Home > Royal Caribbean Selling Azamara Brand

Royal Caribbean Selling Azamara Brand


Royal Caribbean has announced they are selling its Azamara cruise line brand. According to Business Insider, the company will sell the line to Sycamore Partners for $201 million. The Azamara deal is the latest in a series of cruise industry disruptions amid the COVID-19 pandemic. The Azamara sale is a cash transaction between Royal Caribbean and Sycamore Partners, a private equity firm. Sycamore will then own the cruising brand and its fleet of three ships.

Added on the 19/01/2021 22:03:04 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • Royal Caribbean: 100K People Want to Test Cruises

    In March the cruise industry came to an abrupt halt. The World Health Organization declared coronavirus a global pandemic. Cruise lines are legally mandated to run test cruises before they are allowed to officially set sail again. The company's president said Royal Caribbean has already signed up 100,000 willing volunteers. Last week, the first cruise to sail the Caribbean in months was forced to return to port amid a coronavirus outbreak among passengers.

    19/11/2020 - Wochit
  • Royal Caribbean Looking For "Test Cruise" Volunteers

    The US Center for Disease Control and Prevention lifted its no-sail order on November 1st. However, Royal Caribbean will be looking for volunteers to embark on trial cruises. These cruises are a way to test safety guidelines the CDC has put in place to allow ships to set sail again. Most cruise ships have been at dock since March, when the coronavirus pandemic halted all travel. Royal Caribbean is going to be looking for volunteers to experience the new style of cruising. The process will use simulated voyages to "test cruise ships" ability to mitigate COVID-19 risk.

    12/11/2020 - Wochit
  • Queen Elizabeth 'bans use of Sussex Royal brand'

    According to a report, Queen Elizabeth has banned the Duke and Duchess of Sussex from using their Sussex Royal brand.

    19/02/2020 - BANG Showbiz
  • Duke and Duchess of Sussex 'remain in talks over royal brand'

    A report has claimed that the Duke and Duchess of Sussex are in talks over whether they'll be able to retain their Sussex Royal brand.

    19/02/2020 - BANG Showbiz
  • Orlando Bloom doesn't want second divorce

    Orlando Bloom doesn't want to rush marrying Katy Perry because he's scared of getting divorced again.

    23/08/2019 - BANG Showbiz

More videosBusiness

Watch video of The Post-Brexit Recovery Across European Markets Has Stalled With Major Share Indexes Mixed And Safe-haven Demand For Precious Metals Helping The Price Of Silver Surge To A Near-two Year High.  But,  As Sonia Legg Reports, Trading Volumes Were Light Becasue Of The July 4 Public Holiday In The United States. - European shares end post-Brexit rally - Label : Reuters EN -

European shares end post-Brexit rally

04/07/2016 15:56:29

Watch video of BP Slumps To Its Worst Annual Loss In 2015, The British Oil And Gas Company Announces, And Says It Will Cut Thousands More Jobs In The Face Of A Deep Rout In Oil Prices. Hayley Platt Reports - Oil prices drag BP to worst annual loss - Label : Reuters EN -

Oil prices drag BP to worst annual loss

02/02/2016 14:51:34