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Avalon Waterways. Avalon Waterways is a river cruise company owned by the Globus family of brands and offers cruises in Europe, China, Southeast Asia, South America, India and the Galápagos Islands. [1] The company became a member of Cruise Lines International Association (CLIA) in August 2009. [2]
The company was established by Torstein Hagen in St. Petersburg, Russia as Viking River Cruises in 1997. Hagen had become involved in cruising as a McKinsey and Company consultant who helped the Holland America Line survive the 1973 oil crisis, then was CEO of the Royal Viking Line from 1980 to 1984, made money in the Russian private equity markets, then bought a controlling stake in a Dutch ...
American Cruise Lines, Inc. is the largest river and small-ship cruise line in the U.S.A. with its headquarters in Guilford, Connecticut, United States. [1] [2] The Line operates nineteen small U.S. flagged cruise ships along the Eastern Seaboard (Maine to Florida, Hudson River, and Chesapeake Bay) and Western Seaboard (including Alaska and Puget Sound [3]) as well as the Mississippi, Ohio ...
As of 2021, the cruise industry was estimated to be around US$ 23.8 billion with 13.9 million passengers per year. The following is a list of the largest cruise lines with over 1,000 passengers per year and their market share by passengers and revenue as of 2021 according to Cruise Market Watch.
Group Voyagers, Inc. - also known as the "Globus family of brands", is a group of escorted tour, river cruise and independent travel package companies marketed worldwide. They include the brands Globus, Cosmos, [1] Avalon Waterways [2] and Monograms. [3] [4]
Avalon Waterways President Pam Hoffee joins Yahoo Finance Live to discuss how river cruises are grappling with low river levels due to drought and the outlook for operations.
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