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Royal Caribbean Group
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a global cruise holding company incorporated in Liberia and based in Miami, Florida, United States. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of January 2021, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. They also hold a 50% stake in TUI Cruises and the now-defunct Pullmantur Cruises and CDF Croisières de France. Previously Royal Caribbean Group also fully owned Azamara Cruises selling the cruise line to Sycamore Partners in January 2021, and 50% of Island Cruises, selling their stake to TUI Travel PLC in October 2008. History Royal Caribbean Group was formed as Royal Caribbean Cruises Ltd. in 1997 when Royal Caribbean Cruise Line purchased Celebrity Cruises. The decision was made to keep the two cruise line brands separate following the merger; as a result Royal Caribbean Cr ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Liberia
Liberia (), officially the Republic of Liberia, is a country on the West African coast. It is bordered by Sierra Leone to Liberia–Sierra Leone border, its northwest, Guinea to its north, Ivory Coast to its east, and the Atlantic Ocean to its south and southwest. It has a population of around 5 million and covers an area of . English is the official language, but over 20 indigenous languages are spoken, reflecting the country's ethnic and cultural diversity. The country's capital and largest city is Monrovia. Liberia began in the early 19th century as a project of the American Colonization Society (ACS), which believed black people would face better chances for freedom and prosperity in Africa than in the United States. Between 1822 and the outbreak of the American Civil War in 1861, more than 15,000 freed and free-born black people who faced social and legal oppression in the U.S., along with 3,198 Afro-Caribbeans, relocated to Liberia. Gradually developing an Americo- ...
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Crystal Cruises
} Crystal Cruises is a cruise line now headquartered in Downers Grove, Illinois, USA. It was founded in 1988 by Japanese shipping company Nippon Yusen Kaisha, and sold to Hong Kong-headquartered conglomerate Genting Hong Kong in 2015. Following insolvency in 2022, the Crystal Cruises brand and two cruise ships were bought by A&K Travel Group, to recommence operations in 2023. The new company has announced major refurbishments and enhancements for the two award-winning ships in a Fincantieri shipyard in Trieste, Italy including increasing the number of butler suites and reducing guest capacity, with plans to resume service in June 2023 with shore excursions curated by Abercrombie & Kent. History The company was founded in 1988 by Nippon Yusen Kaisha (NYK). Its first ship was '' Crystal Harmony.'' On March 3, 2015, NYK announced that it was selling Crystal Cruises to Genting Hong Kong. The sale price was US$550 million in cash, subject to certain adjustment items. On May 15, 2015, ...
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Freeport, Bahamas
Freeport is a city, district and free trade zone on the island of Grand Bahama of the northwest Bahamas. In 1955, Wallace Groves, a Virginian financier with lumber interests in Grand Bahama, was granted of pineyard with substantial areas of swamp and scrubland by the Bahamian government with a mandate to economically develop the area. Freeport has grown to become the second most populous city in the Bahamas. The main airport serving the city is the Grand Bahama International Airport, which receives domestic flights from various islands of the Bahamas as well as several international flights from the United States and Canada. Freeport is also served by domestic Bahamian ferry services to other islands. The Grand Bahama Port Authority (GBPA) operates the free trade zone, under the Hawksbill Creek Agreement signed in August 1955 whereby the Bahamian government agreed that businesses in the Freeport area would pay no taxes before 1980, later extended to 2054. The area of the land ...
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TUI Travel
Tui or TUI may refer to: Places * Tui, Pontevedra, Spain * Tui, Iran, West Azerbaijan Province, Iran * Tui, North Khorasan, North Khorasan Province, Iran * Tui Province, Burkina Faso * Tuis District, Costa Rica * Tui railway station, New Zealand Computing * Tangible user interface, in which people interact with digital information through the physical environment * Text-based user interface, as distinct from a graphical user interface * Touch user interface, a computer-pointing technology Organisations * TUI Group, a tour operator ** TUIfly, several airlines owned by TUI Group ** TUI Travel, a British leisure travel group that merged with TUI Group * North Tui Sports, a 1930s New Zealand aircraft * Teachers' Union of Ireland, a trade union * Trident University International, an online university in the United States Other uses * Tūī, a New Zealand native bird * Tui (name), a Polynesian given name and surname * Tui (beer), a brand of beer, named after the bird * Tui (intellec ...
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TUI AG
TUI Group is a German leisure, travel and tourism company. TUI is an acronym for ''Touristik Union International'' ("Tourism Union International"). TUI AG was known as Preussag AG until 1997 when the company changed its activities from mining to tourism. It is headquartered in Hanover, Germany. It fully or partially owns several travel agencies, hotel chains, cruise lines and retail shops as well as five European airlines. The group owns the largest holiday aeroplane fleet in Europe and holds multiple European tour operators. It is trading as TUI AG jointly listed on the Frankfurt Stock Exchange and the London Stock Exchange as a constituent of the FTSE 250 Index. History The origins of the company lie in the industrial and transportation company Preussag AG, which was originally formed as a German mining company. It was incorporated on 9 October 1923, as ''Preußische Bergwerks- und Hütten-Aktiengesellschaft'' (Prussian Mine and Foundry Company). In 1927 it was merged with ...
