Parent company of Windstar Cruises sheds more assets in...*Includes Windstar Response

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Windstar Cruises
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#2
809 Posts
Joined Jan 2003
Wonder how this will impact bookings for next year?

Back in March, they said they would release the 2010 summer schedule in April. It is now May and nothing has been released.
#3
Alicante, Spain
5,587 Posts
Joined Aug 2008
I know that, just recently, their ships have been sailing far short of full capacity (especially the larger Wind Surf)

They have also been offering low price last minute sailings to try and fill their ships.

One thing that would help them is to offer some new itineraries. There is a limit to how often repeat and loyal passengers will go back to the same old ports of call.
#4
14,140 Posts
Joined Feb 2007
Originally posted by lovecruisingtoo
Wonder how this will impact bookings for next year?

Back in March, they said they would release the 2010 summer schedule in April. It is now May and nothing has been released.
We received the 2010/2011 brochure in the mail yesterday.
#5
Carlsbad, Ca
21 Posts
Joined May 2005
We were concerned about our Windsurf cruise that is sailing in less than two weeks. As everyone knows bankruptcies happen very suddenly some times and we feared that something might happen while we were on our pre-cruise trip in northern Italy. I emailed Diane Moore, the Windstar President, to see what I could find out. I received a very swift and reassuring response. She stated that all of their actions have been to protect the viability of the core Windstar operation and assured me that the May 17th Nice/Monte Carlo cruise would sail as planned with nearly 300 passengers.
#6
New York
1,072 Posts
Joined May 2003
I have been following this the past few weeks also. Stock hit a low of $.23 last week, but with the selling of their Marine assets it moved up to $.71. Everything I read is that they are committed to Windstar. But it these economic times who knows.
Our daughter is booked on the WindSurf for her honeymoon next month, and needless to say hope it all works out. We just booked Wind Star in July at a very low price. Took independent insurance out which includes bankruptcy coverage.
#7
Here, there and everywhere
1,363 Posts
Joined Jun 2005
Originally posted by English_in_Spain

One thing that would help them is to offer some new itineraries. There is a limit to how often repeat and loyal passengers will go back to the same old ports of call.
I second that! Particularly the winter sailings. How many times can you go to St Thomas? I wish they would go to some other islands.
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#8
Chicago
1,524 Posts
Joined Jul 2004
Originally posted by Surfgirl
I second that! Particularly the winter sailings. How many times can you go to St Thomas? I wish they would go to some other islands.

No kidding! Couldn't agree more!
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Upcoming:
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Previous:
2016 Mar:Holland TA, Apr: AMA Rhone
2015 Jan: Celebrity Infinity South America; Apr: Azamara Quest Dubai to Istanbul; Jul: CroisiEurope Provence; Aug: Windsurf Oslo/Dover; Cunard TA; Nov: NCL Escape; Dec: Uniworld Parisian Holiday; Viking Sky Med Holiday
2014 Jan: Celebrity Solstice NZ &Australia; Mar: Azamara Quest TA Miami to Nice; Jul Uniworld Bordeaux; Aug Windstar Pride Dalmatian Coast; Oct: Iceland and Celebrity Eclipse Azores and Canaries; Nov: Regal Princess FLL RT; Dec: Celebrity Reflection Caribbean New Years
2013 Jan: Seabourn Legend Caribbean Sunsets; Apr: AmaWaterways AmaDante Tulip Time; May: Seabourn Sojourn Harbors of Western Europe; Aug: A-Rosa Stella Rhone and Saone; Sep: Norwegian Breakaway Bermuda; Oct: Crystal Symphony New England Classic

