Page 8 - Cruise Industry News Secondhand Market Report

Intro /

Celestyal

Big Investments

 Celestyal has a refreshed fleet.

he company purchased the 1993-built Celestyal Journey,
Tthe former Ryndam, in March 2023, and started operations
in September. That was followed by the 2003-built Celestyal
“We have a renewed Discovery, which was the former AIDAaura and was purchased
in November when a previous deal Carnival had to sell the ship
fell through. The Discovery entered operations in March. With
fleet. As of March, we the fleet refreshed, the 1992-built Crystal and 1982-built Olympia
have been retired.
“We have also committed to new operating regions in the
are operating two new- Adriatic and Arabian Gulf. The culmination of this means it’s a
year-round operation for us,” added Theophilides. “The headline
to-the-brand vessels is investment, not just in hardware, but in people, systems and
anything to do with the customer.”
and have moved away NEXT

The ships and refurbishments were helped by new capital, with
from the older ships,” private equity joining the Celestyal ownership structure some 24
months ago.
said Chris Theophilides, ished, with the investment going into passenger areas on both ships.
Theophilides said the first phase of cap-ex in both ships was fin-
CEO of Celestyal.  now features all new balcony and penthouse suites, enabling the
The Journey saw a refresh of its premium suite inventory, and
company to triple the number of balconies it has on its weeklong
product.
The Discovery saw a significant amount of work in public
spaces.

14 Cruise Industry News: Secondhand Market 1983 – 2024