Ritz Carlton Yachts

Reply

Old Jul 11, 17, 6:12 pm
  #46  
FlyerTalk Evangelist
 
Join Date: Jun 2006
Location: IAD/DCA
Posts: 31,510
$25K for what?

$30K charters arent great on space are they? can you give examples of manufacturers? does $30K include expenses and gratuity? megayachts that run hundreds of thousands / millions a week look incredible, but understandably owners dont allow charters to resell rooms.

(lots of) different markets which have different customers

when cruiselines are doing as well as they are, one 149-cabin probably not hard to handle

knows cruise industry pretty well >
Originally Posted by hedoman View Post
low capacity, no problem to fill
Originally Posted by KatW View Post
I hear you, Pausarias, about the need for heavy furniture on aboard yet am certain it could be more artfully constructed.
indeed, as has been done (at least) on private yachts that run hundreds of millions

Last edited by Kagehitokiri; Jul 12, 17 at 9:00 am
Kagehitokiri is offline  
Reply With Quote
Old Jul 11, 17, 7:30 pm
  #47  
Original Member
 
Join Date: May 1998
Location: Northern California USA
Posts: 1,988
I hear you, Pausarias, about the need for heavy furniture on aboard yet am certain it could be more artfully constructed.

Meanwhile I am doubtful there ever could be genuine luxury cruises at prices accessible to most in that demographic. The current ostensible luxury cruise lines are utter crap.
KatW is offline  
Reply With Quote
Old Jul 11, 17, 9:32 pm
  #48  
 
Join Date: Jan 2013
Location: UK
Posts: 1,126
Originally Posted by KatW View Post
The current ostensible luxury cruise lines are utter crap.
I have had a mantra ever since I started cruising -

It's where you are going that counts, not the ship that takes you there.
Pausanias is offline  
Reply With Quote
Old Jul 11, 17, 9:42 pm
  #49  
Original Member
 
Join Date: May 1998
Location: Northern California USA
Posts: 1,988
Originally Posted by Pausanias View Post
I have had a mantra ever since I started cruising -

It's where you are going that counts, not the ship that takes you there.
Okie dokie.
KatW is offline  
Reply With Quote
Old Jul 12, 17, 10:34 am
  #50  
 
Join Date: Apr 2008
Programs: amex platinum, american advantage, united, ANA, JAP. SPG, marriott
Posts: 1,214
Originally Posted by Pausanias View Post
I have had a mantra ever since I started cruising -

It's where you are going that counts, not the ship that takes you there.
In which case I'd only take the Staten Island Ferry in one direction to Manhattan.
wripro is offline  
Reply With Quote
Old Jul 12, 17, 5:14 pm
  #51  
 
Join Date: Feb 2017
Programs: Avis Preferred, Spirit Airlines, Delta Skymiles
Posts: 28
Originally Posted by Kagehitokiri View Post
$25K for what?

$30K charters arent great on space are they? can you give examples of manufacturers? does $30K include expenses and gratuity? megayachts that run hundreds of thousands / millions a week look incredible, but understandably owners dont allow charters to resell rooms.

(lots of) different markets which have different customers

when cruiselines are doing as well as they are, one 149-cabin probably not hard to handle

knows cruise industry pretty well >




indeed, as has been done (at least) on private yachts that run hundreds of millions
Estimating these Ritz Carlton cruises are going to run well into the 5-figures per person. 2 people = 25K +

On one end of the spectrum, you could charter S/Y Peresus, a 200' Perini-Navi, that goes for about $360k + 10% tip per week. Or on the other end of the spectrum, if 200' is too intimidating, you could go as low as $20k/week on a CNB 76 in the BVIs http://ocean-yacht-charter.com/detai...or-charter-904.
gaperskiier is offline  
Reply With Quote
Old Jul 13, 17, 12:14 pm
  #52  
FlyerTalk Evangelist
 
Join Date: Jun 2006
Location: IAD/DCA
Posts: 31,510
Originally Posted by gaperskiier View Post
$20k/week on a CNB 76
nice, but basically no space. looking at your link >
Advanced Provision Allowance (APA): 20-25% MYBA terms and conditions

26.000 USD/week for 2 guests, 29.000 USD/week 4 guests, 32.000 USD/week 6 guests all inclusive Caribbean charter terms but plus beverages, ports if any, communications, clearence and cruising taxes where applicable
Kagehitokiri is offline  
Reply With Quote
Old Jul 13, 17, 1:46 pm
  #53  
Original Poster
Four Seasons Contributor BadgeAman Contributor Badge
 
Join Date: Mar 2004
Location: Baltimore MD
Posts: 3,350
Originally Posted by gaperskiier View Post
Estimating these Ritz Carlton cruises are going to run well into the 5-figures per person. 2 people = 25K +

On one end of the spectrum, you could charter S/Y Peresus, a 200' Perini-Navi, that goes for about $360k + 10% tip per week. Or on the other end of the spectrum, if 200' is too intimidating, you could go as low as $20k/week on a CNB 76 in the BVIs http://ocean-yacht-charter.com/detai...or-charter-904.
I would think that the prices won't be quite that high.. sure perhaps the "brochure" price will be but I think we will probably see prices around 900-1000 per person per day. For instance, Crystal Espirit has 31 cabins and typically sees a brochure rate of about 12K per week but looks like actual prices are more 6K. I don't believe that RC will be able to command a price premium that much higher than the rest of the other smaller ship brands... precisely for the reason that at 25K/week people are going to start looking at charter options...

