A&K Travel Group plans to build four new ships for Crystal Cruises, including two expedition vessels.<\/p>\n\n\n\n\n\n\n\n
Hong Kong.- A&K Travel Group<\/strong>, the owner of Crystal Cruises<\/strong>, has announced that it intends to construct four new ships within a six-year timeframe. Two will be dedicated to expedition voyages.<\/p>\n\n\n\n This move comes after the bankruptcy of Genting Hong Kong<\/a>, which led to the seizure of Crystal Serenity and Crystal Symphony by US marshals in the Bahamas in February 2022. A&K Travel Group, a travel company owned by Geoffrey Kent and Heritage, acquired both ships and carried out extensive refurbishments.<\/p>\n\n\n\n Crystal Serenity embarked on its inaugural voyage from Marseille on Monday, July 31. Crystal Symphony’s inaugural sailing will be from Athens on September 1.\u00a0Crystal has launched a new website and branding with the “Crystal \u2013 Exceptional at Sea” tagline.<\/p>\n\n\n\n Meanwhile, Genting Group chairman,\u00a0Lim Kok Thay<\/strong>, has launched\u00a0a new cruise line<\/a>\u00a0\u2013\u00a0Resorts World Cruises<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" A&K Travel Group plans to build four new ships for Crystal Cruises, including two expedition vessels.<\/p>\n","protected":false},"author":176,"featured_media":8637,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"A&K Travel Group, owner of Crystal Cruises, has announced plans to construct four new vessels, including two expedition ships, within a six-year timeframe. This strategic expansion follows the acquisition and extensive refurbishment of Crystal Serenity and Crystal Symphony after Genting Hong Kong's bankruptcy. Concurrently, Genting Group chairman Lim Kok Thay has launched a new venture, Resorts World Cruises, signaling a dynamic shift in the luxury cruise market.","focusai_entities":"A&K Travel Group, Crystal Cruises, Genting Hong Kong, Crystal Serenity, Crystal Symphony, Geoffrey Kent, Heritage, Genting Group, Lim Kok Thay, Resorts World Cruises, US marshals","focusai_location":"Hong Kong, Bahamas, Marseille, Athens, United States","focusai_target_profile":"ceo_executive (0.95), investor_analyst (0.92), supplier_vendor (0.78), journalist_researcher (0.88)","focusai_suggestions":[{"label":"Crystal Cruises Capex","query":"What is the projected capital expenditure for the four new Crystal Cruises vessels, and what are the financing mechanisms being leveraged by A&K Travel Group for this fleet expansion?"},{"label":"Genting Hong Kong Asset Impact","query":"How has the dissolution and subsequent acquisition of Genting Hong Kong's cruise assets impacted the broader luxury cruise market's competitive dynamics and asset valuation benchmarks?"}],"footnotes":""},"categories":[157,16338],"tags":[],"class_list":["post-777007771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777007771"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007771\/revisions"}],"predecessor-version":[{"id":777007786,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007771\/revisions\/777007786"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/8637"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}