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October 29, 2019

Norwegian Cruise Line to invest $100m in Norwegian Spirit renovation

US-based Norwegian Cruise Line has announced it will invest more than $100m to upgrade its cruise ship Norwegian Spirit.

US-based Norwegian Cruise Line has announced it will invest more than $100m to upgrade its cruise ship Norwegian Spirit.

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Starting in January, 40-day modernisation work on Norwegian Spirit will take place at a dry dock in Marseille, France. The upgrade is part of the Norwegian Edge programme.

Work includes the development of 14 new venues, extra staterooms and an expanded Mandara Spa.

The project will involve adding amenities such as the main dining room, an all-day dining outlet, a 24-hour eatery, the Great Outdoors Bar and the Waves Pool Bar.

The refurbished ship will include the Spinnaker Lounge and Bliss Ultra Lounge. A new adults-only daytime lounge Spice H2O will replace the children’s waterpark.

The size of the Mandara Spa will double to almost 7,000ft². It will feature a relaxation area with heated loungers, a sauna, steam room and a new Jacuzzi room.

Norwegian Cruise Line president and CEO Andy Stuart said: “As we continue to introduce new innovative ships to our fleet, with Norwegian Encore making her debut next month, we are committed to ensuring that the experiences our guests have come to enjoy are available on even our most storied ships.

“We are excited to reinvigorate Norwegian Spirit so that she continues to provide lasting memories for guests as they sail to some of the most exotic destinations around the world.”

Following the completion of modernisation, the Norwegian Spirit will resume its service in February next year. The cruise ship will visit ten new ports of call in three continents.

In September, Norwegian Cruise Line announced a ban on single-use plastic bottles across its fleet of cruise ships, starting from 1 January 2020.

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Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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