Norwegian Cruise Line
Cruise Operators Reap Benefits of Their Own Private Islands
October 29, 2024
By Doyinsola Oladipo NEW YORK (Reuters) - Major cruise operators are steering their ships - and millions of dollars in investments - into their own private destinations packed with excursions, beaches, bars and restaurants. The phenomenon appears to have started with Royal Caribbean Group, which in 2019 opened "Perfect Day at CocoCay," an amusement park-like private destination in The Bahamas that has caught the eye of Wall Street. By operating their own private destinations on small Caribbean islands, Royal Caribbean and other cruise operators have managed to grow revenues faster. "By having their own port and not having to pay p...
Mondrian South Beach Undergoing $20 Million Property-Wide Transformation
September 14, 2020
MIAMI BEACH, Fla., Sept. 14, 2020 - Mondrian South Beach, the waterfront oasis on Miami Beach's Biscayne Bay, announces a $20 multi-million dollar property-wide transformation. First opened in 2008, the bayside retreat is again setting out to redefine trends with a new modern tropical look, feel, and experience. Located on West Avenue with direct marina access, the 220-room property is now accepting reservations starting November 16, 2020. The renovation is being led by hotel partners Russell Galbut of Crescent Heights and Chairman of Norwegian Cruise Line and Michael S. Liebowitz CEO and Founder of Harbor Group Consulting. "Since partn...
