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Death and Taxes: A Renaissance Update

August 17, 2014 Steve Wellmeier
Renaissance V, now called the Sea Spirit, will continue to offer expedition cruises to Antarctica, South Georgia and the Falkland Islands/Malvinas as well as the Arctic when Poseidon Expeditions takes over the charter from Quark Expeditions in May 2…

Renaissance V, now called the Sea Spirit, will continue to offer expedition cruises to Antarctica, South Georgia and the Falkland Islands/Malvinas as well as the Arctic when Poseidon Expeditions takes over the charter from Quark Expeditions in May 2015. Read on for other recent operational changes to the original Renaissance Cruises fleet.

Hotels, resort properties and cruise vessels all change hands from time to time, and the small ship segment of the industry is no exception. 

If you’re busy and miss the cruise trade press for a week or two, news about changes of ownership, long-term charters or even new builds will surely pass you by. Not to mention the deals and agreements that aren’t even covered in the online trades or RSS news feeds, and which you learn about through the grapevine.

I wrote a blog post in mid-February that tracked down the current management and use of the eight original Renaissance ships. No surprise, it’s already out of date.

This short blog post updates that earlier one.

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In Antarctica, Cruise Ships, Marketing, Small Ships, Travel Marketing, Arctic Cruising Tags Expedition vessels, Galapagos Islands, market positioning, product differentiation, APT, Noble Caledonia, Poseidon Expeditions, Travel Dynamics, Grand Circle Travel, Polar Latitudes, Quark Expeditions
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A Renaissance in Small Ship Expedition Cruising

February 18, 2014 Steve Wellmeier
Sea Spirit in the Lemaire Channel, Antarctic Peninsula.

Sea Spirit in the Lemaire Channel, Antarctic Peninsula.

Last week’s announcement by Hurtigruten celebrating the 50th anniversary of its vintage vessel MS Lofoten reminded me of the longevity of smaller expedition ships, and of the market niche that loves them.

The company has a storied 120-year history of transporting both locals and international tourists along the Norwegian coast, as well as offering expedition cruises around Svalbard and, in more recent years, to Antarctica. While most passengers nowadays opt for Hurtigruten’s larger and newer ships, the 150-passenger Lofoten clearly appeals to a niche of the market with her classic nautical lines, wood paneled interiors and intimate atmosphere. She's created a real identity for herself.

There are many other small, vintage vessels that still ply the remote corners of the globe, catering to adventurous travelers. I hope to blog about a few more of them in the future, and how they’re marketed. For now, I want to sort out a fleet of 25-year-old sister ships that do their fair share in taking curious travelers to out-of-the-way destinations on expedition cruises.

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In Antarctica, Cruise Ships, Marketing, Small Ships Tags Expedition vessels, Galapagos Islands, Market Positioning, Product Differentiation
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Are Small Ship and Expedition Cruise Marketers Ready for Chinese Travelers?

January 16, 2014 Steve Wellmeier
Photo courtesy Kenneth Keng

Photo courtesy Kenneth Keng

In recent months, mainstream and travel trade journalists issued a flurry of articles about the growth of Chinese outbound tourism.

I find the sheer magnitude of the numbers and the estimates remarkable:

  • As of year-end 2012, Mainland China was the biggest source of foreign tourists in the world, with 83.2 million Chinese citizens having traveled abroad during the year, a 398% increase over the previous ten years. This number is pegged at 97 million for 2013, with some observers seeing continued annual growth of 15%–20% for the next few years.
     
  • Collectively, Chinese travelers will spend roughly $129 billion from mid-2013 to mid-2014 on outbound travel, more than any other nationality, having surpassed both the U.S. and Germany for the first time in 2012.
     
  • More than one million Chinese citizens have assets exceeding $1.6 million, with foreign travel generally thought to be an essential part of their spending habits. Of this elite group, 68% spend more than $8,000 while overseas, and 28% spend more than $16,300.  Many with less modest incomes, especially in second- and third-tier cities, are also saving for their first visit to the West.
     
  • China is on track to become the second largest cruising market after the US by 2017.

What Does This Mean for Small Ship and Expedition Cruising?
I was curious what these trends mean for the small ship and expedition cruise segments of the industry – the area that I know the best – and wanted to learn a bit more. This blog post explores some of the marketing issues involved in tapping into the Chinese market, as well as the many cultural challenges in bringing these travelers aboard small cruise ships. 

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In Antarctica, Marketing, Small Ships, Tours, Chinese Outbound Tourism, Chinese Travel Abroad, Cruise Ships Tags Expedition vessels, European Riverboats, Galapagos Islands
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