FDW
FlyingDoctorwu is offline  
Reply With Quote
Old Jul 13, 17, 2:01 pm
  #54  
 
Join Date: May 2010
Location: Colorado
Programs: UA Premier Silver, AA Executive Platinum, Marriott Lifetime Platinum
Posts: 812
Originally Posted by FlyingDoctorwu View Post
...perhaps the "brochure" price will be but I think we will probably see prices around 900-1000 per person per day.
I bet the prices you list will be cut in almost half within 2-years.
Stumblefoot is offline  
Reply With Quote
Old Jul 13, 17, 2:06 pm
  #55  
FlyerTalk Evangelist
 
Join Date: Jun 2006
Location: IAD/DCA
Posts: 31,510
multiple cruiselines can run (not start at) $2K a night
only regent starts closer to that, because of their bundling

1 ship isnt big deal, didnt announce 10 ships in progress
economy/travel up, any recession would impact everyone

looking at some of the numbers >
"options" for 2 more, presume 'as early as' Q1 2021/2022
may 2018 public reservations (charter/group before)
sep 30 2018 as early as if same "30 month" build
sep 30 2019 as early as if same "30 month" build
dec 27 2019 delivery "30 month" from jun 27 2017

ritzcarlton.com/en/yachts
include overnight and daytime ports of call
149 cabins

travelweekly.com/Cruise-Travel/Hospitality-ace-Ritz-Carlton-tries-to-bring-something-new-to-cruising

Prothero pointed to a survey that found 405,000 Ritz-Carlton hotel guests had also taken a cruise in the past year.

first ship will sail in the U.S., Canada, the Caribbean, Latin America, the Mediterranean and Northern Europe.

"All suites onboard will have a far greater ceiling height than in any cruise ship suite," Prothero said,

dozen duplex cabins will offer innovative layouts ideal for in-room entertaining, Prothero said, while other cabins can be combined into larger rooms through soundproof, blind doors.

no casino

Ritz-Carlton Yacht has a long-term agreement to manage the venture, including its marketing which will be done by a dedicated sales staff in Miami...ships, which are being financed by the private equity firm Oaktree Capital Management and senior management.

Travel agents said they were pleased to have another potential sales avenue for their luxury clientele.

Last edited by Kagehitokiri; Jul 16, 17 at 6:22 pm
Kagehitokiri is offline  
Reply With Quote
Old Sep 4, 17, 1:25 am
  #56  
 
Join Date: Jul 2000
Location: Represa CA
Programs: Hilton LT diamond, Hyatt diamond, Marriott LTte, AA LT plat, Seabourn diamond elite
Posts: 2,503
Originally Posted by wripro View Post
I just hope they hire experienced cruise professionals because a cruise lines totally different from a hotel business.
I just hope they hire cruise professionals with a lower rank than president. This industry has more fluff on top than most.

Talking charters as competition to (small) ocean cruise lines is like talking ocean ships versus river boats in same sentence. Only similarity being that all three float on water.
hedoman is offline  
Reply With Quote
Old Sep 4, 17, 3:16 am
  #57  
 
Join Date: Jan 2013
Location: UK
Posts: 1,126
I disembarked a Regent ship last Friday in Iceland, having sailed across from Canada and Greenland (which was a revelation by the way).

I mentioned this Ritz Carlton initiative to several passengers and no one had heard of it. And Regent (and also Seabourn and Silversea) offer enormous incentives to book another cruise when on board - big discounts and upgrades, including Business Class air travel etc.

RC will have to work extremely hard to tempt people off their current cruise lines/ships of choice.
Pausanias is offline  
Reply With Quote
Old Sep 5, 17, 5:22 am
  #58  
FlyerTalk Evangelist
 
Join Date: Jun 2006
Location: IAD/DCA
Posts: 31,510
im questioning whether there is much relationship/equity with/from marriott

they dont need any pax from other cruiselines
Kagehitokiri is offline  
Reply With Quote
Old Sep 6, 17, 7:17 am
  #59  
 
Join Date: Jan 2013
Location: UK
Posts: 1,126
Originally Posted by Kagehitokiri View Post
they dont need any pax from other cruiselines
Why not, Kage?
Pausanias is offline  
Reply With Quote
Old Sep 6, 17, 9:57 am
  #60  
FlyerTalk Evangelist
 
Join Date: Jun 2006
Location: IAD/DCA
Posts: 31,510
1 ship - 149 cabins

there is likely great market for selling ship(s) if owner (who?) decides to cease
Kagehitokiri is offline  
Reply With Quote

Thread Tools
Search this Thread