Virgin Voyages raises $550 million in new funding

Sunday, 17 Aug, 2022 0

Virgin Voyages has closed on $550 million in new capital.

It was led by funds and accounts managed by BlackRock and includes new external financing and additional capital from existing investors including Bain Capital Private Equity and Virgin Group.

Virgin Voyages has also received additional support from its existing lenders.

The new funding will enable Virgin Voyages to continue on its growth strategy path.

Virgin Voyages officially launched in August 2021 and currently sails two ships, Scarlet Lady from the US to the Caribbean, and Valiant Lady currently sailing in the Mediterranean.

“We have created a product that both our investors and consumers truly believe in, and this additional capital comes at a time when we’re looking forward to exponential growth,” said Tom McAlpin, CEO of Virgin Voyages.

Research by Virgin Voyages says 96% of consumers are keen to cruise this year.



Learn more about :   ( )  



 

profileimage

Ray Monty



Most Read

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
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...