Viking Ocean Cruises® - What Viking Is Not | Viking® (2024)

FAQs

Is Viking Cruises having financial problems? ›

It has about $4.7 billion in debt, according to data compiled by Bloomberg. The company is backed by private equity firm TPG and the Canada Pension Plan Investment Board, which together invested about $500 million in additional capital in November 2020, after first investing in 2016.

If there's one aspect that Viking needs to watch, it's making sure that this lean toward the high brow mirrors the interests of its demographic, as the generations change. The line sets its appeal to travelers age 55 and up; on our sailing, we'd put the average age higher, around 70 or so.

While Viking Ocean Cruises is quite inclusive, there are a few things not covered in the standard package: Gratuities: Tipping is not included in the cost of the cruise.

In order to claim such a refund, on or before the 90th calendar day after the original scheduled embarkation, please submit a copy of the boarding pass/documents, proof of payment (including amount), and a copy of the cancellation or delay notice by email to vikingguestservices@viking.com if you booked your cruise ...

Viking representatives are available weekdays 4:00 AM - 7:00 PM (PST) and weekends from 5:00 AM - 7:00 PM (PST) at 1-866-984-5464.

Condé Nast Traveler

In 2023, Viking was voted #1 for Oceans, #1 for Rivers and #1 for Expeditions in Condé Nast Traveler's annual Readers' Choice Awards.

Dress Code

During the day, passengers can wear shorts, pants or jeans and shoes that are comfortable for walking tours and excursions.

Viking Cruises CEO Torstein Hagen is targeting baby boomers as the luxury cruise line's target audience.

Whilst designated as an Upper Premium brand, Viking has all the hallmarks of a Luxury Ocean Cruise Line. From the tastefully appointed, modern, beautifully designed, Scandinavian ships to the luxurious all-inclusive amenities, Viking are recognised as a Luxury Brand within the industry.

With Viking, there are no hidden fees. One price covers most everything—port charges, Wi-Fi, meals, lectures, activities and shore excursions—plus hotel accommodations on cruisetours.

Is laundry free on Viking Ocean cruises? ›

Depending on your stateroom category, laundry, pressing and dry cleaning services may be complimentary. If your stateroom category does not include these services, they may be purchased for a modest fee. A full listing of amenities by stateroom category can be found on each ship page.

This charge excludes bar gratuity; a 15% gratuity is automatically added to bar, beverage, wine and deck service tabs. Should you wish to make changes to the gratuity amounts or pay in cash, stop by Guest Services at any time. Tipping Policies are subject to change by the cruise line.

Viking Cruises Ltd. sold $720 million of junk bonds on Monday to refinance costly debt from the early days of the pandemic as cruise companies are broadly seeing their fortunes bounce back after the pandemic.

Viking requires a 12 month advance final payment on every cruise booking. If a person is a past guest and has a sailing scheduled already within one year, and makes a request for payment delay, they can have a 6 month advance final payment.

We believe Viking's revenue, EBITDA, and cash flow will continue to increase and leverage will improve to the mid-4x area this year from around 5x at the end of 2023. As a result, we raised our issuer credit rating on Viking to 'B+' from 'B'. The outlook is positive.

Total revenue for the first quarter of 2024 was $718.2 million, an increase of $89.2 million, or 14.2%, over the same period in 2023 mainly due to an increase in the size of the Company's fleet and higher Occupancy in 2024 compared to 2023.

We believe Viking's revenue, EBITDA, and cash flow will continue to increase and leverage will improve to the mid-4x area this year from around 5x at the end of 2023. As a result, we raised our issuer credit rating on Viking to 'B+' from 'B'. The outlook is positive.

Last year, the cruise line hosted close to 650,000 guests and generated $4.7 billion in revenue, up by almost 50% from 2022. Its underlying profits were $1.1 billion for the same period, according to Viking's prospectus. The cruise company is still much smaller than rivals like Carnival, Royal Caribbean, and Norwegian.

Viking said it may use some of the capital from the IPO to help expand its offerings to land-based tours and excursions. It will also use some of the capital to pay down its debt, which was $5.4 billion in December.