long run. Our first cruise was on RC and we still cruise with them. Back then, we didn't even know from a balcony cabin. Douglass has been waiting for the right time to use his cruise voucher, but hes been watching as major cruise operators canceled sailing on more than 20 ships in the past month due to the ongoing pandemic. Viking River Cruises Of the lines that have so far made changes, Viking's have been the most extensive, canceling its entire season of Kyiv, Black Sea & Bucharest itinerary. ET. Oceania often has very good itineraries that meet our wishes. We have cruised with NCL in a Garden Villa and RCL in Aqua Suites and Loft Suites. Additionally, the company has had to suspend operations due to the COVID-19 pandemic, which has further exacerbated the companys financial woes. These ships are so incredibly expensive to run that they are a luxury for those of us who want to enjoy our vacation without paying a lot of money for it. There are several possible scenarios for Viking Cruises future. Food quality was meh, the ship felt dated, and the shipboard experience was just not very memorable (except for the actual Panama Canal part, which was great); - Fast forward to now (the pandemic came and we hadn't cruised since October 2019). (In The Loop Travel) How much debt does Viking Cruises have? But does it have to? Like any bigcompany (public or private), Viking will have lines of credit it can draw on. I just wanted to point out that this is not true. When typing in this field, a list of search results will appear and be automatically updated as you type. Oceania For all intents and purposes, for the comparisons I have made O and X are close to a push. Required fields are marked *. Not the case with "Mega Rockstar" suite category guests. The cruise operator posts total revenue of $1.8 billion for its first quarter, soaring past the $522 million recorded in the year-ago period. Viking suspends operations but won't refund $10,000 for river cruise I agree the food overall wasnt as good as we typically get on Oceania. You say O is very port intensive. A lot of travelers were able to receive a voucher early on, she said. Read more. Beyond the points we already covered, here are a few additional criteria that might make it easier to pick: Here at Top Consumer Reviews, cruising is one of our favorite ways to travel and experience new things. As a division of Viking Cruises, Viking River Cruises has an estimated European river market share of ~49%. Hopefully, we will become converts! For the 2019 season, Viking operated a total of 72 river vessels and six ocean-going cruise-liners. Cruise lines have a recommended gratuity to cover all three of those staff members, usually $15-$20 per traveler, per day; the total gratuity amount may be charged automatically to your account, or you may be given envelopes to make cash payments. Viking has just over $3.3 billion in total debt. It also looks at strategies taken by Viking Cruises to survive its financial troubles, such as cost reduction initiatives, re-allocation of resources, and alternative revenue streams. We will be back to Miami in October but it will be a quick exit and on to the Panama Canal transit and the Pacific. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. You will be able to leave a comment after signing in, Copyright 19952023 The Independent Traveler, Inc. Cake clubs offer an enticing opportunity for people to indulge in their favorite treat every month. Can Viking survive financially, prolonged Corona Virus cruise Feeling unsafe to travel, Douglass agreed to take the voucher. So from the beginning of2021 to the end of 2024 we'll have gone from 0 to 50 nights cruising on any line, let alone O. I think many people go through several different cruise lines be fore we find the one that suits us best, Enjoy life it has an expiry date ..we just do not know when that date is, Itinerary, itinerary, itinerary! We stayed with Princess for over 30 more, all very enjoyable cruises.
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