Independent journal on economy and transport policy
12:27 GMT+1
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Royal Caribbean constitutes with Ctrip the new crocieristica company SkySea Cruises for the Chinese market
joint venture will become operating to half 2015, but already the activities of commercialization and marketing have been under way
November 24, 2014
the crocieristico group American Royal Caribbean Cruises (RCL) and the Chinese tourist group Ctrip.com International has made official their agreement in order to constitute joint venture SkySea Cruises, new at the market Chinese dedicated crocieristica society. Joint venture will be participated by the two partner both with 35% of the capital, while remaining 30% will be stopped by management of SkySea and a bottom of private equities.
RCL and Ctrip preview to conclude the transaction by the end of this month and to return joint venture to half 2015 with the employment of a ship and possible the successive acquisition of other units operating. We remember that some week it makes, in the within of the negotiations in order to constitute the new company, Royal Caribbean Cruises had yielded the ship from cruise Celebrity Century to the Exquisite Marine, than through the Holding Skyseas International september 2014 is under responsibility of the group Ctrip( of the 3).
RCL and Ctrip have announced that the activities of commercialization and marketing of the new company already have been under way, but have not specified neither if the ship used from SkySea will be - like probable - the Celebrity Century, than the Celebrity Cruises of the group Royal Caribbean Cruises will continue to operate until the next April, neither if between the shareholders of the Holding Skyseas, that it is participated by Ctrip together to other investor, figure already the same crocieristico group American.
"We will work with Ctrip, one of the leaders of the Chinese tourism - it has explained the president and CEO of Royal Caribbean Cruises, Richard Fain - in order to institute national a crocieristica company for China. SkySea Cruises represents an important strategic milestone in our effort of expansion in the Chinese market".
"ours partnership with Royal Caribbean Cruises - it has commented Min Fan, Co-founder and vice president of Ctrip - will allow us to carry the best crocieristiche vacations specifically studied for the Chinese tourists. We preview that SkySea Cruises will become fundamental part of the crocieristico market in increase of China".
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