Is Viking Cruises Selling Out to Pay Its Debt? IPO!
In this Viking Cruises vlog we discuss the recent news that Viking is confidentially considering going from private ownership under Torstein Hagen to a publicly traded company through an IPO (Initial Public Offering); there are thoughts that this is in response to the massive debt accumulated from the COVID pandemic shutdown. As cruise enthusiasts ourselves we discuss what this could mean for the Viking cruise experience.
Cruise Operator Viking Holdings Files Confidentially for US IPO
www.bloomberg.com/news/articl...
UPDATE: As predicted, Viking has officially filed it's IPO!
www.bloomberg.com/news/articl...
cruiseindustrynews.com/cruise...
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Keywords: #dchiddengems #slowtravel #travelvlog #gaytravel #cruise #cruiselife
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🎦 Chapters
00:00 Viking Cruise News Intro
00:43 Billionaire Torstein Hagen
01:43 Viking Takes Off
02:30 Disaster!
03:11 Massive Debt
03:46 Rebound
04:14 Aftermath
06:33 Viking's Response
08:38 When Cruise Companies Go Public
09:35 A New Viking
11:21 The Bottom Line
Пікірлер: 14
This is one of the most comprehensive breakdowns I've seen. Thank you for taking the time to make this video.
@dchiddengems
2 ай бұрын
Hey! You just made our day!! Thanks so much. That means a lot coming from you! We love your work and really appreciate the comment. We’d also love feedback on what we can do better. Congrats on your success and thanks again for the good words!! M and C
The "secret sauce"...exactly why we stopped cruising with Princess after 35+ cruises. After the restart, they took away almost all of the perks that Elites get, the stock has tanked and hasn't come anywhere close to what we paid for it, they sold off all of the small ships (our preference) and the food is now nothing like it was. We've booked a Viking Ocean cruise and have our fingers crossed.
@dchiddengems
7 күн бұрын
Hey! We really hear you. Think you’ll enjoy Viking. We also really like Azamara, as well. Let us know what you think, and thanks for coming along with us!:)
He is clear and makes his subject easy to understand.
@dchiddengems
2 ай бұрын
Hey! Thanks for the comment and coming along with us!! Glad you found value and hope you’ll check out our channel for more. Let us know what you would recommend we do better, as well, if you don’t mind. We love the feedback and it’s much appreciated!!:)
Very interesting. It helps explain why Viking insists on having their cruises paid in full over a year in advance. I went to book an ocean cruise for October 2025. They demanded it be paid in full by August 2024, almost 14 months in advance! No thanks.
@dchiddengems
7 күн бұрын
Hey. Thanks for coming along with us! They do ask for payment well in advance. We’ve found that often your travel agent can get better terms. Maybe try that?
As a cruise consumer, a 2024 Viking cruise may be better than usual as they get ready for their IPO?
@dchiddengems
2 ай бұрын
Hey. Thanks for the comment and coming along. We love Viking so anytime is good for us:). That said, 24 cruises are pretty set and we presume most booked, so we don’t foresee any big differences this year. That said, we will keep an eye out and let you know what we find!:)
I hope they don't go public. I see Viking becoming like all the other cruise lines nickel and dimeing cruisers. I guess if that happens, I'm done with cruising.
@dchiddengems
2 ай бұрын
Hey. Thanks for the reply and coming along with us. Well, it looks like it’s happening. We bet they won’t change their model, though, so we are hoping and believe they’ll not nickel and dime. They know they’ve got a good thing going, so we’ll stay tuned and let you know what we see.
As a solo cruiser I won't sail Viking until they start considering reduced single supplements like other small ships like Oceania and Windstar
@dchiddengems
2 ай бұрын
Hey. Thanks for the comment and coming along with us!! We’ve not done single supplement, but have spoken to others about the high cost. That’s a lot to deal with. Glad you’re seeing other good options out there. Which do you think is the best for solo travelers in this category of cruising?