Hurtigruten Considers Sale of Its Real Estate Portfolio in Svalbard


The Hurtigruten Group, through its Hurtigruten Svalbard subsidiary, has announced that it has decided to initiate a process to consider strategic alternatives for its real-estate portfolio in Svalbard.

The company stated that it will engage with interested parties in Norway and internationally and review various options for partnerships.

Hurtigruten Group’s long-term strategic commitment to a land-based Svalbard operation through Hurtigruten Svalbard will not be changed as a result of this process, it said.

Hurtigruten owns and operates three hotels, retail stores, several apartments and a significant activity and excursion operation on Svalbard and said that several external parties have expressed interest.

Hurtigruten has engaged Carnegie as its financial advisor in relation to this process.

Cruise Industry News Email Alerts


Email Newsletter

Get the latest breaking cruise news. Sign up.

Cruise Ship Orderbook

92 Ships | 198,372 Berths | $57 Billion | View

New 2021 Expedition Report

Cruise Industry News Expedition Cover


Market Overview

Complete Insight

2027 Outlook

New Players

Full Coverage

Order Today

All New 2021 Annual

Cruise Industry News 2021 Annual


Entire Industry

Supply Data

All Companies

400 Pages

Digital Access

2027 Outlook

Order Today