2012 May: Crystal Symphony European Discoveries; Sep: Seabourn Odyssey Black Sea; Oct: Disney Dream; Dec: Celebrity Reflection NA Inaugural
2011 May: Avalon Felicity Rhine River; Oct: Celebrity Silhouette Inaugural TA; Holiday: Regent Mariner Caribbean Sunrise Sonata
2010 Apr: Silver Spirit TA NY to Southampton; Oct: Silver Shadow Hong Kong to Bangkok; Holiday: Celebrity Equinox Ultimate Caribbean
2009 May: Windsurf Grand Prix; Sep: Silver Shadow Alaska; Holiday: Oceania Insignia Buenos Aires-Rio
2008 Aug: Viking River Cruises China; Holiday: Oceania Insignia - South America Around the Horn
2007 Sep: Windsurf Venice-Rome; Holiday: Windsurf Caribbean Barbados N and S BTB
2006 Sep: Silver Whisper Baltic; Holiday: Star Flyer Singapore-Phuket
2005 Holiday: Windstar Costa Rica/PanamaCanal
2004 Sep: Oceania Regatta Lisbon-Rome; Holiday: Windsurf Caribbean - Barbados Northbound
2003 Sep: Windsurf Dover - Lisbon; Holiday: Windsurf Caribbean- St. Thomas
2002 Aug: Windstar Istanbul-Athens
2000 Jul: RCL Caribbean; Thanksgiving: HAL Caribbean
1999 Jun: Silver Wind Monaco-Barcelona; Holiday: NCL Caribbean
#10
Chicago
1,524 Posts
Joined Jul 2004
We got our new brochure yesterday
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Upcoming:
2016: June: Avalon Seine; Sept: Crystal Mozart; Dec: Azamara holidays

Previous:
2016 Mar:Holland TA, Apr: AMA Rhone
2015 Jan: Celebrity Infinity South America; Apr: Azamara Quest Dubai to Istanbul; Jul: CroisiEurope Provence; Aug: Windsurf Oslo/Dover; Cunard TA; Nov: NCL Escape; Dec: Uniworld Parisian Holiday; Viking Sky Med Holiday
2014 Jan: Celebrity Solstice NZ &Australia; Mar: Azamara Quest TA Miami to Nice; Jul Uniworld Bordeaux; Aug Windstar Pride Dalmatian Coast; Oct: Iceland and Celebrity Eclipse Azores and Canaries; Nov: Regal Princess FLL RT; Dec: Celebrity Reflection Caribbean New Years
2013 Jan: Seabourn Legend Caribbean Sunsets; Apr: AmaWaterways AmaDante Tulip Time; May: Seabourn Sojourn Harbors of Western Europe; Aug: A-Rosa Stella Rhone and Saone; Sep: Norwegian Breakaway Bermuda; Oct: Crystal Symphony New England Classic

