Last minute funding keeps Pandaw afloat
Just weeks after confirming it was dead in the water and set to close, Pandaw has now secured extra funding which will see it stay afloat.
The Asia river cruise operator has been ‘inundated with hundreds of goodwill messages from regular passengers. In addition, several would-be investors emerged keen to acquire this iconic brand.’
CEO Paul Strachan says it has bagged funds to keep ticking over until September 2022 when it hopes to have restarted cruise operations.
"A big thank you to all our supporters for raising morale after nearly two years of hell," Strachan said.
"If it were not for the incredible support from the members of the Pandaw community, I think we would have thrown in the towel."
Countries it operates in including Thailand and Cambodia have now opened to vaccinated travellers, while Laos and Vietnam are likely to reopen in the early months of 2022.
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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.