If you are a cruise enthusiast, you may have heard of Regent and Oceania Cruise Lines. These cruise lines are known for their luxurious amenities, exceptional service, and premium itineraries that take you around the world.
However, have you ever wondered who owns these cruise lines? In this article, we will explore the ownership of Regent and Oceania Cruise Lines.
The Ownership of Regent Cruise Line
Regent Cruise Line is owned by Norwegian Cruise Line Holdings Ltd. (NCLH). NCLH is a publicly traded company that operates three cruise brands – Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises (Regent Cruise Line). NCLH was formed in 2010 when Apollo Management, L.P. acquired Prestige Cruises International, the parent company of Oceania Cruises and Regent Seven Seas Cruises.
Apollo Management, L.
Apollo Management, L. is a private equity firm that was founded in 1990 by Leon Black, Joshua Harris, and Marc Rowan. Apollo has investments in various industries such as chemicals, consumer goods, energy, financials, healthcare, industrials, media and telecoms. In addition to NCLH’s acquisition of Prestige Cruises International in 2014, Apollo also has investments in other travel-related companies such as AMC Entertainment Holdings Inc., Caesars Entertainment Corp., Great Wolf Resorts Inc., and Diamond Resorts International Inc.
The Ownership of Oceania Cruise Line
As mentioned earlier in this article, Oceania Cruise Line is also owned by Norwegian Cruise Line Holdings Ltd., which is a publicly traded company on the New York Stock Exchange (NYSE) under the symbol “NCLH”. The acquisition of Prestige Cruises International by NCLH in 2014 included both Oceania Cruises and Regent Seven Seas Cruises.
Prestige Cruises International
Prestige Cruises International was a privately held company that owned and operated Oceania Cruises and Regent Seven Seas Cruises. The company was founded in 2007 by Frank Del Rio, who is currently the CEO of Norwegian Cruise Line Holdings Ltd. Prior to founding Prestige, Del Rio was the CEO of Renaissance Cruises and Chairman of the Board of Directors of Norwegian Cruise Line.
Conclusion
In conclusion, Regent Seven Seas Cruises (Regent Cruise Line) and Oceania Cruises are both owned by Norwegian Cruise Line Holdings Ltd. (NCLH), which is a publicly traded company on the New York Stock Exchange (NYSE) under the symbol “NCLH”. NCLH acquired Prestige Cruises International, the parent company of both Regent and Oceania, in 2014.
Prior to that, Prestige was a privately held company founded by Frank Del Rio, who is now the CEO of NCLH. Apollo Management, L., a private equity firm, owns NCLH.