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First Choice Holidays
First Choice Holidays Limited (trading as First Choice) is a British online travel agency and tour operator, headquartered in Luton, England. It is a subsidiary of TUI UK, itself a subsidiary of TUI Group, and its holidays are sold in TUI stores and websites. It also operates own brand hotels. First Choice Holidays previously traded as a subsidiary of First Choice Group plc until its merger with TUI Travel plc in 2007. The company was then revived as a brand in 2011 under the TUI Group brand umbrella. History Operations as a Public Limited Company The company (originally named ''Owners Abroad'') was founded in 1973 by Neil Scott, a former London taxi driver, ice cream truck operator and movie extra, operating as a travel agent. It first listed on the London Stock Exchange in 1982 with Scott as Chairman and CEO. In 1987, the group launched Air2000 and in 1990 it acquired Redwing, under the guidance of Howard Klein who had replaced Scott as CEO. The company renamed as ''Fi ...
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Royal Caribbean Cruise Line
Royal Caribbean International (RCI), also formerly known as Royal Caribbean Cruise Line (RCCL), is a cruise line brand founded in 1968 in Norway and organised as a wholly owned subsidiary of Royal Caribbean Group since 1997. Based in Miami, Florida, United States, it is the largest cruise line by revenue and second largest by passengers counts. In 2018, Royal Caribbean International controlled 19.2% of the worldwide cruise market by passengers and 14.0% by revenue. It operates the five largest passenger ships in the world. As of January 2022, the line operates twenty-six ships and has four additional ships on order. History Royal Caribbean Cruise Line was founded in 1968 by three Norwegian shipping companies: Anders Wilhelmsen & Company, I.M. Skaugen & Company, and Gotaas Larsen. The newly created line put its first ship, ''Song of Norway'', into service two years later. A year later, the line added '' Nordic Prince'' to the fleet and in 1972 it added '' Sun Viking''. In 197 ...
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Royal Caribbean Cruises Headquarters
Royal may refer to: People * Royal (name), a list of people with either the surname or given name * A member of a royal family Places United States * Royal, Arkansas, an unincorporated community * Royal, Illinois, a village * Royal, Iowa, a city * Royal, Missouri, an unincorporated community * Royal, Nebraska, a village * Royal, Franklin County, North Carolina, an unincorporated area * Royal, Utah, a ghost town * Royal, West Virginia, an unincorporated community * Royal Gorge, on the Arkansas River in Colorado * Royal Township (other) Elsewhere * Mount Royal, a hill in Montreal, Canada * Royal Canal, Dublin, Ireland * Royal National Park, New South Wales, Australia Arts, entertainment, and media * ''Royal'' (Jesse Royal album), a 2021 reggae album * '' The Royal'', a British medical drama television series * '' The Royal Magazine'', a monthly British literary magazine published between 1898 and 1939 * ''Royal'' (Indian magazine), a men's lifestyle bimonth ...
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TUI Travel PLC
Tui or TUI may refer to: Places * Tui, Pontevedra, Spain * Tui, Iran, West Azerbaijan Province, Iran * Tui, North Khorasan, North Khorasan Province, Iran * Tui Province, Burkina Faso * Tuis District, Costa Rica * Tui railway station, New Zealand Computing * Tangible user interface, in which people interact with digital information through the physical environment * Text-based user interface, as distinct from a graphical user interface * Touch user interface, a computer-pointing technology Organisations * TUI Group, a tour operator ** TUIfly, several airlines owned by TUI Group ** TUI Travel, a British leisure travel group that merged with TUI Group * North Tui Sports, a 1930s New Zealand aircraft * Teachers' Union of Ireland, a trade union * Trident University International, an online university in the United States Other uses * Tūī, a New Zealand native bird * Tui (name), a Polynesian given name and surname * Tui (beer), a brand of beer, named after the bird * Tui (intellec ...
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Island Cruises
Island Cruises was a cruise line that was founded as a joint venture between Royal Caribbean Cruises Ltd. and First Choice Travel PLC, each of whom owned 50% of the company. The company operated in Europe, the Caribbean, and South America, aiming its products primarily at markets in the United Kingdom, Brazil and Argentina.Ward, Douglas: ''Berlitz Complete Guide to Cruising & Cruise Ships 2006'', pages 358–359, 363. Berlitz Publishing 2006. First Choice was later acquired by TUI Travel. In 2008, Royal Caribbean sold its stake in the company to TUI, and the cruise line's only fully owned ship, the ''Island Escape'', was transferred to TUI's Thomson Cruises. Island Cruises was discontinued in 2015. History Island Cruises was founded in 2001 by Royal Caribbean and First Choice Holidays PLC, and began operations in 2002 with one ship, the '' Island Escape''. Initially, Island Cruises had planned to operate in Europe during the summer season (Northern Hemisphere), and out of Calif ...
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Sycamore Partners
Sycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. The firm has approximately $10 billion in aggregate committed capital. History Founding Sycamore Partners was founded in 2011 by Stefan Kaluzny and Peter Morrow. Before Sycamore, Kaluzny was a Managing Partner at Golden Gate Capital and was employed since the firm's inception. Prior to joining Golden Gate, he co-founded Delray Farms, Inc. and also served as its Chief Executive Officer. Kaluzny received a BA from Yale University and an MBA from Harvard Business School. Morrow served as a Principal at Golden Gate before co-founding Sycamore. Peter Morrow received a BA from Stanford University and an MBA from Stanford Graduate School of Business. Holdings Current *CommerceHub * Staples (Acquired 2017) *Pure Fishing (Acquired January 2019) **Brands include: ABU Garcia, All Star, Berkley, Chub, Fenwick, Greys, Hardy, Hodgman, Johnson, JRC, Mitchell, Penn, Pflueger, Sebil ...
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