Norwegian Cruise Line has announced that Jason Montague has been named president and chief operating officer of Prestige Cruise Holdings. The move follows the resignation of Kunal Kamlani. Montague was instrumental in launching Oceania Cruises in 2002 and is widely regarded as one of the original co-founders of the company.
Norwegian Cruise Line has completed its previously-announced acquisition of Prestige Cruises International, the market leader in the upscale cruise segment and parent company of Oceania Cruises and Regent Seven Seas Cruises. The deal came in for a total of $3.025 billion in cash and stock, including the assumption of debt. With this acquisition, Norwegian Cruise Line Holdings operates a portfolio of brands that span all market segments in the cruise industry, from contemporary to upper-premium to luxury.
Long-serving Seven Seas Cruises chief executive Mark Conroy will step down at the end of January 2013, parent company Prestige Cruise Holdings has confirmed. Conroy has led Regent Seven Seas Cruises for two decades.
Prestige Cruise Holdings (PCH), the parent corporation of Oceania Cruises and Regent Seven Seas Cruises, has announced the appointment of Kunal S. Kamlani as president and chief operating officer, effective immediately.