Tag Archives: Silversea

Royal Caribbean Group’s Executives Get a Preview of Silver Nova

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Royal Caribbean Group President and CEO Jason Liberty, Chairman Richard Fain and Silversea’s President Barbara Muckermann enjoyed an exclusive preview of the Silver Nova.

Royal Caribbean Group’s executives were welcomed by Meyer Werft Managing Directors Jan and Bernard Meyer and enjoyed a detailed tour of the ship. 

“Innovation drives our mission to provide the best vacations, responsibly, and Silver Nova embodies this commitment in every way. This stunning ship revolutionizes ultra-luxury cruising and represents an important step on our sustainability journey,” said Jason Liberty, president and CEO of Royal Caribbean Group. “I would like to officially thank and congratulate the Meyer family, and the talented teams at Meyer Werft, Royal Caribbean Group, and Silversea for pushing industry boundaries to create such a pioneering ship.”

 “Silver Nova embodies the vision of our brand and the evolution of our fleet, demonstrating the extent to which our guests are benefitting from our brand being part of Royal Caribbean Group,” said Barbara Muckermann, president of Silversea. “Silver Nova introduces an industry-leading approach to sustainability, an unprecedented openness to the world, and an entirely new take on luxury at sea. She is a beauty and I can’t wait to personally greet our guests on board, introducing them to the future of ultra-luxury cruise travel.”

The Silver Nova will set sail on its maiden voyage on August 14, sailing roundtrip from Fusina (Venice). After a series of Mediterranean cruises, the new ship will cross the Atlantic to the United States of America to offer Caribbean and Central America voyages.

On January 4, 2024, the Silver Nova will depart on the 71-day Grand Voyage South America.

‘EXCEPTIONAL’ Q1 BOOKINGS HELP RCG UPGRADE 2023 PROFIT PROJECTIONS

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Independence of the Seas in the port of Southampton, photo credit Spacejunkie2 (Flickr).

Royal Caribbean Group (RCG) saw booking volumes in the first quarter of 2023 perform “considerably” better than expected, enabling the company to “significantly” improve its revenue expectations for all three remaining quarters of 2023.

In a recent trading update covering the three months to 31 March, the group, which owns Royal Caribbean, Silversea and Celebrity Cruises, saw an earlier start to an extended wave period generate a record level of bookings.

The strong trends resulted in an acceleration of the group’s booked position in relation to prior years, with the company generating “significantly” more bookings at “meaningfully” higher prices.

This year’s wave resulted in strong close-in demand at higher prices for the first quarter and enabled a significant improvement in revenue expectations for all three remaining quarters.

The increase in yield expectations for the year is predominantly related to higher load factors in the first quarter and higher prices for all four quarters, especially for Caribbean sailings.

Consumer spending onboard, as well as pre-cruise purchases, continue to exceed 2019 levels driven by greater participation at higher prices. The company expects load factors to reach “historical” levels by late spring.

“We knew that demand for our business was strong and strengthening, but we have been pleasantly surprised with how swiftly demand further accelerated well above historical trends and at higher rates,” said Jason Liberty, president and chief executive of RCG.

“Leisure travel continues to strengthen as consumer spending further shifts towards experiences. Demand for our brands is outpacing broader travel due to a strong rebound and an attractive value proposition.”

The company reported a net loss for the first quarter of $47.9 million compared to a net loss of $1.2 billion for the same period in the prior year. 

The group also experienced particularly strong close-in demand for Caribbean itineraries, which accounted for close to 80% of first-quarter capacity. Load factors in the first quarter were 102%.

Adjusted earnings per share for the full year are expected to be in the range of $4.40 to $4.80 per share.

Silversea Names Silver Endeavour in Antarctica

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Silversea Cruises has officially named Silver Endeavour in a naming ceremony held on November 19.

The cruise line held the celebration in the Lemaire Channel, Antarctica, where the Silver Endeavour was inaugurated as the 11th ship in the fleet.

This also makes Silver Endeavour the first ship ever to be named in the Lemaire Channel.

“We are excited to officially welcome Silver Endeavour to the Royal Caribbean Group fleet, bringing our global fleet to 64 ships,” said Jason Liberty, president and CEO of the Royal Caribbean Group.

“Silver Endeavour will continue to strengthen Silversea’s position as the leading ultra-luxury and expedition cruise line, allowing us to grow capacity while building upon Royal Caribbean Group’s mission of delivering the best vacations in the world, responsibly.”

The celebration was attended by Silversea Cruises executives, the ship’s Godmother Felicity Aston MBE as well as select members of the cruise line’s extended family.

“We are incredibly proud to have hosted ultra-luxury cruising’s first Antarctica naming ceremony for Silver Endeavour­­, our third ship to be named in just nine months,” said Roberto Martinoli, President and CEO of Silversea Cruises.

“I would like to thank Captain Niklas Peterstam and the ship’s crew, the entire Silversea team, Jason Liberty and all those involved at Royal Caribbean Group for their invaluable support in reaching this momentous milestone. Silver Endeavour strengthens our position as the industry’s leading cruise line, broadening our diverse polar offering for our guests’ enjoyment.

“A source of great inspiration for our guests, we are honoured to name Felicity Aston as the ship’s Godmother. Felicity is the perfect ambassador for Silversea; she shares the same unwavering sense of curiosity and adventure that unites all of our guests.”

As per the tradition, Aston blessed Silver Endeavour and cut the ribbon alongside Captain Niklas Peterstam.