Expedia invests in CruiseShipCenters

Expedia is making a financial investment in CruiseShipCenters International, a cruise retailer that offers products through 100 franchise retail locations to over 1,500 independent cruise consultants.  “Cruise is the fastest-growing segment of vacation travel, and we
believe that the high touch model that CruiseShipCenters has successfully
built is vital to the future of the cruise industry,” said Mark Kammerer,
General Manager of Cruise, Expedia North America. “This investment by
Expedia acknowledges CruiseShipCenters’ long-standing leadership in the
cruise market.”
  CruiseShipCenters has built a solid reputation as a market leader in
North America’s cruise vacation industry, booking more than 20 percent of
all cruises sold in Canada, and delivering an average revenue growth rate
of 30 percent per year for more than a decade.
  “This alliance greatly enhances the opportunities for our franchise
partners and consultants to serve travelers,” said Michael Drever,
President and CEO of CruiseShipCenters International. “We’re excited about
the opportunity to leverage Expedia’s expertise and inventory access as we
grow the CruiseShipCenters brand in Canada and the US.”