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May 07, 2015 2:55 AM ET

Hotels, Restaurants and Leisure

Company Overview of Seven Seas Cruises S. DE R.L.

Company Overview

Seven Seas Cruises S. DE R.L. operates as a luxury cruise company worldwide. It owns and operates three six-star luxury cruise ships comprising Seven Seas Navigator, Seven Seas Mariner, and Seven Seas Voyager with accommodations and amenities. The company’s onboard services and programs include onboard and shore excursion program, food and dining services, and other onboard amenities, as well as pre- and post-cruise hotel booking, air transportation, and guest services. Its travel destinations include Alaska, the Caribbean, South America, Northern Europe, the Mediterranean, Africa, South Pacific, and Asia. Seven Seas Cruises S. DE R.L. sells its cruises to travel agents, charters, and incent...

8300 NW 33rd Street

Suite 100

Miami, FL 33122

United States

687 Employees

Phone:

305-514-2300

Key Executives for Seven Seas Cruises S. DE R.L.

Chairman, Chairman of Prestige Cruises International Inc, Chairman of Prestige Cruise Holdings Inc, Chief Executive Officer of Prestige Cruise Holdings Inc and Chief Executive Officer of Prestige Cruises International Inc
Age: 59
Chief Human Resources Officer and Senior Vice President
Senior Vice President of Marketing
Senior Vice President of Hotel Operations
Executive Vice President of Shipboard Operations
Age: 50
Compensation as of Fiscal Year 2014.

Seven Seas Cruises S. DE R.L. Key Developments

Oceania Cruises, Inc. and Seven Seas Cruises S. DE R.L. Agrees to Terminate the Casino Concession Agreements

Century Casinos, Inc. announced that Oceania Cruises, Inc. and Seven Seas Cruises S. DE R.L., indirect subsidiaries of Norwegian Cruise Line Holdings Ltd., mutually agreed to terminate the casino concession agreements, effective June 1, 2015. Century Casinos currently operates the ship-based casinos onboard the Regatta, Nautica, Insignia, Marina and Riviera for Oceania Cruises and the Voyager, Mariner and Navigator for Seven Seas Cruises. In consideration for early termination of the concession agreements, Century Casinos will receive four million US Dollars. Also on June 1, 2015, a new two-year consulting agreement will become effective, under which the Company will provide limited consulting services for the shipboard casinos of Oceania Cruises and Sevens Seas Cruises. In return, Century will receive a consulting fee of two million US Dollars, payable in eight quarterly installments of USD 250,000 commencing in July 2015.

Regent Seven Seas Cruises Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Regent Seven Seas Cruises announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. Total revenue was a record $142.9 million in the second quarter of 2014 compared to $142.7 million in the second quarter of 2013. Adjusted EBITDA was a record $29.8 million in the second quarter of 2014, an increase of 4.6% compared with $28.5 million in the second quarter of 2013. Net income was a record $11.7 million in the second quarter of 2014, compared to $6.5 million in the second quarter of 2013. Operating income was $19,093,000 against $17,781,000 a year ago. Income before income taxes was $11,720,000 against $6,491,000 a year ago. For the six months, total revenue was $275,213,000 against $267,053,000 a year ago. Operating income was $32,046,000 against $26,268,000 a year ago. Income before income taxes was $13,691,000 against $1,521,000 a year ago. Net income was $13,502,000 against $1,412,000 a year ago. Net cash provided by operating activities was $73,583,000 against $61,412,000 a year ago. Purchases of property and equipment was $24,045,000 against $4,955,000 a year ago. Adjusted EBITDA was $52,715,000 against $47,937,000 a year ago.

Seven Seas Cruises S. DE R.L., Q2 2014 Fixed Income Call, Aug 12, 2014

Seven Seas Cruises S. DE R.L., Q2 2014 Fixed Income Call, Aug 12, 2014

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