2012 May: Crystal Symphony European Discoveries; Sep: Seabourn Odyssey Black Sea; Oct: Disney Dream; Dec: Celebrity Reflection NA Inaugural
2011 May: Avalon Felicity Rhine River; Oct: Celebrity Silhouette Inaugural TA; Holiday: Regent Mariner Caribbean Sunrise Sonata
2010 Apr: Silver Spirit TA NY to Southampton; Oct: Silver Shadow Hong Kong to Bangkok; Holiday: Celebrity Equinox Ultimate Caribbean
2009 May: Windsurf Grand Prix; Sep: Silver Shadow Alaska; Holiday: Oceania Insignia Buenos Aires-Rio
2008 Aug: Viking River Cruises China; Holiday: Oceania Insignia - South America Around the Horn
2007 Sep: Windsurf Venice-Rome; Holiday: Windsurf Caribbean Barbados N and S BTB
2006 Sep: Silver Whisper Baltic; Holiday: Star Flyer Singapore-Phuket
2005 Holiday: Windstar Costa Rica/PanamaCanal
2004 Sep: Oceania Regatta Lisbon-Rome; Holiday: Windsurf Caribbean - Barbados Northbound
2003 Sep: Windsurf Dover - Lisbon; Holiday: Windsurf Caribbean- St. Thomas
2002 Aug: Windstar Istanbul-Athens
2000 Jul: RCL Caribbean; Thanksgiving: HAL Caribbean
1999 Jun: Silver Wind Monaco-Barcelona; Holiday: NCL Caribbean
#11
Lincoln, CA, USA
118 Posts
Joined Jan 2003
Thanks for the information about the problems of Windstar's parent company. We had been booked on a relocation sailing April 10,2010. Now we're not. I'd sure hate see Windstar go under but, even more, I'd hate to watch our deposit go down with them.
#12
14,140 Posts
Joined Feb 2007
Originally posted by rogerc1944
Thanks for the information about the problems of Windstar's parent company. We had been booked on a relocation sailing April 10,2010. Now we're not. I'd sure hate see Windstar go under but, even more, I'd hate to watch our deposit go down with them.
That's what travel insurance is for.
#13
Jacksonville, Fl.
1,223 Posts
Joined Jan 2003
Oh dear, not good. We're booked on the TA in Nov. from Lisbon to St Thomas. All our airlines and hotels are paid for, and are non refundable. We always get the insurance at the final payment, as that is when it covers pre-existing. I know it sounds backwards, but that's how it works with this particular agency. Guess I'm making the final payment Monday. That way I 'll have the insurance NOW, just in case. Then if everything is OK in NOv, it's already paid for.
#14
British Columbia
316 Posts
Joined Feb 2007
Originally posted by rogerc1944
Thanks for the information about the problems of Windstar's parent company. We had been booked on a relocation sailing April 10,2010. Now we're not. I'd sure hate see Windstar go under but, even more, I'd hate to watch our deposit go down with them.
Cancelling bookings seems like a good way to ensure they go out of business.
#15
Lincoln, CA, USA
118 Posts
Joined Jan 2003
Travel insurance can be a terrific idea when booking any expensive travel. However, this particular relocation cruise (4/10) wasn't that expensive ($3500) enough to justify purchasing insurance. Also, travel insurance now often excludes financial collapse of a cruise company unless this is paid for as an additional item. Always review you policy for exclusions! As to contributing to the bankruptcy of Windstar, I hardly think my thousand bucks will be the tipping point. If Windstar is still in business next year, we can always rebook. If not, there are other cruise lines that offer a similar experience. That said, I would hate to see them go under as I've always wanted sail with them. I recall seeing the Windsong in Moorea many years ago and it took my breath away.
#16
809 Posts
Joined Jan 2003
Originally posted by rogerc1944
Travel insurance can be a terrific idea when booking any expensive travel. However, this particular relocation cruise (4/10) wasn't that expensive ($3500) enough to justify purchasing insurance. Also, travel insurance now often excludes financial collapse of a cruise company unless this is paid for as an additional item. Always review you policy for exclusions! As to contributing to the bankruptcy of Windstar, I hardly think my thousand bucks will be the tipping point. If Windstar is still in business next year, we can always rebook. If not, there are other cruise lines that offer a similar experience. That said, I would hate to see them go under as I've always wanted sail with them. I recall seeing the Windsong in Moorea many years ago and it took my breath away.
A couple of points, I believe your CC company would cover you in the case of financial default (at least until the point of sailing).

It does not appear that you have ever sailed on Windstar. There is no line that offers a similar experience.
#17
New York
1,072 Posts
Joined May 2003
I booked two weeks ago during when their current financial status arose. Took travel insurance with an independent company which included bankrupcy coverage. Problem with most bankrupcy coverage is that it is only valid if you pay up to 15 days after making your deposit. Hope that things work out for Windstar.
#18
Newton, MA
1 Posts
Joined May 2009
Just returned from an overall excellent sailing on the Wind Surf (Lisbon - Barcelona 4-19 departure). The food and service were both outstanding - only negative was incomplete dry dock maintenance resulting in lingering paint and lacquer work and smell for passengers for a number of days.

Unfortunately, the parent company of Windstar (Ambassadors International) faces significant financial challenges. In the recently released annual report the company disclosed that it was in default on a $3 Million loan payment. Therefore, its sale of its marine division for $5M can be seen as an effort to buy some time. The annual report also contained language highlighting questions about the company's ability to be an ongoing concern and the age of the 3 ships. Our cruise only had 204 passengers with a capacity of 315. I hope Windstar makes it but the financial facts are what they are.
#20
Lincoln, CA, USA
118 Posts
Joined Jan 2003
Lovecruisingtoo -- You're right. I've never cruised on Windstar so I'm hardly an expert on this line. That said, I have been on other sailing ships (Royal Clipper, Star Flyer, and the Maple Leaf) and in October/November will be on the Star Clipper's relocation cruise from Athens to Thailand (37 nites). My research comparing the two cruiselines is that Windstar is better on food and accomodations. Star Clippers wins on being an authentic sailing experience. Assuming that Windstar survives the economic troubles of its parent company, no doubt I will enjoy sailing with them.