Why did Crystal Cruises go out of business?

The company reported major losses during the COVID-19 pandemic. Anderson told Bloomberg that Genting Hong Kong had “effectively washed their hands of Crystal” during its own financial struggles. The former president said Crystal Cruises had no cash remaining on hand by the time it shut down for good.

What's happened to Crystal Cruises?

Currently the ships and other assets are being sold off - very sad given that the value of the company lies more in the Crystal Cruises brand itself, which has commanded such loyalty over so many years, with an extraordinary line-up of awards.

Has anyone bought Crystal Cruise?

A&K Travel Group, owned by Geoffrey Kent of luxury travel company Abercrombie & Kent and industrial holding company Heritage, purchased the Crystal Serenity and Crystal Symphony ships, the companies announced Wednesday.

Is Crystal Cruise still in business?

Crystal Cruises recently shut down its US operations and let its employees go. It was the latest in a series of unfortunate events for the company in recent months.

Has anyone received a refund from Crystal Cruises?

Crystal did send us emails confirming our refunds as 'pending. ' But as of yet, we have not received any refund. According to the terms of our Crystal contract, the cruise line owes us a full refund if we cancel before February 14, 2022.

Bankrupt - Crystal Cruises

Is Crystal Cruises in financial trouble?

Genting Hong Kong, which owns Asia-based Dream Cruises and Star Cruises as well as Crystal, has been struggling financially ever since the COVID-19 pandemic forced a worldwide shutdown to cruising in early 2020.

Is Crystal Cruises selling their ships?

The cruise ships were reported sold last week by the Supreme Court in the Bahamas with the Crystal Symphony going for $25 million and the newer Crystal Serenity sold for $103 million. The brand name and other assets of the cruise line were acquired separately from the U.S.-based liquidators of the company.

Who will buy Crystal Cruises ships?

Heritage Group, managed by Manfredi Lefebvre d'Ovidio, former owner and executive chairman of Silversea Cruises, confirmed it has made two fully funded offers to acquire Crystal Cruises.

Does Royal Caribbean own Crystal Cruises?

The cruise line Silverseas was purchased by Royal Caribbean International in 2018 through 2020, and has since acquired the former Crystal Cruises ship the Crystal Endeavor.

Are all Crystal Cruises canceled?

Currently, Crystal has not cancelled cruises beyond April 29, 2022.

Does Genting own Crystal Cruises?

The Crystal Symphony, a luxury cruise liner owned by Crystal Cruises, a subsidiary of Genting Hong Kong, was supposed to arrive in Miami on Saturday, January 22.

How do I get a refund from Crystal Cruises?

The Federal Maritime Commission has been advised that Proof of Claims for refunds from Crystal Cruises can be filed at https://crystalcruiseclaims.com/.

Is Genting Group in trouble?

Resorts World Genting, which is the group's flagship location perched on a hill outside of Kuala Lumpur in Malaysia, is still struggling to rebound from the pandemic. It was closed between June and September and its revenue is down 78% during the first nine months of 2021 compared with 2020.

Which cruise line has gone into liquidation?

Last week, the most-awarded luxury cruise line in the industry, Crystal Cruises, unceremoniously shuttered its doors, with not a word to consumers nor travel agents.

Is Dream cruise closing down?

MDIS March e-Open House 2022

World Dream, a Dream Cruises' vessel, will cease operations upon the completion of its current sailing on Mar. 2, 2022.

What will happen to Genting cruise?

On Jan 19, Genting Hong Kong, which owns Dream Cruises, Crystal Cruises and Star Cruises, announced that it was filing for bankruptcy. This came after a US$1.7 billion record loss for the company in 2020 and a US$743 million loss in the first half of 2021.

How many ships did Crystal cruise lines have?

Crystal Cruises has 2 ships in the fleet. From the moment you step on board, you will experience Crystal Cruises' dedication to making your cruise with us a perfect one. Our Six-Star Commitment means each instant must be memorable, every detail sublime.

Where is Crystal Symphony cruise ship now?

Cruise trackers show Crystal Symphony currently docked in the Bahamian island of Bimini.