Crystal Cruises Ltd.
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Crystal Cruises Ltd. - overview
Established
1990
Location
Aventura, CA, US
Primary Industry
Travel & Leisure
About
Based in the US, Crystal Cruises, LLC offers luxurious cruise experiences, featuring premium services and exquisite amenities designed for discerning travelers seeking unforgettable journeys across the globe. Crystal Cruises, LLC specializes in luxury ocean cruising, founded in 1990 in Aventura, US. The company has undergone strategic pivots to enhance its offerings. Christo Botha is the Founder, while Mamphela Ramphela serves as CEO.
In June 2022, the company was targeted for acquisition by A&K Travel Group Ltd. , a transaction aimed at scaling its leisure operations. Crystal Cruises provides a premium cruise experience through its flagship vessels, Crystal Symphony and Crystal Serenity. These ships offer all-inclusive luxury cruise packages, featuring gourmet dining by renowned chefs like Nobu Matsuhisa and top-tier entertainment, including Broadway-style shows.
The cruises cater to affluent travelers exploring diverse global destinations, emphasizing culture and natural beauty in regions such as the Mediterranean and South America. Crystal Cruises generates revenue through direct-to-consumer transactions by offering all-inclusive cruise packages starting at approximately USD 5,300 per guest. These packages encompass accommodations, dining, excursions, and onboard entertainment. The company also promotes exclusive offers and operates a loyalty program to encourage repeat business from previous guests.
Following the acquisition bid in June 2022, Crystal Cruises plans to expand its leisure operations significantly. The company is likely to develop new products for its cruise offerings, enhancing travelers' experiences. Additionally, it aims to enter new geographic markets, with specific expansions targeted for regions identified during the acquisition discussions. The funding from the recent acquisition will be utilized to support these strategic growth initiatives.
Current Investors
A&K Travel Group Ltd.
Primary Industry
Travel & Leisure
Sub Industries
Travel & Tourism
Website
www.crystalcruises.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Crystal Cruises Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Crystal Cruises Ltd. | - |
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