Carnival Corp acquiring Alaska scenic railroad
Carnival Corp is taking over the scenic White Pass & Yukon Route railroad in Alaska.
Through subsidiary Holland America Princess Alaska Tours, it is buying the tourist train and railroad, as well as its port and retail operations in Skagway, Alaska, from operator TWC Enterprises Ltd.
The acquisition is worth about $290 million and will complete by July 31.
The White Pass & Yukon attracts thousands of tourists a day each summer on its 110-km route from Skagway to Carcross, Yukon.
"We have a long and valued history in Alaska, and remain very committed to the continued development and success of the entire region as one our most popular destinations," said Stein Kruse, CEO of Holland America Group, adding that Skagway is a favourite with guests and crew members.
The deal also includes port and retail operations at Skagway.
The company also entered into a MoU with Survey Point Holdings, Inc, which will assume management operations of the new business on behalf of Carnival Corp.
Survey Point will become the managing partner of the port and rail operations.
"We are delighted that the Skagway port will continue to be locally owned and independently operated by an Alaskan company," Kruse added.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025