The Oceania Regatta Calls in Saint JohnPrestige Cruise Holdings (PCH) has filed an S-1 form with the SEC for its IPO, planning to raise $250 million. A share price has not yet been indicated.

In its filing, PCH reported net income of $47.6 million on revenues of $917.4 million for the first nine months of 2013, compared to a loss of $2.6 million for 2012, a loss of $69.8 million for 2011 and a loss of $62.1 million for 2010.

PCH owns Oceania and Regent Seven Seas Cruises, which together sail eight ships in the premium and luxury market segments. The combined annual passenger capacity for 2014 is estimated by Cruise Industry News to be 186,290.

For 2012, PCH reported 1.4 million passenger days for a load factor of 95.3 percent and average ticket price of $505.45 per passenger per day. The average onboard spend per passenger day was $80.70 in 2012.

Net ticket revenue per passenger day (after commissions and transportation costs) was $328.66  and net onboard revenue was $59.13 for 2012.

The company posted operating income for the time periods: $146.9 million for the first nine months of 2013, $105.5 million for 2012, $76.7 million for 2011 and $71.2 million for 2010.  Interest costs and other expenses led to the posted losses.

The S-1 filing also listed total debt at $1.7 billion at Sept. 30, 2013.

Regent has ordered one more 750-passenger ship for $450 million to be delivered in the summer of 2016.

Apollo Management, the principal owner, holds approximately 43.8 million of the currently outstanding shares and directors and executives 5.9 million.