Arts And Leisure Tours

In 1867, the paddle steamer Quaker City launched into the primary American-origin cruise tour. Mark Twain, who later wrote of his journey in The Innocent’s Abroad , was certainly one of several rich passengers on this round-trip journey from America to the Holy Land, Egypt, the Crimea, and Greece. At the time, service provider ships like Quaker City had been often outfitted for leisure voyages in addition to their common commercial actions. From this modest beginning, cruising—or taking a vacation journey by ship—evolved into a vigorous and diversified phase of the tourism trade. The resort company owns 230 timeshare resorts … Read More

Read More

A One-stop Store For All Of Your Tours And Travel Associated Providers

The Company amended the credit agreement governing its $1 billion revolving credit score facility and time period loan B on December 14, 2022. This modification provides for an incremental time period mortgage B of $300 million, which is in a position to mature on December 14, 2029. We expect to use the web proceeds of the incremental term loan B and revolving credit facility capacity to repay our outstanding $400 million greenback secured notes that mature in March, 2023. Net Debt — As of December 31, 2022, the Company’s leverage ratio for covenant functions was 3.5x. The Company had $3.7 … Read More

Read More