Sea Cloud Cruises Acquired by The Yacht Portfolio, Part of Ritz-Carlton Start Up
The Yacht Portfolio announced today that it has entered into a letter of intent to acquire Sea Cloud Cruises and its three ships. “Sea Cloud offers such a unique, environmentally-friendly experience in the cruise space, which aligns well with our continued focus on building a strong portfolio of niche luxury brands,” said Douglas Prothero, CEO of The Yacht Portfolio, which is overseeing the The Ritz-Carlton Yacht Collection cruise start up. (cruiseindustrynews.com)