Type Public Founded 1993 | Headquarters Hong Kong Parent organization Genting Group | |
Industry Tourism, Resorts, Cruise Brands Star Cruises
Crystal Cruises
Dream Cruises
Resorts World Manila
Lloyd Werft Stock price 0678 (HKG) HK$ 2.44 +0.01 (+0.41%)10 Mar, 4:00 PM GMT+8 - Disclaimer Subsidiaries Crystal Cruises, Zouk Profiles | ||
Genting hong kong targets affluent middle class asian travellers
Genting Hong Kong is a holding company that operates cruise and resort businesses. It is a member of the Malaysian Genting Group and 17.8% owned by Genting Berhad. It owns Crystal Cruises, Dream Cruises, Star Cruises, Resorts World Manila, the Lloyd Werft shipyards, and maintains a 28% share of Norwegian Cruise Line.
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Introducing genting hong kong
Cruise lines
Star Cruises, established by Genting in 1993, is the third largest cruise line in the world with a fleet of 18 ships. Genting positions Star Cruises for the "contemporary cruise market".
In 2000, Genting's Star Cruises purchased Miami-based Norwegian Cruise Line, but sold half of the company to Apollo Management in 2007. A 2013 IPO of Norwegian Cruise Line reduced Star Cruises' ownership share to 28%.
In 2015, Genting purchased Crystal Cruises, which specializes in the "international luxury cruise market", and a majority stake in Lloyd Werft, a German shipyard that was, As of May 2016, under contract to build 10 ships for Genting-owned cruise lines. In November of that year, Genting announced the introduction of Dream Cruises, an Asian luxury cruise line that will debut in November 2016.
In 2016, Genting purchased the remaining 30% of Lloyd Werft, as well as Nordic Yards' Wismar, Warnemunde, and Stralsund shipyards, and combined them to form the Lloyd Werft Group.
Resorts
Genting Hong Kong partnered with Philippines-based Alliance Global Group to establish Resorts World Manila. It is located across Terminal 3 of Ninoy Aquino International Airport. It houses three hotels: Maxims Tower, Marriott Hotel Manila, and Remington Hotel. The Newport Mall is part of this resort and includes the Newport Cinemas and the 1,500-seat Newport Performing Arts Theater.
Genting Hong Kong is based in Hong Kong and is listed on the Hong Kong Stock Exchange (SEHK: 0678) and the GlobalQuote of the Singapore Exchange Securities Trading Limited.